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Carl Icahn
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| Carl Icahn | |
 | |
| Basic facts | |
| Organization: | Icahn Enterprises |
| Role: | Chairman |
| Location: | New York, New York |
| Website: | Official website |
Carl Icahn is the founder, chairman, and majority shareholder of Icahn Enterprises and the CEO of its subsidiary, Icahn Capital.[1][2]
Icahn served as a special adviser to President Trump on regulatory reform until August 18, 2017. He resigned his position in a letter to Trump, stating one of his reasons for doing so as "because I did not want partisan bickering about my role to in any way cloud your administration."[3]
Career
Education
Icahn graduated from Princeton University in 1957 with a bachelor's degree in philosophy. He attended medical school at the New York University School of Medicine, but eventually dropped out and joined the Army Reserve.[4]
Investing career
In 1961, Icahn became a broker at Dreyfus & Co. In 1968 he bought a seat on the New York Stock Exchange and began Icahn & Co., a securities firm.
| Possible Trump appointee (first term) |
|---|
|
| During the 2016 presidential transition of power, Icahn was reported to be in consideration for a high-level appointment in Donald Trump's (R) first term. |
Full list of possible appointees |
See also: Donald Trump's Cabinet, 2025 |
Throughout the 1980s, Icahn specialized in acquiring and selling companies. Some of the companies he acquired include Tappan, which he sold to Electrolux, the American Car & Foundry Company, and Trans World Airlines. Through 2016, Icahn still owned large shares in major coporations such as XO Communications and Tropicana Entertainment.[4]
Icahn filed articles of incorporation for Icahn Enterprises in 1987. A holding company, Icahn enterprises operates in a variety of business segments including automotive, energy, metals, railcar, gaming, food packaging, mining, real estate and home fashion.[5]
Along with being founder and chairman of Icahn Enterprises, Icahn is also the CEO of Icahn Capital, a subsidiary of Icahn Enterprises. In his capacity as CEO, Icahn has focused primarily on private investment funds since 2007.[6]
2016 presidential election
Icahn endorsed Donald Trump during the 2016 presidential election, saying, "If you look ahead four years or three years even, if Trump gets elected this economy will be a lot better of than if Hillary is elected."[7]
During the period of transition between the Obama and Trump administrations, Icahn was reported to be in consideration for a high-level appointment in the Trump administration. CNN reported that Icahn was being considered for treasury secretary[8]
On November 13, 2016, Icahn told CNN that he had no interest in serving in the Trump administration.[8]
Recent news
The link below is to the most recent stories in a Google news search for the terms 'Carl Icahn'. These results are automatically generated from Google. Ballotpedia does not curate or endorse these articles.
See also
- Donald Trump potential high-level administration appointments
- Donald Trump presidential campaign, 2016
External links
Footnotes
- ↑ Forbes, "Carl Icahn," accessed November 28, 2016
- ↑ Icahn Enterprises, "Insider ownership," accessed November 28, 2016
- ↑ CNN Money, "Billionaire Carl Icahn steps down as adviser to President Trump," August 18, 2017
- ↑ 4.0 4.1 Biography, "Carl C. Icahn," accessed November 28, 2016
- ↑ Reuters, "Profile:Icahn Enterprises LP (IEP.O)," accessed November 2016
- ↑ Icahn Enterprises, "Board of Directors," accessed November 28, 2016
- ↑ CNBC, "Carl Icahn: Here's why I'm supporting Trump for president," accessed November 28, 2016
- ↑ 8.0 8.1 CNN, "Who could be in Trump's Cabinet?" accessed November 28, 2016
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