Charles Koch
Charles Koch
Charles de Ganahl Kochis an American businessman, political donor and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries, while his brother David H. Koch serves as Executive Vice President. Charles and David each own 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch, then expanded the business. Originally involved exclusively in oil refining and chemicals, Koch Industries now includes process and pollution control equipment and technologies; polymers...
NationalityAmerican
ProfessionBusiness Executive
Date of Birth1 November 1935
CityWichita, KS
CountryUnited States of America
Business managers don't want to come here because you have a former business manager on the board,
In general, an asset should be sold when it has greater value to a buyer. This happens when a buyer has a complimentary business or capability that would enable them to do more with that business. Many businesses we have exited were not failures, but had simply reached a point in their life cycle where they no longer provided a core capability or served as a platform for growth.
Many businesses with unpopular products or inefficient production find it much easier to curry the favor of a few influential politicians or a government agency than to compete in the open market.
Successful companies create value by providing products or services their customers value more highly than available alternatives. They do this while consuming fewer resources, leaving more resources available to satisfy other needs in society. Value creation involves making people's lives better. It is contributing to prosperity in society.
Far too many well-connected businesses are feeding at the federal trough. By addressing corporate welfare as well as other forms of welfare, we would add a whole new level of understanding to the notion of entitlement reform.
In business, real jobs profitably produce goods and services that people value more highly than their alternatives. Subsidizing inefficient jobs is costly, wastes resources, and weakens our economy.
We are not trying to prevent new clean energy businesses from succeeding. Any business that's economical, that can succeed in the marketplace, any form of energy, we're all for. As a matter of fact, we're investing in quite a number of them, ourselves - whether that's ethanol, renewable fuel oil.
From the beginning of time, business has cozied up to government and gotten restrictions on competition and subsidies and stuff.
Georgia-Pacific is a highly respected company with great businesses and a strong history as a market leader. We believe that as a wholly owned subsidiary, Georgia-Pacific can be even more successful by combining the capabilities of our two companies.
Dave Robertson is a proven leader who clearly exemplifies our guiding principles. His accomplishments in the past 20-plus years have significantly contributed to the success of Koch Industries. Exhibiting outstanding leadership, he has built teams that have captured many opportunities. The board and I believe that under Dave's leadership, Koch Industries and its subsidiaries will continue to create value and grow.
No centralized government, no matter how big, how smart or how powerful, can effectively and efficiently control much of society in a beneficial way. On the contrary, big governments are inherently inefficient and harmful.
We have the best leaders and the most depth of leadership we've ever had. If I get hit by a truck, maybe it would get me out of the way and it would go better.
Citizens who over-rely on their government to do everything not only become dependent on their government, they end up having to do whatever the government demands. In the meantime, their initiative and self-respect are destroyed.
Corporate welfare, I think, is a disaster for this country. It's crippling our economy. It is contributing to a permanent underclass and corrupting the business community.