Athene Announces Key Leadership Appointments Aligned with Five-Year Growth Plan

Core Viewpoint - Athene has appointed Grant Kvalheim as the new Chief Executive Officer, effective July 1, 2025, as part of a leadership transition aligned with its five-year growth plan [1][3]. Leadership Changes - Grant Kvalheim, a 14-year veteran of Athene, will take over as CEO, having previously served as President [1][4]. - Jim Belardi, co-founder of Athene, has been named Executive Chairman and will continue as Chief Investment Officer [1]. - Mike Downing and Sean Brennan have been elevated to Co-Presidents of Athene USA, with Downing also serving as Chief Operating Officer and Brennan as Chief Commercial Officer [2][5]. Strategic Focus - The leadership appointments are part of Athene's strategy to capitalize on market opportunities and drive growth, particularly in response to the growing retirement crisis in the U.S. [3][4]. - Kvalheim emphasized the need for guaranteed lifetime income and plans to expand market share and innovation [4]. Company Background - Athene is a leading retirement services company with over $380 billion in total assets as of March 31, 2025, and operates in the U.S., Bermuda, Canada, and Japan [7]. - The company focuses on providing financial security through retirement income and savings products, as well as serving corporate clients [7].