Charles Koch is a member of the Mercatus Center's Board of Directors. He is chairman of the board and chief executive officer of Koch Industries, Inc., one of the largest privately held companies in America. Under his leadership, Koch Industries has been transformed into a dynamic and diverse group of companies engaged in trading, investment and operations worldwide.

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 at Koch Industries of Market Based Management (MBM™). He has striven to further develop the theories and expand the practice of MBM, not only throughout Koch, but also in the next generation of business leaders. He frequently shares information about MBM in u