Posts Tagged ‘Charles Koch’
Charles Koch Of Koch Industries Hates Cronyism – Gives Son Top Job
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 »