Black’s Apollo Exit Follows ‘Deeply Trying’ Fallout Over Epstein
- Private equity co-founder had planned to leave CEO job by July
- Marc Rowan takes helm, Clayton becomes non-executive chairman
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For Leon Black, it all got to be too much.
The man who built one of the most ruthless money-making machines in Wall Street history unexpectedly left his Apollo Global Management Inc. on Sunday, handing over the reins to one of his proteges, Marc Rowan, and a former U.S. regulator.