Insider spoke with more than a dozen people to find out more about Marc Rowan, the Apollo Global Management CEO tasked with taking the firm beyond Leon Black
Marc Rowan, a seasoned
Rowan, a co-founder of private equity giant
Rowan was named Apollo's CEO in January, after an independent review conducted by the law firm Dechert revealed the extent of the business ties between Black and the late convicted sex offender Jeffrey Epstein. Joshua Harris, a private-equity guru and Apollo co-founder who many saw as Black's likely successor, was passed over for the job.
Rowan, Apollo's third co-founder, had been on a semi-sabbatical from the firm since the previous summer, but the scandal surrounding Black abruptly yanked him back into the fold. A few tumultuous months later - after Black suddenly stepped down and relinquished the chairman's role earlier than planned - Rowan officially took the helm in March.
Insider spoke with more than a dozen current and former Apollo employees, as well as Rowan's close friends, business partners, and rivals, to better understand the man who has sought to avoid the spotlight and is less known than Black or Harris.
SUBSCRIBE TO READ THE FULL STORY: Marc Rowan steered Apollo through a rough transition after Leon Black stepped down. Insiders lay out the new challenges he's facing.
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