Icahn Enterprises CEO to become head of Pep Boys

Icahn Enterprises L.P. said Wednesday that its current chief executive, David Willetts, will become CEO of Pep Boys, the automotive aftermarket service chain that it acquired in 2016. Willetts will be replaced at billionaire activist investor Carl Icahn’s investment arm by Andrew Teno, who is currently an Icahn Capital portfolio manager.“We believe David’s skill set is particularly suited to work on a day-to-day basis to drive the significant value creation potential in Pep Boy