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Icahn is expected to hire Kekedjian, former head of mergers and acquisitions at GE, to lead the company

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Aris Kekedjian

Photographer: Chris Goodney / Bloomberg

Billionaire activist investor Carl Icahn appealed to the formerGeneral Electric Co. executive Aris Kekedjian heads his eponymous investment company, according to people familiar with the matter.

The appointment of Kekedjian as Managing Director and Managing Director ofIcahn Enterprises LP could be announced as early as Monday, said the people, who asked not to be identified because the information was still private.

A representative from Icahn Enterprises declined to comment on the hiring, which was reported earlier by the Wall Street Journal.

Kekedjian, a 30-year GE veteran, led the conglomerate’s activities in Europe and the Middle East. He was Chief Investment Officer of GE until 2019. Since then, he has been a strategic advisor toRainmaker Worldwide Inc., whose technology can provide water in arid environments.

He replaces Keith Cozza, who has been CEO of Icahn Enterprises since 2014. Cozza, along with CFO SungHwan Cho, are leaving in part because neither have plans to follow the company’s move to the Miami area. , people said. Icahn Enterprises is still in the process of hiring a new chief financial officer, they said.

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