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

Malaysia News News

Leon Black quits Apollo months earlier than expected following Jeffrey Epstein investment scandal
Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

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.

  • 📰 CNBC
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNBC /  🏆 12. in MY
 

Do many people attached to Epstein 🤬

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines



Render Time: 2025-01-11 18:32:14