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Young's Market Company history
Young's Market Company company history timeline
Having served as the company's CEO and chairman of the board since 1974, he was named chairman emeritus upon his retirement.
In 1975, Young's added a food wholesaling operation to its growing Hawaii liquor business.
In 1975, Vernon O. Underwood Sr. was named Chairman of Young’s Market Company and his son, Vernon O. Underwood Jr., was elected President of Young’s.
In 1976, with its vineyards thriving, Young's added a new, state-of-the-art fermenting winery to the Buena Vista Winery.
1979:Buena Vista Winery is sold.
In the mid 1980’s, Young’s acquired two wine and spirit wholesale distributors in Northern California, Rathjen Wines and Spirits and Berberian Brothers, Inc., to become the first statewide wholesale distributor of alcoholic beverages in the state of California.
In 1985, the company inched a bit further north when it acquired a wholesale liquor distributorship in Union City and Santa Rosa.
In 1985 he devised and implemented a plan that resulted in Young’s becoming the first statewide distributor of wine and spirits in California.
In 1988, Vernon Underwood retired from the business he had helped build for more than 50 years.
In 1989, at Vern’ urging, the Underwood family purchased Young’s from the Company’s remaining shareholders.
In 1990, Vernon O. Underwood, Jr. discontinued all other branches of the company, focusing specifically on wine and spirits.
Chris is a graduate of the University of Southern California, where he earned a Bachelor of Arts degree in Communications and won the 1990 NCAA Men’s Volleyball National Championship.
In 1994, Young's moved from downtown Los Angeles to a newly built, 210,000-square-foot facility in Orange, California.
Also in 1994, Young's Market reached $1 billion in sales.
1997:Charles Andrews becomes president and CEO of the company.
In 1997, Young's Market entered into a strategic alliance with Sunbelt Beverage Corporation.
In 1997, Young’s Holdings, Inc., the parent company of Young’s Market Company, purchased Wilson Daniels, Ltd., an importer and marketer of fine wines and spirits headquartered in St Helena, California.
In 1997, Vern led the Company’s expansion into Washington, Oregon and Alaska.
Shortly thereafter in 1999, Holdings acquired a majority interest in K&L Beverage Company, a distributor of wine and spirits in Alaska, and a broker of wine and spirits in Oregon, Washington, Idaho, Utah, Wyoming and Montana.
He has been a member of the Board of Directors of Young’s Holdings since 2000.
In 2002, Holdings acquired 50% interest in Young’s-Columbia of Oregon and Young’s-Columbia of Washington, wholesale distributor of wine in those respective states.
In 2005, Holdings formed Young’s Market Company of Arizona, LLC, a wine and spirits distributor in Arizona, and commenced operations in that state.
Christopher Underwood was named Chief Operating Officer of Young’s Market Company in 2007.
In 2008, Young’s Market Company acquired 75% of Hayden Beverage in Idaho.
Young’s Market Company acquired 100% interest in Young’s-Columbia of Oregon, LLC and Young’s-Columbia of Washington, LLC in 2011.
Brian has served as the General Counsel for Young’s Holdings, Inc., Infinium Spirits and Wilson Daniels since 2012.
Cassie Kelle has served as Vice President of Real Estate for Young’s Holdings since 2012, managing our real estate portfolio, including acquisition, development, disposition, and property management.
Drew Bauer has served as the SVP Finance and Treasurer for Young’s Holdings, Inc., Infinium Spirits and Wilson Daniels since 2015.
Before joining Young’s in September 2016, Binali worked in a variety of roles with increasing responsibility at Pacific Dental Services.
With the joint venture with RNDC in 2019, the Young’s Market operations were transferred to the RNDC Management team.
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Young's Market Company history FAQs
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Young's Market Company may also be known as or be related to Young's Holdings, Young's Holdings Inc and Young's Market Company.