Carl Icahn has named the former General Electric executive, Aris Kekedjian, to take the helm at his namesake investment firm, according to The Wall Street Journal.
Carl Icahn has named former General Electric executive Aris Kekedjian to take the helm at his namesake investment firm, Icahn Enterprises, the billionaire businessman told The Wall Street Journal in an interview published on Sunday.
Icahn Enterprises is a holding company with significant investments in energy, autos, real estate and other sectors. The company is publicly traded and has a market cap of more than $13 billion.
Icahn said that Kekedjian, the chief investment officer at GE until 2019, will take over as chief executive and chief operating officer of Icahn Enterprises on Monday.
He added that Keith Cozza, the firm’s current CEO, and SungHwan Cho, the chief financial officer, are leaving with a key reason being the company’s relocation to Florida from New York.
The Wall Street Journal also reported that Icahn Enterprises will name a new CFO at an unspecified date in the future.