Robert R. Young | |
|---|---|
| Born | Robert Ralph Young February 14, 1897 |
| Died | January 25, 1958 (aged 60) |
| Alma mater | University of Virginia |
| Occupation(s) | Financier New York Central Railroad |
| Years active | 1916–1958 |
| Spouse |
Anita Ten Eyck O'Keeffe
(m. 1916; died 1958) |
| Children | Eleanor "Cookie" Young |
| Parent(s) | David John and Mary Arabella Moody Young |
Robert Ralph Young (February 14, 1897 – January 25, 1958) was an American financier and industrialist. He is best known for leading the Chesapeake and Ohio Railway and the New York Central Railroad during and after World War II. He was a brother-in-law of the famous western painter, Georgia O'Keeffe.
Because of his initials, R.R. Young was often labeled "Railroad" Young. He was otherwise known as the "Populist of Wall Street", or, as his press agent encouraged journalists to call him, "The Daring Young Man of Wall Street". He regarded himself as a crusader against the mismanagement of railroads by banking interests. Young's most famous advertising slogan was "A hog can cross the country without changing trains – but you can't."
Despite his vocal criticisms, at the railroads he led, Young inaugurated many forward-looking advances in technology that have ramifications to the present. He was one of the first railroad executives to introduce high-speed diesel powered passenger trains which utilized lightweight equipment. He was also involved with the first large-scale railroad computer system, as well as diversification of freight traffic and development and implementation of larger and better freight cars of all types.