About Charles G. Koch
Charles G. Koch is chairman of the board and CEO of Koch Industries, Inc., a position he has held since 1967. Since then, the company has been transformed into a dynamic and diverse group of companies with about 67,000 employees and a presence in nearly 60 countries. Based in Wichita, Kansas, Koch Industries is involved in refining, chemicals, and biofuels; process and pollution control equipment and technologies; minerals; fertilizers; polymers and fibers; commodity trading and services; forest and consumer products, and ranching. Familiar brands include STAINMASTER® carpet, LYCRA® fiber, Quilted Northern® tissue, and the Dixie® brand of tabletop products.
Much of Koch Industries’ success can be traced to Mr. Koch’s interest in and commitment to scientific and social progress, which led to the development and implementation of the Market-Based Management business philosophy. The concepts and practice of MBM® are described in Mr. Koch’s book, The Science of Success, published in February 2007 by John Wiley & Sons, Inc. Mr. Koch is further developing the theories and expanding the practice of MBM®, as well as other applications of the science of human action, not only throughout Koch Industries, but also with scholars, non-profit leaders, government officials, and other business leaders.
He has continuously supported academic and public policy research (including a number of Nobel Prize winners) for more than forty years, with a special focus on developing voluntary, market-based solutions to social problems. This interest led Mr. Koch to help found or help build a number of organizations, including the Institute for Humane Studies, the Cato Institute, the Mercatus Center at George Mason University, the Bill of Rights Institute, and the Market-Based Management Institute.
As a reflection of Mr. Koch’s business leadership and community involvement, he has received a number of honors and awards. These include:
Mr. Koch received a bachelor’s degree in general engineering (1957) and two master’s degrees in nuclear and chemical engineering (1958 and 1959, respectively) from the Massachusetts Institute of Technology.
His employment has been as an engineer, Arthur D. Little, Inc. 1959-61; vice president, Koch Engineering Company, Inc. 1961-63; president 1963-71; president, Koch Industries, Inc. 1966-74; chairman and chief executive officer, 1967-present.
He was born in Wichita, Kansas. Mr. Koch and his wife of thirty-nine years, Liz, have two children.