Carl Icahn names former GE executive Kekedjian to lead Icahn Enterprises, WSJ reports

Carl Icahn speaking at Handing over Alpha in Contemporary York on Sept. 13, 2016.

David A. Grogan | CNBC

Carl Icahn has named worn Overall Electrical government Aris Kekedjian to remove the helm at his namesake funding agency, Icahn Enterprises, the billionaire businessman in actual fact helpful The Wall Avenue Journal in an interview printed on Sunday.

Kekedjian, the chief funding officer at GE till 2019, will remove over as chief government and chief working officer of Icahn Enterprises on Monday, Icahn stated.

Keith Cozza, the agency’s fresh CEO, and SungHwan Cho, the chief monetary officer, are departing, Icahn stated. He stated that one cause at the again of the departures is the agency’s relocation to Florida from Contemporary York. The newspaper reported that Icahn Enterprises will title a brand new CFO at an unspecified date in the raze.

Icahn Enterprises and Kekedjian did no longer straight away return requests for commentary from CNBC.

Icahn Enterprises is a retaining company with vital investments in power, autos, precise property and other sectors.

The company is publicly traded and has a market cap of more than $13 billion. Icahn, 85, the chairman of Icahn Enterprises, is anticipated to at final turn leadership of the company over to his son, Brett.