Apollo-Backed Athene Hires MetLife’s Wheeler, Fueling IPO

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Athene Holding Ltd., the insurer tied to Apollo Global Management LLC, named ex-MetLife Inc. executive William Wheeler as president as it prepares to go public.

Wheeler, 54, spent 17 years at MetLife before leaving last month. He takes over at Athene on Sept. 28, the Bermuda-based insurer said Thursday in a statementBloomberg Terminal. Athene, led by Chief Executive Officer Jim Belardi, has been flagging plans for an initial public offering for more than a year. Grant Kvalheim remains CEO of Athene USA.