Icahn Enterprises L.P., activist investor Carl Icahn's publicly traded investment vehicle, said on Thursday that Keith Cozza will take over as president and chief executive officer, replacing Daniel Ninivaggi.Cozza, currently a director of Icahn Enterprises, was appointed to the roles effective Wednesday. Ninivaggi will become the co-chief executive of Federal-Mogul Corp., a subsidiary of Icahn Enterprises.Icahn was not immediately available for comment.Cozza has been with Icahn Enterprises for 10 years, and was recently chief operating officer of Icahn Capital LP, the subsidiary of the firm through which Icahn manages investment funds.
Federal-Mogul Corporation is a global supplier of technology and innovation in vehicle and industrial products for fuel economy, emissions reduction and safety systems. Shares of FDML traded higher by 2.21% or $0.35/share to $16.17. In the past year, the shares have traded as low as $4.80 and as high as $23.62. On average, 265053 shares of FDML exchange hands on a given day and today's volume is recorded at 5545.
Icahn Enterprises L.P. (Icahn Enterprises) is a diversified holding company. Shares of IEP traded higher by 1.29% or $1.33/share to $104.45. In the past year, the shares have traded as low as $54.00 and as high as $149.77. On average, 424306 shares of IEP exchange hands on a given day and today's volume is recorded at 7949.
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