Carl Icahn speaking at Delivering Alpha in New York on September 13, 2016.
David A. Grogan | CNBC
Carl Icahn has called on former General Electric executive Aris Kekedjian to take over leadership of his namesake investment firm, Icahn Enterprises, the billionaire businessman told The Wall Street Journal in an interview published Sunday.
Kekedjian, GE’s chief investment officer until 2019, will take over as executive director and general manager of Icahn Enterprises on Monday, Icahn said.
Keith Cozza, the company’s current CEO, and SungHwan Cho, chief financial officer, are leaving, Icahn said. He said one of the reasons for leaving was to move the company to Florida from New York. The newspaper reported that Icahn Enterprises will appoint a new chief financial officer at an unspecified date in the future.
Icahn Enterprises and Kekedjian did not immediately return comments to CNBC.
Icahn Enterprises is a holding company with significant investments in energy, cars, real estate and other sectors.
The company is publicly traded and has a market cap of over $ 13 billion. Icahn, 85, president of Icahn Enterprises, is expected to finally hand over the management of the company to his son, Brett.