Finance
Black Hangs On at Apollo as Epstein Links Cost Him CEO Role
- External review prompts him to pass reins to lieutenant Rowan
- Harris pushed Black to step down, but he will remain chairman
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In the end, it was two against one -- the ultimate power play by Leon Black, one of Wall Street’s ultimate power-players.
After months of ugly headlines about his business dealings with notorious sex offender Jeffrey Epstein, Black himself orchestrated a plan to remove the taint from Apollo Global Management -- without completely letting go of the company he built.