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Proven and verifiable success in developing senior management alignment on strategy, company value proposition, business model, and company culture leading to significantly improved end-to-end operational effectiveness and sustainable profitable results. Strong background in manufacturing, sales & marketing, and finance/cost systems is ideal for stand-alone operations. Desire is to lead a company or business division that requires a turnaround, or one that needs to increase business effectiveness while further differentiating itself and improving its value proposition.Specialties: General Management: Sales & Marketing, Manufacturing, Finance & Accounting, M&A
Yorrtx Llc
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Ranch Owner And ManagerYorrtx Llc Jan 2021 - PresentTexas, United States
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Senior Level Business ExecutiveRetired - Executive Management Chemicals & Plastics Jan 2021 - Mar 2024Houston, Los Angeles, Dallas, Brussels
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Executive Vice President - Global Purchasing DirectorSolvay Sa Sep 2018 - Dec 2020Brussels Area, BelgiumAccountable for a team that manages the global Purchasing of tolling, contract manufacturing, raw materials via distributors, and industrial gases. Role is also responsible for a large contract negotiation platform, and a raw market market intelligence team that provides market studies, supports category strategy development, and leads the strategic planning for Solvay’s 4B€ Raw Materials Domain.
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Executive Vp - ProcurementSolvay America 2013 - Oct 2018Houston, TexasEVP of Purchasing accountable for the leadership and spend management of the combined N. American operations of Solvay, Rhodia, and recently acquired Cytec. Directly managing a spend in excess of $1.5 billion and accountable for achieving defined value creation targets. Responsible for entity integration and development of a high performance team that consistently leads in maximizing value creation. The operating model is built on the principle of business partnering and the continual pursuit of excellence while working collaboratively on cost reduction & avoidance, margin generation, risk mitigation, cash generation, and process improvements . The N. America team is also responsible for collaborating with global Purchasing directors where specific spend segments can benefit from multi-continent leverage. -
Executive Vice PresidentSolvay 2009 - Dec 2012Houston, TexasGroup Procurement Manager; NAFTA MSP Manager. $4 Billion spend. Responsible for global procurement processes, support functions, regional business interfaces and performance metrics; led mutlifunctional team to redesign global P2P process. As NAFTA Multi-Site Purchasing Manager, developed and implemented new accountability structure resulting in significantly improved alignment across the procurement network and Solvay's business entities.
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Special Advisor - Acquisition IntegrationLyondellbasell Mar 2008 - Dec 2008Dallas/Fort Worth AreaAgreed to temporarily join Basell to assist in the transition and integration of Solvay Engineered Polymers after divestiture. Assignment was a contingency to consummate the deal. Co-led integration team to successfully merge the two entities to create a $450M+ revenue new company with significantly improved profit potential. -
President/CeoSolvay Engineered Polymers 2004 - 2008Dallas/Fort Worth AreaInterior and exterior automotive applications. Appointed the top executive of a global business struggling to overcome management, operational, and market issues impeding profitable growth and success. Designed and led a top-to-bottom business transformation, changing the organizational structure, management approach, marketing strategies, product offerings while strengthening the customer value proposition. Held full P&L and operational accountability. Built and led a 10-member senior team and 300 employees in 5 facilities located in the US, Europe and China. Recognized by OEMs and market participants as the market leader with Honda describing the company as the benchmark in the industry.
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President/CeoSolvay Draka Sep 1999 - 2004Greater Los Angeles AreaMedical (80%), Industrial Applications (20%). Class 100,000 clean room production of films and compounds for applications such as blood collection and separation, IV, dialysis. Developed and executed a growth through acquisition strategy, integrated this newly acquired medical sales and compound business into the Solvay Group structure. Made strategic investments in people, operations, and product lines. Leveraged core strengths of the business to create a sustainable growth model and differentiating IP that provided customers a unique value proposition. Garnered Solvay European Executive Board recognition for a highly successful specialty business acquisition which provided strong profits, access to new markets, and differentiated products.
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President/CeoAdafi - Solvay 1998 - 1999South Bend, Indiana AreaP&L responsibility for the importation and sales of plastic film products manufactured by various European divisions of Solvay SA. Primary markets were medical (55%) and industrial (45%). Responsible for developing acquisition targets to establish a manufactring base and expand product offerings for medical applications.
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President/CeoSolvay Industrial Films 1995 - 1998South Bend, Indiana AreaManufacturer, importer, and seller of medical (25%), consumer (50%), and industrial products (25%). Operation had negative EBIT and cash flow, dysfunctional management, and poor customer relations. Top-to-bottom restructuring, new manufacturing technologies, redefined value proposition, and company culture change returned it to sustainable profitability.
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Management - VariousSolvay Polymers, Inc. 1985 - 1995Houston, Texas AreaPositions in Finance/Planning, Sales, Sales & Marketing Management, and Procurement Management.
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VariousBasf, Markowitz & Mcnaughton, Sherwin-Williams 1982 - 1985Williamsburg And Mclean VirginiaVarious roles in Sherwin-Williams (wholesale/retail store management), BASF (chemical company), Markowitz and McNaughton (buy-side middle market M&A specialists).
Fred Young Skills
Fred Young Education Details
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Finance & Operations -
Biology -
St. Christopher'SHigh School
Frequently Asked Questions about Fred Young
What company does Fred Young work for?
Fred Young works for Yorrtx Llc
What is Fred Young's role at the current company?
Fred Young's current role is Retired | Senior Level Executive Advisor | Mentoring | Strong Leadership Record | Strategy Focus with Effective Execution | Operations and Commercial Competence | Promotes Critical Thinking | Challenges Status Quo.
What is Fred Young's email address?
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What schools did Fred Young attend?
Fred Young attended William & Mary – Raymond A. Mason School Of Business, William & Mary, St. Christopher's.
What are some of Fred Young's interests?
Fred Young has interest in Water Sports, Skiing, Economic Empowerment, Politics, Environment, Basketball, Sailing, Poverty Alleviation, Science And Technology, Arts And Culture.
What skills is Fred Young known for?
Fred Young has skills like Strategy, Manufacturing, Business Strategy, Polymers, Leadership, Plastics, Product Development, Additives, Management, Cross Functional Team Leadership, Strategic Planning, Mergers And Acquisitions.
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