SUNNY 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.
Mr. 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.
Ted 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.
In 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."
About Icahn Enterprises L.P.
Icahn 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.
Caution Concerning Forward-Looking Statements
This 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 financial performance of Icahn Enterprises L.P. and its
subsidiaries. Actual events, results and outcomes may differ
materially from our expectations due to a variety of known and
unknown risks, uncertainties and other factors, including risks and
uncertainties detailed from time to time in our filings with the
Securities and Exchange Commission. There can be no assurance that
any forward-looking information will result or be achieved. We
undertake no obligation to publicly update or review any
forward-looking information, whether as a result of new
information, future developments or otherwise.
Investor Contact:
David
Willetts, Chief Executive Officer
(305) 422-4100
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SOURCE Icahn Enterprises L.P.