Donald W. Young
Mr. Donald W. Young is the Founder and Managing Member of Race Rock Group and all of its affiliates (www.racerockgroup.com). Race Rock is a private holding company that makes control and non-control investments in private companies, industrial and commercial real estate, private equity funds, venture capital funds, hedge funds and other alternative investments. In addition to Race Rock, Mr. Young is currently an Executive in Residence with Warburg Pincus, the oldest and one of the largest private equity firms in the world and serves as the Executive Chairman of Structural and Steel Products, Inc. and on the board of directors of Hoover Ferguson and Gulf Capital Bank.
Prior to Race Rock, Mr. Young was Chairman and CEO of Hoover Ferguson Ltd. from 2008-2019. Hoover Ferguson was a fully integrated provider of chemical tanks, cargo carrying units, catalyst bins, modular containers and other related rental products and services to the global energy, petrochemical and general industrial end markets with 42 locations in 26 countries. Mr. Young led a management buyout of Hoover Group in 2009 and eventually sold the company to First Reserve in 2015 before merging Hoover with the Ferguson Group to create the Hoover Ferguson Group in 2016. During his tenure, Hoover Ferguson won multiple awards including being listed five years in a row as one of Houston’s Best Places to Work and Houston’s Fastest Growing Companies by the Houston Business Journal. In 2015, Mr. Young was selected as the Ernst & Young Entrepreneur of the Year for the five state Gulf Coast region and was a finalist for the national award.
Prior to joining Hoover in 2008, Mr. Young worked in New York City in private equity at Citigroup Venture Capital and Sciens Capital and investment banking at Bank of America and Prudential Securities. Mr. Young is the former Chairman of the Houston Chapter of the Young Presidents’ Organization (YPO) and has served on the board of directors of KIPP Houston and The Doe Fund as well as numerous industry organizations.
Mr. Young graduated from Harvard University with a B.A. in Government and was born and raised in Corpus Christi, TX. Mr. Young lives in Houston, TX and is married to Kelley Chapoton Young and they have two sons, Chap and Chase.