Fred Young (businessman)

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]