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Leon Black Departs MoMa Amy Cappellazzo Quits Sotheby's England's Creative Coast


MoMA Appoints Marie-Josée Kravis Chairperson To Replace Tarnished Leon Black
The Museum of Modern Art has replaced their Chairman Leon Black, a private equity investor and owner of Phaidon Press, with Marie-Josée Kravis, a highly regarded Canadian philanthropist and collector. The museum felt the long-running saga was too much of a distraction for the institution, which hopes to get back to business after the COVID hiatus.
Black is best known as the co-founder and former CEO of private equity firm Apollo Global Management. He stepped down as CEO and chairman in 2021 after revelations that he paid Jeffrey Epstein $158 million for family office tax-related advice over the period from 2012 to 2017. Black is also the owner of a version of Edvard Munch’s The Scream, which realized $119.9 million, the highest price ever paid for a work of art at auction at that time. ....

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