UP's Young honored with Beacon of Ethics award

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Posted: Monday, March 4, 2013 12:00 am

Jim Young is the newest recipient of a Beacon of Ethics Award from the Business Ethics Alliance.

This morning, the Union Pacific chairman of the board was honored at a private ceremony at UP. The alliance chose Young for his distinguished leadership, consistent message of respecting employees and focusing on customer engagement.

“Mr. Young's example of profits with integrity provides a role model for our entire business and civic community – from students and young professionals to seasoned executives,” said Beverly Kracher, executive director of the alliance.

Young began his career with U.P. in 1978, holding positions including senior vice president, corporate treasurer and chief financial officer. In 2005, he reached the company's top executive spot and in 2007, was named chairman of its board of directors.

A year ago, Young announced he would take medical leave from his president and CEO roles to undergo treatment for pancreatic cancer, but would remain chairman of the board.

In January, he was honored by major railroad trade magazines Railway Age as railroader of the year for 2012 and Progressive Railroading as its railroad innovator of 2012.

Several people have received the Beacon of Ethics Awards since its inception in 2009. They are:

>> William Bennett, former U.S. Secretary of Education and editor of “The Book of Virtue"

>> Madeleine Albright, former U.S. Secretary of State, for her dedication to democracy and human rights

>> Muhammad Yunus, Nobel Peace Prize Winner, Founder of the Grameen Bank and the global microfinance movement

>> Mary Robinson, former President of Ireland, for her inclusive leadership, demonstrated moral courage and dedication to human rights

>> Reuben Mark, former Chair and CEO of Colgate-Palmolive, for his impact on building a model for global corporate culture centered on ethics.

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