Leon Black quits Apollo months earlier than expected following Jeffrey Epstein investment scandal

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Leon Black, who had paid the late sexual predator Jeffrey Epstein millions of dollars for financial guidance, left Apollo earlier than planned.

Black, who is also relinquishing his position as Apollo chairman, claimed that his wife's and his own "health issues" played a key role in his decision to step aside now. Apollo had said in January that Black would leave in July.

The investment manager firm also said Monday that former SEC chairman and Apollo's lead independent director Jay Clayton has been named non-executive chairman of the board of directors.

 

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