
Ares management CEO Michael Arougheti sells over $12m in company stock
Michael Arougheti, the Co-Founder, CEO, and President of Ares Management Corp (NYSE:ARES), has recently sold a significant portion of his holdings in the company. According to the latest filings, Arougheti sold shares totaling over $12.4 million. The transactions occurred over a span of three days and involved the sale of Ares Management\'s Class A Common...