Apollo’s Outgoing Legal Chief Earned Nearly $8.4 Million (1)

Apollo Global Management Inc.'s longtime chief legal officer John Suydam received about $8.4 million in total compensation during fiscal 2022, the private equity firm disclosed in a proxy statement filed late Friday.

Suydam earned $2.5 million in annual base salary and more than $3.9 million in stock awards, the filing shows. Apollo gave Suydam an additional $1.9 million in other compensation, a sum that includes a $250,000 partner benefits stipend, according to the company’s proxy.

Suydam, who joined Apollo in 2006, is poised to step down at year’s end and transition to a senior advisory role. He had not previously ...