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Icahn Enterprises CEO Keith Cozza leaves after 7 years in the role, to be succeeded by former GE CIO

Tomi Kilgore
·1 min read
Icahn Enterprises CEO Keith Cozza leaves after 7 years in the role, to be succeeded by former GE CIO
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Billionaire investor Carl Icahn's namesake holding company Icahn Enterprises L.P. said Chief Executive Keith Cozza was leaving after running the company for the past seven years, saying he was pursuing other opportunities as he was "unable to move Florida." Chief Financial Officer SungHwan Cho was also leaving, after nine years as CFO, for similar reasons. Icahn also announced, "in connection with the continuing consolidation of all operations into the Florida office," the hiring of Aris Kekedjian as its new CEO. Kekedjian was formerly General Electric Co.'s chief investment officer. The Wall Street Journal had reported over the weekend that Kekedjian would be named CEO. Separately, Icahn said short positions in index funds were "significantly reduced" at the beginning of the year. Icahn Enterprises' stock, which rose 1.0% in premarket trading, has advanced 21.5% over the past 12 months through Thursday, while the S&P 500 has rallied 61.5%.