{"id":163136,"date":"2021-01-26T02:33:21","date_gmt":"2021-01-25T23:33:21","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/leon-black-to-step-down-as-ceo-of-apollo-global-management\/"},"modified":"2021-01-26T02:33:21","modified_gmt":"2021-01-25T23:33:21","slug":"leon-black-to-step-down-as-ceo-of-apollo-global-management","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/leon-black-to-step-down-as-ceo-of-apollo-global-management\/","title":{"rendered":"#Leon Black to step down as CEO of Apollo Global Management"},"content":{"rendered":"

“#Leon Black to step down as CEO of Apollo Global Management<\/strong>”
\n<\/p>\n

\n

Leon Black is stepping down as CEO of Apollo Global Management following an internal probe into his ties to convicted pedophile Jeffrey Epstein, the company said Monday.<\/p>\n

The monthslong probe, conducted by law firm Dechert, found no evidence that Black engaged in any of Epstein\u2019s alleged criminal activities but determined that he paid Epstein\u00a0$158 million in advisory fees \u2014 greater than had been previously disclosed<\/p>\n

Black will remain Apollo\u2019s chairman. Marc Rowan \u2014 who last year left the firm he founded with \u00a0Black and Josh Harris to run his personal investments \u2014 will return as CEO, Apollo said.<\/p>\n

Epstein pleaded guilty in 2008 to soliciting and procuring a minor for prostitution.\u00a0 He was rearrested in \u00a02019 for sex trafficking following scrutiny of a 2007 nonprosecution agreement he signed with federal authorities in Florida that involved a wider probe into his dealings with underage girls. He died while in prison from an app<\/a>arent suicide.<\/p>\n

\u201cBlack viewed Epstein as a confirmed bachelor with eclectic tastes, who often employed attractive women. However, Black did not believe that any of the women in Epstein\u2019s employ were underage. Black has no recollection of ever seeing Epstein with an underage woman at any time,\u201d the Dechert investigation said.<\/p>\n

\u201cI am extraordinarily proud of what my partners and I have built at Apollo over the past 30 years,\u201d Black said in a statement. \u201cThis is a decision I have been considering for several years.\u201d<\/p>\n

The Post reported exclusively in July 2019 that Black\u2019s family charity had kept Epstein as a director for four years after Epstein\u2019s 2008 guilty plea, which the foundation claimed was the result of a clerical error. Black later said he maintained ties with Epstein following 2008, saying he was paid to provide estate planning and tax advice.<\/p>\n

Black remains chairman of the Museum of Modern Art, which has so far stuck behind the major art buyer and donor.\n <\/p><\/div>\n

If you liked the article, do not forget to share it with your friends. Follow us on\u00a0Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n

\n

For forums sites go to Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

\n

If you want to read more News<\/a> articles, you can visit our News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n

Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

“#Leon Black to step down as CEO of Apollo Global Management” Leon Black is stepping down as CEO of Apollo Global Management following an internal probe into his ties to convicted pedophile Jeffrey Epstein, the company said Monday. The monthslong probe, conducted by law firm Dechert, found no evidence that Black engaged in any of…<\/p>\n","protected":false},"author":1,"featured_media":163137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2021\/01\/leon-black-apollo.jpg?quality=90&strip=all&w=1200","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[90716,72964,55838,72968],"class_list":["post-163136","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-1-25-21","tag-apollo-global-management","tag-jeffrey-epstein","tag-leon-black"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/163136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=163136"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/163136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/163137"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=163136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=163136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=163136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}