Black Out At CMG’s Controlling Parent

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The Leon Black leadership era at the company that holds a majority stake in Cox Media Group has abruptly come to an end.


Nearly eight weeks after a Apollo Global Management “Conflicts Committee” and its board of directors completed a previously announced independent review of its Chairman and CEO’s previous professional relationship with Jeffrey Epstein — the convicted sex offender tied to the trafficking of minors who died in prison, Black has officially abdicated the top role at Apollo.

It comes several months ahead of the transition plan released in January.

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