Icahn Enterprises welcomes Aris Kekedjian to its Board of Directors as CEO along operations consolidation into Florida office

– USA, NY –  Icahn Enterprises L.P. (NASDAQ: IEP) today announced the appointment of Aris Kekedjian, former Chief Investment Officer at GE, to its Board of Directors as President and CEO succeeding Keith Cozza. The company also announced the departure of its CFO, SungHwan Cho.

The appointment and departures continued the consolidation of all Icahn Enterprises’ operations into its Florida office, as Cozza and Cho both indicated that they were unable to move to Florida.

“I’m excited to welcome Aris to Icahn Enterprises. His vast global experience and proven track record will complement our already strong team. I’d also like to thank Keith and Sung for their significant contributions to the incredible success enjoyed by Icahn Enterprises and our unitholders during their long tenure. I don’t believe we could have had the success we did without Keith and Sung. I wish them both good luck in their future endeavors.” said Board Chairman, Chairman, Carl Icahn. 

About Aris Kekedjian

Aris Kekedjian has an outstanding track record in both the capital markets and in business development. His three-decade career at GE includes extensive experience building and operating international platforms across Europe and the Middle East, as well as an extensive M&A track record. These include the $30 billion merger of GE Oil & Gas and Baker Hughes, the $15 billion merger of GE Transportation with Wabtec, the IPO and split-off of Synchrony Financial, and the break-up of GE Capital, one of the most comprehensive restructurings in the financial services industry. Mr. Kekedjian has closed multi-billion-dollar transactions in the water technology, distributed power, industrial automation industries, and several acquisitions in high-growth emerging categories, including landmark deals in renewable energy and industrial-scale 3D printing.

Aris Kekedjian stated: “The incredible reputation, achievements, and performance history of Carl Icahn and Icahn Enterprises speak for themselves. I am humbled to be joining such a storied franchise and look forward to helping to further the mission of delivering superior returns.”

About Icahn Enterprises L.P.

Icahn Enterprises L.P., a master limited partnership, is a diversified holding company engaged in eight primary business segments: Investment, Energy, Automotive, Food Packaging, Metals, Real Estate, Home Fashion, and Pharma.

For more information : https://www.ielp.com/

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