SANDRIDGE ENERGY, INC. ANNOUNCES APPOINTMENT OF BRETT ICAHN TO THE BOARD OF DIRECTORS
SandRidge Energy, Inc. logo. (PRNewsFoto/SandRidge Energy, Inc.)
Brett Icahn (age 45) is a respected American investor and portfolio manager, currently serving as a member of the board of Icahn Enterprises L.P. and a Portfolio Manager at Icahn Capital LP, a subsidiary of Icahn Enterprises. Icahn Enterprises is a diversified holding company engaged in a wide range of sectors, including investment, automotive, energy, food packaging, metals, real estate, and home fashion. Since October 2020, Mr. Icahn has played a leading role in managing the investment strategy for Icahn Capital. Prior to that, from 2017 to 2020, he served as a consultant to Icahn Enterprises, where he provided exclusive investment advice to Carl C. Icahn, focusing on capital allocation across the firm's operating subsidiaries and investment portfolio.
In addition to the board of Icahn Enterprises L.P., Mr. Icahn currently serves on the board of Bausch Health Companies Inc. (since March 2021), and on the board of Bausch + Lomb Corporation (since June 2022). In the last five years, Mr. Icahn has previously served on the boards of Dana Inc. and Newell Brands Inc. Prior to then, Mr. Icahn has previously served on the boards of American Railcar Industries, Inc., Cadus Corporation, Nuance Communications, Inc., Take-Two Interactive Software Inc., The Hain Celestial Group, Inc., and Voltari Corporation (previously known as Motricity Inc.).
Known for his analytical rigor and long-term investment perspective, Brett Icahn has played a key role in numerous high-profile investment decisions and activist campaigns. His career reflects a deep commitment to shareholder value and responsible corporate governance.
Mr. Vince Intrieri, Chairman of the Board of SandRidge commented, "We are so pleased to welcome Brett Icahn to our Board of Directors. His appointment reflects the strong commitment of our major shareholders to the long-term success of our company. We look forward to benefiting from his insight and experience as we continue to execute our strategy and create value for all stakeholders."
Mr. Brett Icahn commented, "I am very pleased to be joining the Board and excited to work alongside such a talented leadership team. I look forward to contributing meaningfully to the Company's continued growth and success, and to representing the interests of all shareholders as we pursue long-term value creation."
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
‘No doubt Americans are paying the tariffs': Rising wholesale inflation is a warning sign
The economic forecast is getting bleaker by the month. In July, wholesale inflation rose at the fastest monthly pace since June 2022. The producer price index jumped 0.9% from June to July – more than four times what economists expected. These are all signs that domestic producers, manufacturers, and business owners are beginning to feel the effect of Donald Trump's tariffs – and consumers may start feeling it soon too. 'There is no doubt Americans are paying the tariffs at this point,�� Solve the daily Crossword
Yahoo
35 minutes ago
- Yahoo
Coach Outlet is selling a fall-ready shoulder bag that 'will hold everything you need' — it's usually $670 but it's on sale for $319 right now
"This bag is everything you could ever imagine!" — plus 7 other really good Coach Outlet deals to shop. If you've been waiting for the right moment to splurge on a designer bag, now might be the time. Coach Outlet has some pretty stellar deals right now, including 52 per cent off the gorgeous Laurel Large Shoulder Bag. Quick shop: Originally $670, the Laurel Large Shoulder Bag With Mirror Charm And Pouch is now on sale for $319, which makes it a total steal if you've been eyeing something versatile and elevated. It's a classic piece that works for everyday use yet still feels polished enough to elevate an outfit. And if the Laurel isn't quite your style, don't worry — there are tons of other discounted picks to check out, from crossbody bags and totes to wallets and other accessories. Whether you're treating yourself or looking for a gift, the sale section at Coach Outlet is jam-packed with finds that are functional, stylish and surprisingly affordable. The details The durable pebbled leather gives the Laurel Large Shoulder Bag a polished look that will remain intact over time, while the silver hardware adds a bit of shine without looking too fancy. It's roomy enough for all your daily essentials without being bulky, while the structured shape keeps it looking pulled together. The inside features a zip pocket and a multifunction pocket to help keep your belongings organized, and the magnetic snap closure makes it easy to grab what you need without fumbling. It also comes with two detachable options: an 8.5-inch drop handle for shoulder wear and a 22-inch strap so you can switch it up and wear it as a crossbody bag when you're on the go. The Laurel Large Shoulder Bag comes in 10 colours, so you've got plenty of options, whatever your style may be. What reviewers are saying 👜 190+ reviews ⭐ 4.9/5 stars 🏅"This bag is everything you could ever imagine! It literally will hold everything you need!" The Laurel Large Shoulder Bag has 92 per cent of shoppers giving it a five-star rating. One person said it's the "perfect size" and boasts the "perfect drop level." "The pebbled leather is durable and can withstand drink and snack spills that come with being a busy mom," wrote another. They also said, "I love the shoulder strap, it fits perfectly and allows the top of the bag to slouch a bit." A third person raved about it being "a very spacious bag that holds a lot of items." "After a week of carrying it the leather has softened and 'moulded' to my liking," they continued. Someone else deemed it a "great everyday work bag." However, one person did point out that "the long shoulder strap keeps coming undone from the side clip." Another echoed that, stating, "Both of the straps have unhooked as I was carrying the purse." The verdict If you're looking for a stylish, very roomy bag for everyday use, the Laurel Large Shoulder Bag is a great fit. It's chic, functional and versatile, with removable straps that allow you to use it as both a shoulder and crossbody bag. That being said, if you tend to be a little tougher on your bags, this one might not be the best match — the straps can come undone if you're not careful, so it's something to keep in mind. And if this one is a little too large for you, the original (and slightly smaller) version is also on sale for 45 per cent off right now. 7 other really good deals to shop from Coach Outlet
