Jaycee Pribulsky, a longtime Nike chief who solely 19 months in the past grew to become its chief sustainability officer, has joined Apollo World Administration as accomplice and chief sustainability officer efficient Oct. 1.
She succeeds Dave Stangis, who 4 years in the past grew to become the agency’s first CSO. He’ll stay a accomplice, then function senior advisor beginning in 2026 earlier than he retires.
“Jaycee brings deep expertise in sustainability, and her management shall be essential in persevering with to advance and scale our platforms,” said Stangis, who additionally served as the primary prime sustainability govt at each The Campbell’s Firm and Intel.
Pribulsky had teased an “unbelievable alternative” in a LinkedIn publish Sept. 9. She is going to return to New York Metropolis after eight years in Beaverton, Oregon.
As Pribulsky rose from senior director to vice chairman provide chain roles to the CSO seat, her focus included thinning emissions from 500 factories using 1,000,000 individuals throughout 41 nations. She changed CSO Noel Kinder in February 2024 when he left for Lululemon.
Nike, which had lower its sustainability group by 30 % on the finish of 2023, has not named a brand new CSO.
About Apollo
Heading up technique, reporting, local weather and worker engagement at Apollo World Administration is a marked shift from working at Nike, with its greater than 77,000 staff. Apollo, which is public, employs 5,100 individuals in 37 world places of work and manages $840 billion of belongings, together with a $70 billion non-public fairness portfolio. She leads a group of roughly 30 individuals devoted to sustainability throughout the corporate.
“Apollo is thought for its scale, capabilities and deal with delivering efficiency and resilience for purchasers and portfolio firms,” Pribulsky stated in a press assertion. “I’m excited to construct on that basis working intently with colleagues and companions, utilizing Apollo’s sustainability technique as a sensible device for long-term worth creation.”
Now that Stangis has cemented a basis for sustainability reporting and danger administration at Apollo, Pribulsky’s job contains persevering with to make use of sustainability to create enterprise worth.
“Personal capital is important to bridging the hole the place conventional funding falls quick, and we see alternatives to deploy long-term capital in ways in which drive each robust returns and significant worth creation,” Stangis famous in Apollo’s 112-page sustainability report for 2024. “One of many largest areas is in advancing the vitality transition the place we’re investing in scalable, resilient options that may energy industries for many years.”
Apollo helped to maneuver some $59 billion inside its funds towards climate-transition associated investments. The aim is $100 billion by 2030. A pattern funding: SunPower acquired $300 million in assist for its house photo voltaic and storage choices by means of Apollo’s funds and associates final yr.
Nonetheless, Pribulsky joins the agency at a turbulent time for asset managers. Going through an ESG backlash from the White Home, they’re additionally underneath regulatory stress to make sustainability reporting extra clear and defend their influence claims. “Various” managers reminiscent of Apollo additionally face the tensions of delivering returns from distressed or high-risk investments, together with these associated to fossil fuels, that don’t align tidily with sustainability objectives.
Pribulsky’s profession
For greater than twenty years, Pribulsky centered on sustainability and operations, notably in sourcing. She additionally has a deep and assorted set of experiences in public relations and governance, together with at Bloomberg, Waggener Edstrom, Citigroup and United Applied sciences.
Earlier than finishing an MBA at Columbia College, Pribulsky labored in President Invoice Clinton’s White Home, together with stints as his particular assistant and a scheduler for first woman Hillary Clinton.
“Jaycee’s cross-sector expertise and monitor report of constructing sturdy, business-aligned sustainability applications will proceed to advance Apollo’s differentiated strategy and aggressive management,” Apollo Asset Administration Co-President Scott Kleinman said.
