Apollo Taps Gary Cohn as Lead Director, Names Rowan Chair (1)

Apollo Global Management Inc. tapped ex-Goldman Sachs Group Inc. President Gary Cohn as lead independent director and gave Chief Executive Officer Marc Rowanthe additional title of board chair.

Rowan, 62, is taking on the expanded role following the resignation of Jay Clayton, who will become interim US Attorney for the Southern District of New York, Apollo said in a statement Thursday.

Clayton, former chair of the US Securities and Exchange Commission, arrived at Apollo as a steadying force after then-CEO and Chair Leon Black’s ties with sex offender Jeffrey Epstein threatened the firm’s reputation and stoked ...