Icahn Enterprises LP Appoints Keith Cozza As New CEO

Carl IcahnImage source: CNBC Video Screenshot

Icahn Enterprises LP (NASDAQ:IEP), the master limited, diversified holding company controlled by activist investor Carl Icahn, announced the appointment of Keith Cozza as president and CEO.

Cozza’s career in Icahn Enterprises

According to the company, Cozza started assuming his position as president and CEO yesterday. He has been working for Icahn Enterprises LP (NASDAQ:IEP) and its affiliates for more than ten years now. He previously served as executive vice president of Icahn Enterprises G.P. Inc., the general partner of Icahn Enterprises, Chief Operating Officer of Icahn Capital LP, and CFO of Icahn Associates Holding LLC.

Cozza is a director of Herbalife Ltd (NYSE:HLF), the controversial multi-level marketing company that sells nutritional and weight loss products, where Icahn has a huge long position. He is also a director of CVR Refining  LP (NYSE:CVRR) and XO Holdings.

He was a senior assurance associate at Grant Thornton LLP before joining Icahn Enterprises (NASDAQ:IEP). He previously served as director of MGM Holdings Inc (OTCMKTS:MGMB), an entertainment company engaged in producing and distributing film and television content.

Ninivaggi moves to Federal-Mogul

Cozza replaced Daniel A. Ninivaggi, who was named co-chief executive officer of Federal-Mogul Corp (NASDAQ:FDML), a global supplier of products and services, vehicles and equipment for manufacturers in the automotive, light, medium, and heavy duty commercial, marine, rail, aerospace, power generation and industrial markets. Federal-Mogul is a subsidiary of Icahn Enterprises LP (NASDAQ:IEP). Ninivaggi will continue to serve as director of Icahn Enterprises G.P. Inc

Icahn’s statement

“I am pleased to welcome Dan and Keith to their new roles. Keith has been an invaluable member of our team and his promotion is well deserved. Dan has done an excellent job as our president and CEO over the past four years and I am confident that he will make future contributions in his new role,” said Icahn, chairman of Icahn Enterprises L.P. (NASDAQ:IEP).

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About the Author

Marie Cabural
Marie received her Bachelors Degree in Mass Communication from New Era University. She is a former news writer and program producer for Nation Broadcasting Corporation (NBC-DZAR 1026), a nationwide AM radio station. She was also involved in events management. Marie was also a former Young Ambassador of Goodwill during the 26th Ship for Southeast Asian Youth Program (SSEAYP). She loves to read, travel and take photographs. She considers gardening a therapy.