internal
Andrew J. Teno
President and Chief Executive Officer
Executive
2 yr
5 reports
Leadership change Andrew J. Teno was promoted to President and CEO (from President) · 10-K Feb 2025
Icahn Enterprises L.P. ·IEP
Founder controls the partnership with an ultra‑lean executive team
Financials · Fortune #417 · Holding structure · 15K employees · Sunny Isles Beach, Florida
View as of:
3
CEO span
↓ tighter than peers (avg 12)
1.5
Avg span
tight
3
Max depth
3 levels
15.3 yr
Avg tenure
↑ 11.3yr from FY2024
67%
Internal hires
↑ above industry avg
Consolidated financials FY2025 · period end 2025-12-31 · 10-K
Revenue
$9.7B
Net income
$-299000000
Total assets
$14.2B
Shares out
637M
Sourced from Icahn Enterprises L.P. 10-K · filed 2026-02-26 ↗ View on SEC
Interactive org chart
Icahn Enterprises L.P. organizational chart
Explore the executive structure, reporting layers, and scenario-ready operating model from public filings.
Open editable chart
Take this model into your AI workspace Use AI to reason through the model, then bring the scenario back into Creately Atlas.
Choose a prompt, then open an AI app and paste.
Download the CSV data instead
Founder Carl Icahn controls Icahn Enterprises through majority ownership and an unusually lean executive structure. This page maps the holding‑company org chart, highlights leadership tenure, and compares its structure with other diversified financial firms.
What to model
Use the chart to test org decisions, not just view reporting lines
Start with the public baseline, then use the scenario views and source-backed changes to ask what happens when leadership, span, or team ownership shifts.
Latest signal Andrew J. Teno moved into President and Chief Executive Officer
Succeeded David Willetts as CEO effective February 21, 2024.
Source · See change logScenario views in the chart
- Add Chief AI Officer Introduce a Chief AI Officer reporting to the CEO to centralize analytics and AI across subsidiaries.
- Separate Chairman from executive role Remove the Chairman from executive reporting lines to further professionalize management.
Atlas work this supports
- Connect Workday or UKG Get these analytics for YOUR org — tenure, span of control, headcount, automatically from your HRIS.
- Connect Salesforce Map your target accounts like this. Import contacts, visualize decision chains, plan multi-threading.
- Plan a Reorg Use this as a starting point. Model scenarios, compare structures, present options to your board.
The people
Who's running this
4 executives identified as Named Executive Officers in the most recent SEC proxy. Bar length scales with tenure.
internal
Ted Papapostolou
Chief Financial Officer
Finance
4 yr
1 reports
Carl C. Icahn
Chairman of the Board
Board
40 yr
0 reports
Carl C. Icahn
Chief Executive Officer, Icahn Capital LP
Investments
40 yr
0 reports
The pay
Executive compensation
From the most recent DEF 14A Summary Compensation Table. 2 named executive officers disclosed. Bar length scales with total compensation.
Andrew Teno $2.7M
- Base salary
- $2.60M
- Other
- $59K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
Ted Papapostolou $2.4M
- Base salary
- $2.20M
- Other
- $178K
- Fiscal year
- FY2025
- Source
- SEC DEF 14A ↗
The skin in the game
Beneficial ownership
Insider stock holdings and the company's ownership requirements for executives and directors. Disclosed in the most recent DEF 14A.
| Holder | Shares | % of class |
|---|---|---|
| Carl C. Icahn | 549.40M | 86.2% |
The businesses
How Icahn Enterprises L.P. divides the work
3 divisions report into the group CEO. Tile size scales with estimated headcount.
Investment Management
500 employees
CEO, Icahn Capital LP (Carl C. Icahn)
Manages activist and proprietary investment strategies across public and private markets.
Finance & Accounting
150 employees
Chief Financial Officer (Ted Papapostolou)
Oversees financial reporting, capital structure, and liquidity management.
Corporate & Governance
50 employees
Chairman (Carl C. Icahn)
Handles partnership governance, board oversight, and strategic control.
The thesis
Why this org is unusual
Founder Carl Icahn maintains effective control while delegating day‑to‑day operations to a very small management team.
The org chart shows only three true operating executives reporting to the CEO, reflecting Icahn Enterprises’ role as a holding partnership rather than an operator. Decision‑making authority is highly centralized, with investment strategy anchored to Icahn Capital.
- Founder retains majority ownership and control
- Very small C-suite for a Fortune 500 company
The comparison
How Icahn Enterprises L.P. stacks up
Compared with diversified holding peers such as Brookfield or KKR, Icahn Enterprises operates with a dramatically thinner corporate layer. Most peers maintain dedicated CEOs and CFOs at the parent plus large platform leadership teams. Icahn Enterprises instead relies on control ownership and subsidiary autonomy, …
C-suite size
Reporting depth
Icahn Enterprises L.P.
