Connect with us

Hi, what are you looking for?

Business

Billionaire investor Leon Black steps down from Apollo Global Management after investigation

Billionaire investor Leon Black who was accused of paying Jeffrey Epstein $75million for 'professional services' has stepped down from his position as the chief executive officer of Apollo Global Management after an internal investigation

By VALERIE EDWARDS

FOR DAILYMAIL.COM

Billionaire investor Leon Black, who was accused of paying Jeffrey Epstein $75million for ‘professional services’ said Thursday that he’s stepping down as CEO of Apollo Global Management after an internal investigation found that he paid the financier $148million in advisory fees.

The company announced Monday that Black had 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’. Black will be succeeded by Marc Rowan.

Click the link below to read the rest of this story.

https://www.dailymail.co.uk/news/article-9186269/Billionaire-investor-Leon-Black-stepping-CEO-Apollo-Global-Management.html

Click here to get more news from the Bulldog

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

National News

By Mark Hansel Bulldog Report managing editor The inaugural Freedom Fest in Morning View, Kentucky, drew a crowd of thousands to the farm of...

Health

Letter from St. E doctors and other healthcare professionals expresses strong opposition to mandate Deters law has received a copy of a letter from...

Health

Deters Law has issued the following release regarding a lawsuit filed against major healthcare systems in the Greater Cincinnati Region. The lawsuit addresses the...

Donald Trump

Just Weeks After Spending $35 million For A 13,241sq Ft Mansion Nearby In Palm Beach By ARIEL ZILBER FOR DAILYMAIL.COM Sylvester Stallone recently paid...