Viskase reshapes board and audit committee after merger

Viskase Holdings ( (ENZN) ) has shared an update.

On April 29, 2026, Viskase Holdings announced the resignations of director Peter K. Shea, who also stepped down from the Audit Committee, and director Randolph C. Read, with the company emphasizing that both departures were not the result of any disagreements over its operations or policies. The moves mark a significant refresh of board oversight following Viskase’s business combination with Enzon Pharmaceuticals, where Read had previously served as chairman.

On April 30, 2026, the company appointed Chief Executive Officer Thomas D. Davis and Icahn Enterprises tax executive Craig Pettit to its board to fill the newly created vacancies, further solidifying Icahn-affiliated influence at the governance level while keeping Davis’s compensation structure unchanged. Also effective April 30, 2026, Viskase named Jordan Bleznick to the Audit Committee and designated Kenneth Shea as its chair, reshaping the committee’s composition after the leadership transition.

More about Viskase Holdings

Viskase Holdings operates in the food packaging industry, supplying casings and related products used primarily by meat and protein processors. The company’s leadership has deep experience in meat processing, specialty foods and packaging, and it is majority owned by entities affiliated with activist investor Carl C. Icahn, which collectively hold about 93.7% of its common stock.

Average Trading Volume: 1,363

Technical Sentiment Signal: Sell

Current Market Cap: $91.4M

For an in-depth examination of ENZN stock, go to TipRanks’ Overview page.