Business
Icahn Enterprises L.P. Announces Management Changes
David Willetts Named Chief Executive Officer Ted Papapostolou Named Chief Financial Officer SUNNY ISLES BEACH, Fla., Nov. 8, 2021 /PRNewswire/ -- Icahn
About this update from Icahn Enterprises L.p.
[{"type":"text","content":"David Willetts Named Chief Executive Officer\n Ted Papapostolou Named Chief Financial Officer\n\n\nSUNNY ISLES BEACH, Fla., Nov. 8, 2021 /PRNewswire/ -- Icahn Enterprises L.P. (NASDAQ: IEP) today announced the promotion of David Willetts, our Chief Financial Officer, to President and Chief Executive Officer, effective immediately.\nMr. Willetts has served as Chief Financial Officer and a member of the board of directors of Icahn Enterprises since June 2021. Prior to joining Icahn Enterprises, Mr. Willetts served as a Managing Director at AlixPartners, a global consulting firm which specializes in improving corporate financial and operational performance and executing corporate turnarounds, a position he held since 2012. \nTed Papapostolou, who has served as Chief Accounting Officer of Icahn Enterprises since March 2020 and as its Secretary since April 2020, has been appointed to Chief Financial Officer, succeeding Mr. Willetts in that role. Mr. Papapostolou has been with Icahn Enterprises since 2007. \nIn connection with the promotion of Mr. Willetts and Mr. Papapostolou, Icahn Enterprises also announced the resignation of Aris Kekedjian as President and Chief Executive Officer and as a member of the board of directors. Mr. Kekedjian has resigned due to certain personal family issues that make it impossible for him to continue his permanent relocation in Florida. We wish him well. Mr. Kekedjian's resignation was not the result of any disagreement with Icahn Enterprises. Mr. Kekedjian stated: \"I appreciate my experience at Icahn Enterprises and wish everyone at the firm much success.\"\nAbout Icahn Enterprises L.P.\nIcahn 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.\nCaution Concerning Forward-Looking Statements\nThis release contains or may be deemed to contain certain \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by words such as \"expects,\" \"anticipates,\" \"intends,\" \"plans,\" \"believes,\" \"seeks,\" \"estimates,\" \"will\" or words of similar meaning and include, but are not limited to, statements about the expected future business and financia...