Carl Icahn speaking at Delivering Alpha in New York on September 13, 2016.
David A. Grogan | CNBC
Carl Icahn appointed former General Electric executive Aris Kekedjian to take charge of his namesake investment firm, Icahn Enterprises, the billionaire businessman told The Wall Street Journal in an interview published on Sunday.
Kekedjian, GE’s chief investment officer until 2019, will take over as chief executive officer and chief operating officer of Icahn Enterprises on Monday, Icahn said.
Keith Cozza, the company’s current CEO, and SungHwan Cho, the chief financial officer, are leaving, Icahn said. He said one reason for the departures is the transfer of the company from New York to Florida. The newspaper reported that Icahn Enterprises will appoint a new CFO on an unspecified date in the future.
Icahn Enterprises and Kekedjian did not immediately return requests for comment from CNBC.
Icahn Enterprises is a holding company with significant investments in energy, automobiles, real estate and other sectors.
The company is publicly traded and has a market capitalization of more than $ 13 billion. Icahn, 85, president of Icahn Enterprises, is expected to end up handing over the company’s leadership to his son, Brett.