Ray Young (executive)
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Ray G. Young is the retired vice chairman and former chief financial officer of
Archer Daniels Midland Company The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 4 ...
, since December 2010. He transferred his CFO responsibilities to an internal successor in April 2022 and he retired as vice chairman at the end of 2022. He was based at ADM's global headquarters in Chicago, Illinois. Prior to ADM, he was the vice president of GM International Operations, based in Shanghai, China, at
General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...
. He was named to this position effective February 1, 2010. Previously he served as GM
Chief Financial Officer The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financ ...
(CFO) since March 3, 2008 until CFO
Chris Liddell Christopher Pell Liddell (born 24 April 1958) is a New Zealand-American businessperson who served as Chief Financial Officer of Microsoft, the Vice Chairman of General Motors, Senior Vice President and CFO of International Paper, Director and ...
moved into the position. Young had been at GM since the 1980s, moving up the ranks throughout his career having been the head of GM do Brasil and Mercosur Region, CFO of General Motors North America, among other positions. Currently, Young serves on the board of directors of International Paper Company (IP), Hormel Foods Corporation (HRL) and Marsh McLennan (MMC). He is the chair of the audit and finance committee of IP. Young is of
Chinese Canadian , native_name = , native_name_lang = , image = Chinese Canadian population by province.svg , image_caption = Chinese Canadians as percent of population by province / territory , pop = 1,715,7704.63% of the ...
heritage.


Early years and education

Young was born in
Port Elgin, Ontario Port Elgin is a community in Bruce County, Ontario, Canada. Its location is in the traditional territory of the Saugeen Ojibway Nation. Originally named Normanton the town was renamed Port Elgin when it was incorporated in 1874, after James Bruce, ...
to immigrant parents from
Guangzhou Guangzhou (, ; ; or ; ), also known as Canton () and alternatively romanized as Kwongchow or Kwangchow, is the capital and largest city of Guangdong province in southern China. Located on the Pearl River about north-northwest of Hong Kon ...
,
China China, officially the People's Republic of China (PRC), is a country in East Asia. It is the world's most populous country, with a population exceeding 1.4 billion, slightly ahead of India. China spans the equivalent of five time zones and ...
. He studied at the
University of Western Ontario The University of Western Ontario (UWO), also known as Western University or Western, is a Public university, public research university in London, Ontario, London, Ontario, Canada. The main campus is located on of land, surrounded by resident ...
and received his MBA at the
University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...
.


Rise through GM

He began his career at GM as a financial analyst in 1986 and promoted in 1988 to GM's offices in
New York City New York, often called New York City or NYC, is the List of United States cities by population, most populous city in the United States. With a 2020 population of 8,804,190 distributed over , New York City is also the L ...
. Since then Young has held a number of positions within GM: * Director of capital markets and foreign exchange (New York) * Treasurer of GM Europe (Belgium) * CFO for CAMI Automotive (Canada) * GM executive liaison with Suzuki (Hamamatsu Japan) * VP and CFO of GM North America (Detroit) * President and managing director of GM do Brasil and Mercosur (São Paulo Brazil) * CFO (Detroit) * Vice president – International Operations (Shanghai China)


Personal

Young is married with one child and lives in Chicago Illinois.


References


Ray G. Young

Ray G. Young
General Motors executives Canadian people of Chinese descent People from Bruce County 1962 births University of Western Ontario alumni University of Chicago Booth School of Business alumni Living people Archer Daniels Midland people American chief financial officers {{Canada-business-bio-stub