John Catsimatidis promotes son to president of $7B Red Apple Group

Billionaire business mogul John Catsimatidis promoted his 30-year-old son to president and chief operating officer of the $7 billion Red Apple Group, which has a vast empire that spans media, real estate, fossil fuels, and the Gristedes and D’Agostino’s grocery chains in New York City. John Catsimatidis Jr., who was previously chief investment officer at...