Apollo co-founder Leon Black steps down as company chair
22 March 2021 - 19:44
Bengaluru — Apollo Global Management co-founder Leon Black has left his executive positions at the New York-based private equity firm, a move that caps a series of corporate governance changes triggered by a review of his ties to late financier and convicted sex offender Jeffrey Epstein.
Black, who cofounded Apollo 31 years ago, stepped down as the company’s chair, with Jay Clayton, former US Securities and Exchange Commission (SEC) chief, taking over as nonexecutive chair, according to a statement on Monday...
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