Leon Black Will Step Down as Apollo CEO

The transcript discusses changes in Apollo's board governance and leadership, highlighting Mark Rowan's appointment as CEO. It explores the importance of succession planning in private equity, noting industry trends and the challenges faced by firms like Apollo. The discussion also touches on the historical context of leadership transitions and the evolving nature of private equity firms.

How does the private equity industry differ from older financial institutions like Goldman Sachs?

What is said about Mark Rowan's leadership style and its potential impact on Apollo?