In running companies he controls, he explained, he finds a good manager and then leaves him or her to do the job. How does he pick his managers? "I don't want a guy who plays golf," Icahn said. "I don't want him playing golf."
As for the unfortunate CEOs of underperforming companies that Icahn has in his sights: "The only way you get these guys in off the golf course is when I file a 13D." - John E. Morris
See earlier story about Icahn's other comments at New York Financial Writers Association Awards Dinner