President and Chief Operating Officer, Koch Formerly Koch
Verified interview transcripts, podcast appearances, and direct quotes from Jim Hannan, President and Chief Operating Officer at Koch Formerly Koch. AI-verified speaker identity with full-text searchable transcripts.
“The longevity of companies is doing this right because they're being disrupted more rapidly. The amount of time a company stands is in the SP for example is shrinking in terms of number of years before it's disrupted and displaced by another.”
“The shareholders have consistently reinvested 90% of the earnings back in the business and that sounds like a straightforward thing, but when you think about what that means it means one of the biggest challenges we have is continuing to find opportunities that we can pursue with our capabilities.”
“We're opposed to subsidies and dates and other measures that might rig the system as it relates to creating winners and losers even if those policies benefit our bottom line and I think that's one thing that sets us apart for many companies.”
“We're the fifth largest producer of ethanol in the US and we vehemently oppose subsidies and mandates that actually benefit our bottom line and in fact have been successful in getting many of those subsidies eliminated.”
“If you just charted the size of government and the size of the private economy, what you see is government has grown at the expense of the private economy for the last 25 years, but it's accelerated really since the late 90's. So what that means is today we spend about 25 percent of our GDP on government. Historically,...”
“A big part of the problem is one of the easiest ways to make money in business is to go to the government and ask them to help you, ask them for a mandate, ask them for a subsidy, ask them to put some rules or carrots in place that make it easier for you to compete with the people who are coming after you. Those are th...”
“The US debt is now over 15 trillion dollars. I mean, can you believe those numbers? It is hard to believe. And then yet you add the promises of future outlays, the entitlements, Social Security, Medicare, Medicaid... you're talking about ten times the size of the private economy. Pretty scary. And it isn't getting bett...”
“In communist China, sixty-eight percent of those polled believe the free market system was the best approach. So in communist China, there's now a stronger belief in free markets than there is in the U.S. at least as a percentage of the folks polled.”
Jim Hannan, Executive Vice President and CEO of Enterprises at Koch Industries, speaks at Terry Third Thursday on January 16, ...
As executive vice president and CEO for Koch Enterprises, Jim Hannan (BS '89, Business Administration) is responsible for ...
In a session produced by our underwriter Koch Industries, Executive Vice President Jim Hannan takes the stage to provide insight into the role of business creating value in society. *This session was produced by our underwriter Koch Industries and not The Atlantic’s editorial team. For more information, please visit: https://www.theatlantic.com/live/
Skip to speaker 2:09 James Hannan, President & CEO, Georgia-Pacific Terry Third Thursday January 19, 2012 James Hannan is ...
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