Announcement • Dec 30
Acropolis Infrastructure Acquisition Corp. Files Form 15 Acropolis Infrastructure Acquisition Corp. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Class A common stock under the Securities Exchange Act of 1934, as amended. Board Change • Jan 01
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Independent Director Curt Morgan is the most experienced director on the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Announcement • Dec 22
Acropolis Infrastructure Acquisition Corp. Announces Board Changes On December 20, 2022, Geoffrey Strong resigned Director of Acropolis Infrastructure Acquisition Corp. effective upon acceptance by the board of directors of the Company (the “Board”). Mr. Strong did not resign due to any disagreement with the Company on any matter relating to its operations, policies or practices. Also on December 20, 2022, the Board accepted Mr. Strong’s resignation and appointed Sanjay Patel to succeed Mr. Strong as Director , effective immediately. Mr. Patel will serve as a Class I director until the Company’s first annual meeting of stockholders and until his successor is duly elected and qualified (or his earlier death, resignation or removal). Mr. Patel is Chairman International and Partner of Private Equity of Apollo Global Management Inc. (“Apollo”), with responsibility for helping to build and develop Apollo’s international businesses. He was formerly Head of Europe and managing partner of Apollo European Principal Finance. Mr. Patel serves as Apollo Strategic Growth Capital II’s Chief Executive Officer and Director and previously served as the Chief Executive Officer and Director of Apollo Strategic Growth Capital. He currently serves on the board of directors of Tegra Apparel; he previously also served on the boards of directors of Amissima Holdings, Brit Insurance, Countrywide PLC and Watches of Switzerland. Mr. Patel joined Apollo in 2010 as Head of International Private Equity. Prior to Apollo, Mr. Patel was a partner at Goldman, Sachs & Co., where he was co-head of European and Indian Private Equity for the Principal Investment Area (PIA), a member of the Goldman Sachs Partnership Committee and a member of the Investment Committee of the Goldman Sachs Foundation. Prior thereto, he was President of Greenwich Street Capital. Mr. Patel is a member of the Harvard Graduate School of Design Dean’s Leadership Council and the Stanford Graduate School of Business Advisory Council. He also serves on the Investment Committee of the Eton College Foundation and is a member of the Eton Development Advisory Council. He received his AB and SM engineering degrees, magna cum laude, from Harvard College and received his MBA degree from the Stanford Graduate School of Business, where he was an Arjay Miller Scholar. He was educated at Eton College in the UK, where he was a King’s Scholar.