3 levels
Brookfield Asset Management
5 levels
6 levels
6 levels
Apollo Global Management
6 levels
Avg C-suite tenure
Icahn Enterprises L.P.
15 yr
Brookfield Asset Management
8 yr
7 yr
9 yr
Apollo Global Management
8 yr
Has COO / Has CAIO
Icahn Enterprises L.P. — no COO — no CAIO
Brookfield Asset Management ✓ COO — no CAIO
Apollo Global Management ✓ COO — no CAIO
Current signals
What changed recently
The most significant recent change was Andrew Teno’s promotion to CEO in February 2024.
- promotedAndrew J. Teno President and Chief Executive Officer
Succeeded David Willetts as CEO effective February 21, 2024.
Source - departed
Leadership Timeline
Year-over-year executive structure based on SEC proxy and annual filings.
FY2025
10-K filed 2026-02-26
- CEO
- Andrew J. Teno
- CEO span
- 2
- C-suite
- 2
- Avg tenure
- 3 yr
Post‑transition year following CEO succession.
Named executive officers (2)
- Andrew J. Teno - President and CEO since 2024
- Ted Papapostolou - Chief Financial Officer since 2021
FY2024
10-K filed 2025-02-26
- CEO
- Andrew J. Teno
- CEO span
- 3
- C-suite
- 3
- Avg tenure
- 4 yr
CEO transition year.
Named executive officers (3)
- Andrew J. Teno - President and CEO since 2024
- Ted Papapostolou - Chief Financial Officer since 2021
- David Willetts - Former CEO since 2021
FY2023
10-K filed 2024-02-29
- CEO
- David Willetts
- CEO span
- 2
- C-suite
- 2
- Avg tenure
- 3 yr
Founder oversight with professional CEO.
Named executive officers (2)
- David Willetts - President and CEO since 2021
- Ted Papapostolou - Chief Financial Officer since 2021
Year-over-year changes
Leadership expanded temporarily during the CEO transition.
- CEO span: 2 → 3
- C-suite size: 2 → 3
- Avg tenure: 3 → 4 yr
- promoted Andrew J. Teno - President and CEO (was President) (10-K Feb 2025)
The board
Board of directors
3 directors. 2 of 3 independent (67%). Source: most recent DEF 14A.
Carl C. Icahn
Chair Inside
Chairman, Icahn Enterprises
Denise Barton
Independent
Former PwC Vice Chair
Nancy Dunlap
Independent
Investor
The board, organized
Board committees
1 standing committees. Audit and Compensation must be 100% independent under SEC rules; the rest vary.
Audit Committee
100% independent
- Denise Barton Chair
- Nancy Dunlap
Frequently Asked Questions
Who is the CEO of Icahn Enterprises?
Andrew J. Teno has served as President and Chief Executive Officer since February 21, 2024.
What type of organizational structure does Icahn Enterprises use?
Icahn Enterprises operates as a holding company with centralized control and autonomous subsidiaries.
How many direct reports does Icahn Enterprises's CEO have?
The CEO has three direct reports according to the current org structure.
How has Icahn Enterprises's leadership changed recently?
In February 2024, Andrew Teno was promoted to CEO, succeeding David Willetts.
Who reports directly to Icahn Enterprises's CEO?
The CFO, the Chairman, and the head of Icahn Capital report directly to the CEO.
Sources
- 10-K Filing, Feb 2025
- SEC EDGAR: Icahn Enterprises L.P. DEF 14A Proxy Statement
- SEC EDGAR: Icahn Enterprises L.P. 10-K Annual Report
Reference
Cite this page
If you reference this page in research, analysis, or news writing, use one of the formats below. Citation includes the SEC filing source where applicable.
APA 7th
Creately. (2026). Icahn Enterprises L.P. organizational structure. Creately. Retrieved , from https://creately.com/org-chart/fortune-500/icahn-enterprises/MLA 9th
"Icahn Enterprises L.P. Organizational Structure." Creately, April 1, 2026, https://creately.com/org-chart/fortune-500/icahn-enterprises/. Accessed .Chicago 17
Creately. "Icahn Enterprises L.P. Organizational Structure." Last modified April 1, 2026. https://creately.com/org-chart/fortune-500/icahn-enterprises/.Original SEC source View on SEC ↗
Icahn Enterprises L.P.. 10-K. Filed 2026-02-26. U.S. Securities and Exchange Commission. https://www.sec.gov/Archives/edgar/data/813762/000110465926019821/tmb-20251231x10k.htmPermanent URL: https://creately.com/org-chart/fortune-500/icahn-enterprises/ · last updated 2026-04-01