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In March 2023, Koch Industries announced a leadership restructuring wherein Charles Koch will remain chairman and serve as co-CEO alongside Dave Robertson, who will serve as vice chairman of the board. Jim Hannan was named President and COO. Chase Koch and Richard Dinkel were both named executive Vice President while maintaining their other roles.
Charles and David each owned 42% of the conglomerate. The brothers inherited the business from their father, Fred C. Koch , then expanded the business. [ 5 ] Koch Industries is the largest privately held company by revenue in the United States, according to Forbes.
By 2019, Charles Koch and David Koch, commonly referred to as the Koch brothers, were the only ones of Fred Koch's four sons still with Koch Industries. [5] Charles and David Koch built a political network of libertarian and conservative donors, and the brothers funneled financial revenue into television and multi-media advertising. David Koch ...
The Koch family foundations are a group of charitable foundations in the United States associated with the family of Fred C. Koch.The most prominent of these are the Charles Koch Foundation and the David H. Koch Charitable Foundation, created by Charles Koch and David Koch, two sons of Fred C. Koch who own the majority of Koch Industries, an oil, gas, paper, and chemical conglomerate which is ...
Charles Chase Koch (/ k oʊ k / KOHK; born June 15, 1977), is an American businessman and the son of Charles Koch, the co-owner, CEO, and chairman of Koch Industries.Koch directs the venture capital company Koch Disruptive Technologies, [2] and is a leading figure in Koch Industries and the family's philanthropic activities.
Fred Chase Koch (/ k oʊ k / KOHK; September 23, 1900 – November 17, 1967) was an American chemical engineer and entrepreneur who founded the oil refinery firm that later became Koch Industries, a privately held company which – under the principal ownership and leadership of Koch's sons Charles and David – would be listed by Forbes as the second-largest privately held company in the ...
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In 1970, Koch joined Koch Industries under his brother Charles, to work as a technical-services manager. He founded the company's New York City office and in 1979 he became the president of his own division, Koch Engineering, renamed Chemical Technology Group. David's brothers Frederick and Bill had inherited stock in Koch Industries. In June ...