Alex Denner, senior managing director (MD) of Icahn Enterprises, is planning to step down from his position, Bloomberg reports. He will resign to launch his own hedge fund (HF). The firm, to be set up by the end of the year, may receive investment from the New York–based diversified holding company’s founder Carl Icahn. Denner joined the firm in 2006 and has helped shuffle management teams, push for sales or drive restructuring of at least six drug companies.
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