NEW YORK—June 12, 2009
As executive vice president and board member of Koch Industries, Inc., David H. Koch has made a name for himself as a captain of chemical and engineering industries. He is also widely recognized as one of the world’s most generous individuals.
David H. Koch, executive vice president, Koch Industries, Inc., and 2009 HSS Honoree
Recently, Mr. Koch pledged $25 million to Hospital for Special Surgery, the largest gift in the Hospital’s history. The gift is part of the Building on Success campaign. Mr. Koch has a strong personal connection to Hospital for Special Surgery. He was treated at the Hospital for several sports related injuries that he suffered as an athlete in school. In 2004 he joined the hospital’s Board of Trustees.
“David Koch’s commitment to HSS and to health care is extraordinary,” said Louis A. Shapiro, president and chief executive officer of Hospital for Special Surgery. “Due to the efforts of philanthropists like David, HSS continues to achieve and lead in orthopedic care.”
As a member of the Hospital’s Research Committee, Mr. Koch takes an active role in supporting the Hospital’s clinician-scientists in such areas as the development and refinement of implants, as well as the broad base of research conducted in arthritis and autoimmune diseases.
“Our continued focus on research and innovation would not be achievable without the generous support of David Koch and others,” said Thomas P. Sculco, M.D., surgeon-in-chief at Hospital for Special Surgery.
Koch Industries is currently named America’s 2nd largest private company, according to Forbes. The company is involved in refining and chemicals; process and pollution control equipment and technologies; minerals; fertilizers; polymers and fibers; commodity and financial trading and services; and forest and consumer products.
In addition to serving as a leader in business, David H. Koch’s philanthropic efforts are well recognized. His personal experiences with health challenges have lead Mr. Koch to support research and development in various areas of healthcare, ranking him 7th on Condé Nast Portfolio’s 2008 Generosity Index.
Mr. Koch earned his bachelor’s and master’s degrees in chemical engineering from the Massachusetts Institute of Technology. Prior to joining Koch Industries in 1970, Mr. Koch worked as a research engineer and process design engineer for Amicon Corporation in Cambridge, Mass.; Arthur D. Little, Inc, also in Cambridge, Mass.; and Halcon International, Inc. and its affiliate, the Scientific Design Company in New York City. He received a presidential appointment in 2004 to the National Cancer Advisory Board of the National Cancer Institute and currently serves on more than 20 non-profit boards.
About Hospital for Special Surgery
Hospital for Special Surgery (HSS) is the world’s leading academic medical center focused on musculoskeletal health. HSS is nationally ranked No. 1 in orthopedics and No. 2 in rheumatology by U.S. News & World Report (2016-2017), and is the first hospital in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center four consecutive times. HSS has one of the lowest infection rates in the country. HSS is an affiliate of Weill Cornell Medical College and as such all Hospital for Special Surgery medical staff are faculty of Weill Cornell. The hospital's research division is internationally recognized as a leader in the investigation of musculoskeletal and autoimmune diseases. Hospital for Special Surgery is located in New York City and online at www.hss.edu.