Archive for Monday, March 31, 1997

KOCH INDUSTRIES CEO TO LECTURE AT KU

March 31, 1997

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Charles G. Koch, chairman and chief executive officer of Koch Industries, Wichita, will deliver the 1997 J.A. Vickers Sr. and Robert F. Vickers Sr. Memorial Lecture at Kansas University.

The lecture, "How to Succeed in Interesting Times," will be at 7 p.m. April 23 at the Lied Center.

Koch Industries, the second-largest privately held company in the United States, is known for its market-based management. Under the system, employees are given an equal opportunity to make companywide decisions without going through a traditional hierarchy.

The company is involved in nearly every phase of the oil industry and has investments in chemical technology, agriculture, hard minerals, real estate and financial business groups.

Koch became head of the family business in 1966 and sales have grown from $177 million to $30 billion under his leadership.

In addition to Koch Industries, Koch and his wife, Liz, are involved in educational and philanthropic activities.

Previous Vickers lecturers include Itzhak Rabin, George Bush, Robert Dole, Sandra Day O'Connor, George Will and Nancy Kassebaum.

Koch will answer questions from the audience after the lecture. The event is free and open to the public.

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