Anorak

Charles Koch | Anorak

Posts Tagged ‘Charles Koch’

Charles Koch Of Koch Industries Hates Cronyism – Gives Son Top Job

The Koch Industries Inc. headquarters is shown Monday, Nov. 14, 2005, in Wichita, Kan. In an announcement Sunday, paper products giant Georgia-Pacific Corp., the maker of Brawny paper towels and Angel Soft tissue, is being acquired for more than $13 billion by Koch Industries Inc., the nation's second-biggest private company. (AP Photo/Larry W. Smith)

The Koch Industries Inc. headquarters is shown Monday, Nov. 14, 2005, in Wichita, Kan. In an announcement Sunday, paper products giant Georgia-Pacific Corp., the maker of Brawny paper towels and Angel Soft tissue, is being acquired for more than $13 billion by Koch Industries Inc., the nation’s second-biggest private company. (AP Photo/Larry W. Smith)

 

CHARLES de Ganahl Koch is an American businessman and philanthropist. He is co-owner, chairman of the board, and chief executive officer of Koch Industries.

In 2010, he told the Wall Street Journal: “Corporate Cronyism Harms America.”

In 2014, he added in an interview with the Wichita Business Journal:

You name it, in every industry we have this. The successful companies try to keep the new entrants down. Now that’s great for a company like ours. We make more money that way because we have less competition and less innovation. But for the country as a whole, it’s horrible. And for disadvantaged people trying to get started, it’s unconscionable in my view. I think it’s in our long-term interest, in every American’s long-term interest, to fight against this cronyism.

Read the rest of this entry »

Posted: 9th, March 2014 | In: Money, Reviews | Comment