Fred Young (businessman)

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Fred Young
Alma mater Cornell University (BE) (MBA) (MEng)
OccupationBusinessman
Years active1968-1999
EmployerYoung Radiator Company

Fred Young is an American retired businessman. Young earned a bachelor's degree from Cornell University in 1964, and an MBA and master's degree in engineering from Cornell in 1966. [1] After graduating from college, Young took a job with Cummins Engine Company, in Columbus, OH as a product manager. He joined Young Radiator, the company that was founded by his father in 1927, as the sales manager of the industrial and oil field division in 1968. [2] [3] In Aug. 1973, he was appointed to vice president - industrial marketing and assistant general manager, responsible for stock products and engineered equipment for staionary applications. [4] On May 25, 1983, he was named president and CEO of Young Radiator. [5] Young sold the company to MotivePower in 1999, after which he retired as CEO. [6]

After retirement, he became a sponsor of academic research in astronomy, economics, and great ape conservation; a director of the Cato Institute and the Reason Foundation; and a member of the international Mont Pelerin Society. [7] In 2020, the CCAT-p telescope, whose construction Fred Young had supported for over two decades and with over US$16 million, was renamed the Fred Young Submillimeter Telescope (FYST). [8] In 2012, Young donated $100,000 to The Club for Growth Action, a conservative Super PAC. [9] Young has supported other conservative groups and candidates, including Scott Walker. Young serves on the boards of the Cato Institute and the Reason Foundation. [10] In 2013, Young filed a lawsuit challenging Wisconsin's campaign finance contribution limits. [11]

References

  1. ↑ Gold, Lauren (November 12, 2010). "$11M gift for Atacama telescope will help astronomers answer fundamental questions about galaxy, star formation". Cornell Chronicle . Retrieved December 19, 2013.
  2. ↑ "Inductee Highlight: Fred Young". Automotive Hall of Fame. October 25, 2013. Archived from the original on August 10, 2014. Retrieved December 20, 2013.
  3. ↑ "Young's Son Joins Company". The Journal Times. February 18, 1968. p. 27. Retrieved May 7, 2025.
  4. ↑ "Marketing organization at Young Radiator realigned". Mattoon Journal Gazette. September 4, 1973. p. 8. Retrieved May 5, 2025.
  5. ↑ "Young replaces father as president". The Journal Times. May 25, 1983. pp. 17, C1. Retrieved May 7, 2025.
  6. ↑ Mullins, Robert (January 3, 1999). "Young Radiator accesses capital as result of its sale". Milwaukee Business Journal . Retrieved December 20, 2013.
  7. ↑ O’Brien, Liz (2014). "Trade Lit: 100+ Years of American Sales, Marketing, and Manufacturing History" (PDF). Connect - Smithsonian Libraries (Summer 2014): 18–19 – via Smithsonian Institution.
  8. ↑ "Breakthrough telescope in Chile renamed for benefactor alum". Cornell Chronicle. Retrieved April 19, 2021.
  9. ↑ Golden, Kate (February 6, 2012). "State has some ties to super PACs". Wisconsin State Journal . Retrieved December 20, 2013.
  10. ↑ Bice, Daniel (June 9, 2013). "Proposal to double campaign donation limits gets an unlikely objector". Milwaukee Journal Sentinel . Retrieved December 20, 2013.
  11. ↑ Zambo, Kristen (June 6, 2013). "Lawsuit filed on Racine man's behalf challenging campaign contribution limit". Racine Journal Times . Retrieved December 20, 2013.
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