Carl Icahn’s a pretty good judge of character. Of men, as they said in his day. Sure, there was that one time, with that Ackman guy, but even that turned out alright in the end.
Now, Carl Icahn’s a pretty busy guy. He’s also, as we may have mentioned once or twice before, 78 years old. No matter: It would be criminal for him to deny his gift for finding the right man for the job to the companies of the world, or at least the companies of his portfolio. And so he does not. And while some may have some trepidation about going to work for a company in which Icahn owns even a single share, those who take the leap assure you he’s a grandfatherly teddy bear.
“The CEO is, by far, the most important decision for a company,” Mr. Icahn said. “The company is going to rise and fall with the CEO….”
Mr. Icahn said he assures potential executives he will give them space to do their job. “We do not, and they can check with all the other CEOs, micromanage,” he said. The chief executives at Hologic Inc. and Chesapeake, who both spoke with Mr. Icahn before accepting their jobs last year, said he is supportive.
Activist Investors Turn CEO Headhunters [WSJ]
For Some CEO Candidates the Interviewer Is Carl Icahn [WSJ MoneyBeat blog]