March 2, 2017
WICHITA, Kan. – Koch Industries, Inc. today named Jim Hannan executive vice president and CEO – Enterprises, and Brad Razook executive vice president and CEO – Resources. Both are newly created leadership positions. Hannan has served as president and CEO of Koch subsidiary Georgia-Pacific since 2007, while Razook has served as president and CEO of Flint Hills Resources since 2005.
In his new role, Hannan will oversee Georgia-Pacific, INVISTA, Molex and Guardian, as well as Koch’s recently acquired interest in Infor. Razook will oversee Flint Hills Resources, Koch Pipeline, Koch Ag & Energy Solutions (including Matador Cattle), and Koch Minerals (including Koch Supply & Trading). Both Hannan and Razook will be responsible for driving improvements and advances in their respective businesses, including the application of technology, software and data analytics. They will continue to report to Dave Robertson, president and COO of Koch Industries.
“Jim and Brad have done an outstanding job with their respective companies,” said Charles Koch, chairman of the board and CEO of Koch Industries. “I have high expectations for them as they help lead us into the new and different future that all businesses will be facing.”
Succeeding Hannan as president and CEO of Georgia-Pacific is Christian Fischer. Fischer joined Georgia-Pacific in 1989, and has served in many leadership roles within that company, including executive vice president of the packaging and cellulose segment, a role he has held since 2007.
Jeff Ramsey will succeed Razook as president and CEO of Flint Hills Resources. Ramsey has worked within FHR’s aromatics, olefins, intermediates and polymers division as well as in refined products marketing and supply. He joined Koch Industries in 1990.
Koch Industries also announced that Martin Slark has been elected to the Koch Industries board of directors. Slark will continue to serve as CEO of Molex, and will have a key role in helping drive improvements and advances in the application of new technology throughout Koch Industries.
Four appointments to the officer level of Koch Industries were also announced: David Dotson, VP – operations and compliance; Philip Ellender, VP – government and public affairs; Matt Flamini, VP – business development; and Walt Malone, VP – human resources. All four leaders will continue to serve in their current roles within Koch Industries.
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About Koch Industries, Inc.
Based in Wichita, Kansas, Koch Industries, Inc. is one of the largest private companies in America with estimated annual revenues as high as $100 billion, according to Forbes. It owns a diverse group of companies involved in refining, chemicals, and biofuels; forest and consumer products; fertilizers; polymers and fibers; process and pollution control equipment and technologies; electronics; information systems; commodity trading; minerals; energy; glass; ranching; and investments. Since 2003, Koch companies have invested more than $80 billion in acquisitions and other capital expenditures. With a presence in about 60 countries, Koch companies employ more than 120,000 people worldwide, with about 70,000 of those in the United States. From January 2009 to present, Koch companies have earned more than 1,200 awards for safety, environmental excellence, community stewardship, innovation, and customer service. For more news and stories, visit www.kochnews.com.