Apollo Commercial Real Estate Finance, Inc. Expands Board of Directors With Election of Brenna Haysom
February 06 2020 - 4:15PM
Apollo Commercial Real Estate Finance, Inc. (the “Company” or
“ARI”) (NYSE:ARI), today announced the Board of Directors of the
Company (the “Board”) elected Brenna Haysom to serve as an
independent director, effective February 3, 2020. Ms.
Haysom’s election brings the total number of independent directors
on ARI’s board to five out of eight seats. She will serve as
a member of both the Compensation Committee and the Nominating and
Corporate Governance Committee.
Commenting on the election, Michael Salvati,
non-executive Chairman of the Board of ARI, said: “We are thrilled
to welcome Brenna to the Board of ARI. She is a seasoned
executive and we believe ARI will benefit greatly from her insight
and expertise.”
Ms. Haysom is the Chief Executive Officer of
Rally Labs, LLC, a consumer pharmaceutical company that focuses on
over-the-counter drug products for younger consumers. Prior
to founding Rally Labs, LLC in 2010, Ms. Haysom worked in the
private equity group of Apollo Global Management, Inc., where she
focused on both equity and credit investing across a range of
industries that included financial services, transportation,
chemicals, telecom and media. She began her career at Lazard
Frères & Co. Ms. Haysom graduated from Harvard College
and has an MBA from Harvard Business School.
About Apollo Commercial Real Estate
Finance, Inc. Apollo Commercial Real Estate Finance, Inc.
(NYSE: ARI) is a real estate investment trust that primarily
originates, acquires, invests in and manages performing commercial
first mortgage loans, subordinate financings and other commercial
real estate-related debt investments. The Company is
externally managed and advised by ACREFI Management, LLC, a
Delaware limited liability company and an indirect subsidiary of
Apollo Global Management, Inc., a leading global alternative
investment manager with approximately $331 billion of assets under
management at December 31, 2019.
Additional information can be found on the
Company's website at www.apolloreit.com.
Forward-Looking
StatementsCertain statements contained in this press
release constitute forward-looking statements as such term is
defined in Section 27A of the Securities Act of 1933, as amended,
and Section 21E of the Securities Exchange Act of 1934, as amended,
and such statements are intended to be covered by the safe harbor
provided by the same. Forward-looking statements are subject to
substantial risks and uncertainties, many of which are difficult to
predict and are generally beyond the Company's control. These
forward-looking statements include information about possible or
assumed future results of the Company's business, financial
condition, liquidity, results of operations, plans and objectives.
When used in this release, the words believe, expect, anticipate,
estimate, plan, continue, intend, should, may or similar
expressions, are intended to identify forward-looking statements.
Statements regarding the following subjects, among others, may be
forward-looking: the return on equity; the yield on investments;
the ability to borrow to finance assets; the Company’s ability to
deploy the proceeds of its capital raises or acquire its target
assets; and risks associated with investing in real estate assets,
including changes in business conditions and the general economy.
For a further list and description of such risks and uncertainties,
see the reports filed by the Company with the Securities and
Exchange Commission. The forward-looking statements, and other
risks, uncertainties and factors are based on the Company's
beliefs, assumptions and expectations of its future performance,
taking into account all information currently available to the
Company. Forward-looking statements are not predictions of future
events. The Company disclaims any intention or obligation to update
or revise any forward-looking statements, whether as a result of
new information, future events or otherwise, except as required by
law.
CONTACT: Hilary
GinsbergInvestor Relations (212)
822-0767
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