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Apollo Global CEO Leon Black to retire after Epstein review


Apollo Global CEO Leon Black to retire after Epstein review
Bloomberg
Leon Black, right, announced his retirement Monday following an independent review of his professional relationship with convicted sex offender Jeffrey Epstein.
Leon Black, chairman and CEO of Apollo Global Management, will retire as CEO by July 31, but remain chairman, a news release said Monday.
Marc Rowan, Apollo co-founder and senior managing director, will succeed Mr. Black as CEO.
The announcement comes immediately on the heels of Apollo’s announcement of the completion of law firm Dechert’s independent review of Mr. Black’s professional relationship with financier and convicted sex offender Jeffrey Epstein. ....

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Apollo Announces Review of Significant Governance Enhancements as Part of Continued Evolution ...


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Apollo Announces Review of Significant Governance Enhancements as Part of Continued Evolution .
Apollo Global Management, Inc.January 25, 2021 GMT
New Directors Appointed and Board and Executive Committee to Consider Recommendations for Further Expansion, Simplified Voting Structure and Elimination of Executive Committee
Leon Black to Retire on or before July 31, 2021 as CEO and to Remain Chairman, Marc Rowan Named Successor
NEW YORK, Jan. 25, 2021 (GLOBE NEWSWIRE) Apollo Global Management, Inc. (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) today announced that Chairman and CEO Leon Black has informed the Board of Directors that he will retire as CEO effective on or before July 31, 2021 consistent with best-in-class governance practices. The Executive Committee, with the support of the Board, unanimously approved Marc Rowan as CEO to succe ....

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