Jeffrey Young says their father, who became president in 1969, attracted great employees because of one concept. “We work for the company; the company doesn’t work for us,” he notes. “We work today with other third-generation YESCO family members—the grandchildren of some of the people who worked for our grandfather. That principle was instilled in them as well.”
Says Michael Young of his father, “There’s no substitution for his experience or his sense of vision of how things can work.”
That expertise, Paul Young adds, made an undeniable impact on Utah. “He had invaluable input into the design of our new building on the west side of the valley,” he says. “Our dad has always been very active with computers, and he’s stayed focused on the stewardship he was given by his father for this company.”
Today, Thomas Young Jr. serves as chairman, planning activities, dealing with real estate issues and managing employee benefits. Michael Young was elected president in 1988.
Being third-generation Youngs could have spelled an expectation that the siblings would carry on with the business. They felt no such obligation. “I started working here when I was 15,” Jeffrey Young recalls. “I got caught up in the excitement of this business immediately, and once that happens, you never want to leave it.”
Paul Young worked as a YESCO office manager once he turned 16. “I was excited about signs from the beginning—both big and small,” he says. “Every company needs signage.”
Though the brothers were all attracted to the family business, none felt pressured by their patriarchs to join the company. “We were each told early on what this company was and what it wasn’t. There is no liquidity here—no harvesting of the business,” says Michael Young. “We’re each here because we want to carry on the tradition, and that’s the essence of what we work to instill with the fourth generation.”
And, yes, each of the brothers says they have children who plan to be part of YESCO’s future.