Yahoo
37 minutes ago
- Yahoo
Gold prices risk 'blow-off top' like 2011
Gold prices risk 'blow-off top' like 2011 originally appeared on TheStreet. Carley Garner is a long-time futures trader who has seen a thing or two over a career that has lasted over 20 years, including gold market rallies and sell-offs. The massive rally in gold stocks this year to north of $3,357 per ounce has caught her attention, and not in a good way. Invest in Gold Thor Metals Group: Best Overall Gold IRA Priority Gold: Up to $15k in Free Silver + Zero Account Fees on Qualifying Purchase American Hartford Gold: #1 Precious Metals Dealer in the Nation Gold prices are up over 28% year-to-date in 2025, and the size and speed of the move (and the reasons behind it) remind her of a similar rally 14 years ago in 2011. Back then, the outcome for gold bugs wasn't fun. "The 2011 top was met with a 45% haircut that took nearly a decade to recover," according to Garner. Why gold rallied so much this year Gold has enjoyed a perfect storm this year as macro crosscurrents hamstring the Fed's monetary policy, GDP slips, and the U.S. debt outlook worsens. Unemployment has risen to 4.2% from 3.4% in 2023, CPI inflation of 2.7% is stubbornly above the Fed's 2% inflation target, the World Bank says GDP is expected to fall to 1.4% from 2.8% last year, and debt experts say the One Big, Beautiful Bill Act passed this year will add $3.4 trillion to the U.S. debt by risks have hammered the US Dollar, causing the Dollar Index to tumble 10% in 2025. Since gold is priced in USD, the Dollar's struggles have made it more attractive to overseas buyers eager to diversify their holdings away from U.S. Treasuries in protest of President Donald Trump's tariff policy. The significant uncertainty has also made antsy investors far more interested in gold than Treasuries as a safe haven. "Safe haven dollars can purchase gold, an asset that doesn't produce income, at an all-time high without a risk parachute, or they can buy Treasuries at multi-decade lows with a yield of 4% to 5% to cushion downside price risk," said Garner in a TheStreet Pro post. "Ironically, the masses select the former and pass on the latter." Many are indeed giving up on Treasuries' relatively juicy yields, fearing the worst. That may not be the best move, though, for newer gold bugs, given that gold has already rocketed to all-time highs this summer. Gold's rally echoes the past Troubling times always increase interest in gold, and this isn't the first time that gold has put on a show. In 2011, gold similarly rallied sharply to all-time highs amid uncertainty around major banks and the economy, and aftershocks following the Great Recession, which was still fresh on investors' the S&P cut the U.S. debt rating for the first time in history in August 2011 because of the growing deficit, prompting a massive 5.5% drop in the S&P 500 on Aug. 8. The situation was so bad that Warren Buffett famously back-stopped Bank of America on Aug. 25, providing a cash influx in exchange for preferred stocks and warrants that eventually made Buffett's Berkshire Hathaway a mint when risk assets found their footing and gold lost its luster. "Although gold is known as a safe-haven asset, it has a history of stunning corrections," reminded Garner. "For instance, the 2011 top was met with a 45% haircut that took nearly a decade to recover." Is gold still worth buying now? Like most investments, momentum can drive assets higher and lower than logic may dictate, making betting against it a risky endeavor. Still, most money is made or lost by acting ahead of the turning points that mark tops and bottoms. Given that gold has already made a major move higher, investors are wise to consider whether we're closer to a top like 2011 than a bottom like a few years ago. More Experts: Stocks & Markets Podcast: Sectors to Avoid With Jay Woods Trader makes bold call with Boeing stock after defense workers strike Veteran fund manager sends urgent 9-word message on stocks "Gold is an asset that should only be bought when nobody wants it. If everyone is buying it, it's probably too late for anyone with a time horizon of less than a decade or longer," said Garner. There's certainly an argument that gold bullishness is widespread, with many talking positively about it as a hedge worth owning. "If you are looking for bearish analyst calls or news, you won't find it," said Garner. "But don't let this detract you from being skeptical." Gold was panned as a "dead dog acting as a drag to portfolios" three years ago, says Garner. Today, she says, "it is considered a must-hold in those same portfolios." In other words, contrarian thinking, akin to buying when everyone is selling and selling when everyone is buying, may make more sense today regarding gold than three years ago. "Just as conventional thinking was misguided then, it might be wrong today," wrote prices risk 'blow-off top' like 2011 first appeared on TheStreet on Aug 16, 2025 This story was originally reported by TheStreet on Aug 16, 2025, where it first appeared.
