Conservative icon David Koch leaving business, politics

 


NEW YORK (AP) — Billionaire conservative icon David Koch is stepping down from the Koch brothers' network of business and political activities.

The 78-year-old New York resident is suffering from deteriorating health, according to a letter that older brother Charles Koch sent to company officials Tuesday morning.

Charles Koch wrote that he is "deeply saddened" by his brother's retirement. "David has always been a fighter and is dealing with this challenge in the same way," he wrote.

David Koch is leaving his roles as executive vice president and board member for Koch Industries and a subsidiar...



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