David Willetts
Mr. Teno will succeed David Willetts, who resigned as President and Chief Executive Officer of the Company and as a member of the Board, effective on the Effective Date.
Highest-materiality recent filing
Icahn Enterprises Q1 2026 net loss $459M ($0.71/unit); revenue $2.2B; declares $0.50 distribution
Revenue $2.2B (Q1 2025: $1.9B); net loss attributable to IEP $459M ($0.71/unit) vs loss $422M ($0.79/unit) YoY.
Q4 2025 net income $1M ($0/unit) vs net loss $98M ($0.19/unit loss) in Q4 2024.
Icahn Enterprises Q3 net income jumps to $287M from $22M; adjusted EBITDA $383M
Q3 2025 net income attributable to IEP was $287M ($0.49/unit) vs $22M ($0.05/unit) a year ago.
Icahn Enterprises Closes $500M Additional 10% Senior Secured Notes Offering
Issued additional $500M aggregate principal of 10.000% Senior Secured Notes due 2029, priced at 99.010% of face value.
Icahn Enterprises prices $500M add-on 10% secured notes due 2029 to redeem 2026 notes
Priced $500M additional 10.000% Senior Secured Notes due 2029; expected closing Aug. 19, 2025.
Icahn Q2 net loss narrows to $165M; revenue rises to $2.4B
Net loss attributable to IEP of $165M ($0.30/unit) vs loss $331M ($0.72/unit) in Q2 2024.
Q1 net loss $422M vs $38M loss YoY; revenue down to $1.9B from $2.5B
Net loss $422M ($0.79/unit) vs $38M loss ($0.09/unit) in Q1 2024.
Icahn Enterprises Q4 2024 net loss narrows to $98M; declares $0.50 distribution
Q4 2024 net loss attributable to IEP was $98M ($0.19 per unit), improved from $139M loss ($0.33 per unit) in Q4 2023.
$500M aggregate principal of 10.000% Senior Secured Notes due 2029 priced; closing expected Nov 20, 2024.
Icahn Enterprises Q3 net income $22M; cuts quarterly distribution to $0.50 from $1.00
Q3 2024 net income attributable to IEP of $22M ($0.05/unit) vs Q3 2023 net loss of $6M.
Icahn Enterprises enters into $400M at-the-market equity offering agreement with Jefferies
Up to $400M of depositary units may be sold from time to time at market prices.
Icahn Enterprises and Carl Icahn settle SEC probe on margin loan disclosure; pay $2M in penalties
IEP and Carl Icahn entered SEC settlements on Aug 19, 2024, over failure to disclose pledged securities as margin loan collateral.
Icahn Enterprises L.P. Reports Q2 2024 Net Loss of $331M and Declares $1.00 Distribution
Second quarter 2024 net loss attributable to IEP was $331 million, compared to a loss of $269 million in Q2 2023.
Amendment No. 1 to Carl Icahn's personal loan extends maturity to July 9, 2027 and requires $453M principal payment.
Icahn Enterprises closes $750M 9% senior notes offering; proceeds to redeem 2025 notes
Issued $750M aggregate principal of 9.000% Senior Notes due 2030 at par.
Icahn Enterprises upsizes note offering to $750M at 9.000%, due 2030; proceeds to redeem 2025 notes
Offering upsized by $250M from previously announced $500M to $750M aggregate principal.
Icahn Enterprises Q1 net loss narrows to $38M from $270M; adjusted EBITDA rises to $134M
Net loss attributable to IEP improved to $38M ($0.09/unit) from $270M ($0.75/unit) in prior-year quarter.
Icahn Enterprises Q4 2023 net loss narrows to $139M; Adj EBITDA turns positive at $9M
Q4 net loss attributable to IEP $139M ($0.33/unit) vs $255M loss ($0.74/unit) in Q4 2022.
Icahn Enterprises appoints Andrew Teno as CEO; NAV $4.76B, distribution $1.00
Andrew Teno, Icahn Capital portfolio manager, named President & CEO effective Feb 21, 2024; replaces David Willetts.
Mr. Teno will succeed David Willetts, who resigned as President and Chief Executive Officer of the Company and as a member of the Board, effective on the Effective Date.
On February 21, 2024, the Company announced the appointment of Andrew J. Teno as President and Chief Executive Officer of the Company and of Icahn Enterprises G.P. Inc. (“Icahn Enterprises GP”), the general partner of the Company and Icahn Enterprises Holdings L.P., effective as of February 21, 2024 (the “Effective Date”).
Max materiality 0.85 · Median 0.57 · Most common event debt