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Apollo's Rowan says accepted CEO role 'for the opportunity'

Feb 24, 2021 - Nasdaq
Financial Results

By Feb 24 (Reuters) - Apollo Global Management Inc APO.N co-founder Marc Rowan said on Wednesday he returned from a sabbatical to succeed Leon Black as chief executive because of the opportunity to run the private equity firm.

Black said last month he would relinquish the CEO role but remain Apollo's board chairman following a review of his ties to the late financier and convicted sex offender Jeffrey Epstein.

The review found Black paid Epstein $158 million for advice on tax and est...