Apollo Names First Sustainability Chief to Lead ESG Push (1)

Apollo Global Management Inc. named Dave Stangis as its first chief sustainability officer, a new position for the $472 billion alternative-asset manager.

Stangis, 56, will oversee an expansion of Apollo’s environmental, social and governance program and work to incorporate ESG initiatives across its businesses, the company said Monday. He’ll join the management committee and report to co-Presidents Scott Kleinman and Jim Zelter.

“We need our investors to understand how we are moving faster on issues of the environment, including diving deeper into climate, carbon, transitions, water, waste and energy,” Stangis said in an interview.

Stangis, who has focused on ...