Carl Icahn to name former GE exec as CEO of his company

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Icahn sells more than half of his stake in Herbalife


After forcing companies to make countless CEO changes in his career, Carl Icahn is about to make one of his own.

The activist investor said he is hiring a former General Electric Co.
GE,
+1.14%

executive to be CEO of his firm, which houses both his investment fund and a collection of companies he controls.



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