David Koch Steps Down From Family Business, Political Work
- Charles Koch tells company employees of resignation in letter
- Political network brothers built will be led by Charles Koch
Billionaire David Koch Stepping Down
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Billionaire David Koch is stepping down from leadership positions in his family’s business and conservative political empire because of deteriorating health, his older brother told company employees in a Tuesday.
"We are deeply saddened by this, and will miss David’s insightful questions and his many contributions to Koch Industries," Charles Koch wrote about his 78-year-old brother.