Fred Young (businessman)

Last updated
Fred M. Young Jr.
Alma mater Cornell University
OccupationBusinessman
EmployerIndependent Investor
Spouse(s)Sandra
ChildrenAriel (Shibilski), Ryan

Fred Young is a retired businessman and conservative donor.

Contents

Education and career

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]

Young served as president and CEO of Young Radiator, a company founded by his father in 1927. [2] Young sold the company to MotivePower in 1999, after which he retired as CEO. [3]

Political activities

In 2012, Young donated $100,000 to The Club for Growth Action, a conservative Super PAC. [4] Young has supported other conservative groups and candidates, including Scott Walker. Young serves on the boards of the Cato Institute and the Reason Foundation. [5] In 2013, Young filed a lawsuit challenging Wisconsin's campaign finance contribution limits. [6]

Fred Young Submillimeter Telescope

In 2020, the CCAT-p telescope, whose construction Fred Young had supported for over 2 decades and with over US$16 million, was renamed the Fred Young Submillimeter Telescope (FYST). [7]

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References

  1. Gold, Lauren (12 November 2010). "$11M gift for Atacama telescope will help astronomers answer fundamental questions about galaxy, star formation". Cornell Chronicle . Retrieved 19 December 2013.
  2. "Inductee Highlight: Fred Young". Automotive Hall of Fame. 25 October 2013. Archived from the original on 10 August 2014. Retrieved 20 December 2013.
  3. Mullins, Robert (3 January 1999). "Young Radiator accesses capital as result of its sale". Milwaukee Business Journal . Retrieved 20 December 2013.
  4. Golden, Kate (6 February 2012). "State has some ties to super PACs". Wisconsin State Journal . Retrieved 20 December 2013.
  5. Bice, Daniel (9 June 2013). "Proposal to double campaign donation limits gets an unlikely objector". Milwaukee Journal Sentinel . Retrieved 20 December 2013.
  6. Zambo, Kristen (6 June 2013). "Lawsuit filed on Racine man's behalf challenging campaign contribution limit". Racine Journal Times . Retrieved 20 December 2013.
  7. "Breakthrough telescope in Chile renamed for benefactor alum". Cornell Chronicle. Retrieved 2021-04-19.