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The Wall Street Journal: Carl Icahn to name former GE exec as CEO of his company

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After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own.

The activist investor said he is hiring a former General Electric Co.
GE,
+1.14%

executive to be CEO of his firm, which houses both his investment fund and a collection of companies he controls.

Aris Kekedjian, a 30-year GE veteran who was the industrial conglomerate’s chief investment officer until 2019, is to be named Icahn Enterprises LP’s
IEP,
+2.48%

chief executive and chief operating officer Monday, Icahn said in an interview.

Two longtime Icahn lieutenants — current CEO Keith Cozza and Chief Financial Officer SungHwan Cho — are leaving the firm. Icahn, who hired them in 2004 and 2006, respectively, praised their contributions and said they are leaving on excellent terms. A factor in the decision was that neither planned to relocate to the Miami area, where Icahn and his firm recently moved.

An expanded version of this report appears on WSJ.com.

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