“Butch Cassidy” Pharma CEO Wants to Brand the Moon
3:17 pm, June 4th | by Amy Tennery
Ted Karkus is the Chairman and CEO of ProPhase Labs, the folks who bring you Cold-EEZE (and other stuff you turn to when you feel like your sinuses are about to explode). Karkus, who’s been a consultant and investor for over 25 years, became the largest outside shareholder at ProPhase — and then wiped out the board of directors two years ago. “My board of directors won, they made me CEO and I cleared out,” Karkus said. And by “cleared out,” he means overhauling all senior positions at the company. We imagine he has a plate reading “resident badass” on his office door.
When he’s not planning the launch of a new cold-fighting oral spray (set for later this year), he dreams of owning NASA and branding the moon with a Cold-EEZE logo. At least that’s what he told us…
If you could buy anything you don’t have right now (money is no object) what would it be?
I’ve always wanted to go into space, so I would buy NASA. It would also be a great opportunity to brand the moon with Cold-EEZE signage.
Who would you want to play you in a movie?
Paul Newman in “Butch Cassidy and the Sundance Kid.” Wall Street has a lot in common with the Wild West. Trust me!
Who’s your favorite fellow mogul?
I truly admire Richard Branson. He cares deeply about the consumer, provides the absolute best quality, and does it better than anyone else!
What is the biggest myth about being rich?
That you work less than other people. The truth is you work harder to stay on top than you do getting there.
What do you still buy discount?
Everything. No matter how much money you have, if you are careless with it, you end up with none!