Jack Wasserman - Icahn Enterprises Independent Director of Icahn Enterprises GP

IEP Stock  USD 17.26  0.05  0.29%   

Director

Mr. Jack G. Wasserman is an Independent Director of Icahn Enterprises GP, the General Partner of Icahn Enterprises LP. He has served as a director of Icahn Enterprises general partner, Icahn Enterprises GP, since December 1993 and is the chairman of our audit committee. Mr. Wasserman was a director of Cadus Corporationrationration, a company engaged in the acquisition of real estate for renovation or construction and resale, a company controlled by Mr. Icahn, since December 1998. Mr. Wasserman has served Icahn Enterprises subsidiaries as a director of IEH Auto Parts LLC since June 2015 and as a director and member of the audit committee of Trump Entertainment Resorts, Inc. since February 2016. Mr. Wasserman was engaged in the practice of law as a sole practitioner, since September 2001. Mr. Wasserman previously served as a director of Wendy, a franchisor of the Wendy restaurant system, as the chairman of the ERISA committee of Wendys and as a member of the audit and compensation committees of Wendy, from March 2004 to June 2015 a director and chairman of the audit committee of American Entertainment Properties Corporationration a subsidiary of Icahn Enterprises, from December 2003 to March 2013 and a senior partner of Wasserman, Schneider, Babb Reed, a New Yorkbased law firm, and its predecessors, from 1966 until 2001. He is a current and past director of numerous notforprofit organizations since 1993.
Age 81
Tenure 31 years
Address 16690 Collins Avenue, Sunny Isles Beach, FL, United States, 33160
Phone305 422 4100
Webhttps://www.ielp.com
Wasserman is an attorney and a member of the Bars of New York, Florida and the District of Columbia.

Icahn Enterprises Management Efficiency

As of 04/16/2024, Return On Capital Employed is likely to grow to 0.1, though Return On Tangible Assets are likely to grow to (0.03). As of 04/16/2024, Liabilities And Stockholders Equity is likely to drop to about 12.9 B. In addition to that, Non Current Liabilities Total is likely to drop to about 9.7 BIcahn Enterprises' management efficiency ratios could be used to measure how well Icahn Enterprises manages its routine affairs as well as how well it operates its assets and liabilities.
The company has 11.21 B in debt with debt to equity (D/E) ratio of 0.77, which is OK given its current industry classification. Icahn Enterprises has a current ratio of 1.69, which is typical for the industry and considered as normal. Debt can assist Icahn Enterprises until it has trouble settling it off, either with new capital or with free cash flow. So, Icahn Enterprises' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Icahn Enterprises sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Icahn to invest in growth at high rates of return. When we think about Icahn Enterprises' use of debt, we should always consider it together with cash and equity.

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Icahn Enterprises L.P., through its subsidiaries, operates in investment, energy, automotive, food packaging, real estate, home fashion, and pharma businesses in the United States and Internationally. The company was incorporated in 1987 and is headquartered in Sunny Isles Beach, Florida. Icahn Enterprises operates under Conglomerates classification in the United States and is traded on NASDAQ Exchange. It employs 19536 people. Icahn Enterprises LP (IEP) is traded on NASDAQ Exchange in USA. It is located in 16690 Collins Avenue, Sunny Isles Beach, FL, United States, 33160 and employs 15,038 people. Icahn Enterprises is listed under Industrial Conglomerates category by Fama And French industry classification.

Management Performance

Icahn Enterprises Leadership Team

Elected by the shareholders, the Icahn Enterprises' board of directors comprises two types of representatives: Icahn Enterprises inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Icahn. The board's role is to monitor Icahn Enterprises' management team and ensure that shareholders' interests are well served. Icahn Enterprises' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Icahn Enterprises' outside directors are responsible for providing unbiased perspectives on the board's policies.
Keith Cozza, CEO of Icahn Enterprises G.P. Inc. and President of Icahn Enterprises G.P. Inc. and Director of of Icahn Enterprises G.P. Inc.
Michael Nevin, Director
Ted Papapostolou, Director CFO
Angel Montalvo, Investor Contact
Robert Flint, Chief Officer
James Nelson, Independent Director of Icahn Enterprises GP
Alvin Krongard, Director of Icahn Enterprises GP
Peter Reck, Chief Accounting Officer of Icahn Enterprises GP Inc and Secretary of Icahn Enterprises GP Inc
Jesse Lynn, General Counsel
Daniel Ninivaggi, Director of Icahn Enterprises GP
Sung Cho, CFO, Director of Icahn Enterprises GP
SungHwan Cho, CFO of Icahn Enterprises G.P. Inc. and Director of Icahn Enterprises G.P. Inc.
David Willetts, CEO President
Hunter Gary, Managing Director
Andrew Langham, G Counsel
Andrew Teno, Chief Officer
William Leidesdorf, Independent Director of Icahn Enterprises GP
Jack Wasserman, Independent Director of Icahn Enterprises GP
Carl Icahn, Chairman of the Board of Icahn Enterprises GP

Icahn Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Icahn Enterprises a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Icahn Enterprises is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Icahn Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Icahn Enterprises Lp Stock. Highlighted below are key reports to facilitate an investment decision about Icahn Enterprises Lp Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Icahn Enterprises LP. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Icahn Enterprises information on this page should be used as a complementary analysis to other Icahn Enterprises' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running Icahn Enterprises' price analysis, check to measure Icahn Enterprises' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Icahn Enterprises is operating at the current time. Most of Icahn Enterprises' value examination focuses on studying past and present price action to predict the probability of Icahn Enterprises' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Icahn Enterprises' price. Additionally, you may evaluate how the addition of Icahn Enterprises to your portfolios can decrease your overall portfolio volatility.
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Is Icahn Enterprises' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Icahn Enterprises. If investors know Icahn will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Icahn Enterprises listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.631
Dividend Share
6
Earnings Share
(1.75)
Revenue Per Share
28.359
Quarterly Revenue Growth
(0.14)
The market value of Icahn Enterprises is measured differently than its book value, which is the value of Icahn that is recorded on the company's balance sheet. Investors also form their own opinion of Icahn Enterprises' value that differs from its market value or its book value, called intrinsic value, which is Icahn Enterprises' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Icahn Enterprises' market value can be influenced by many factors that don't directly affect Icahn Enterprises' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Icahn Enterprises' value and its price as these two are different measures arrived at by different means. Investors typically determine if Icahn Enterprises is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Icahn Enterprises' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.