Thursday, October 11, 2012
49ers' Jed York makes '40 under 40' list
By Mike Sando
San Francisco 49ers CEO Jed York has gone from punch line to respected young executive in about two years.
He deserves credit for making it happen.
York, 31, led the way as the 49ers hired coach Jim Harbaugh amid doubts he could close a deal, hired Trent Baalke as general manager when it wasn't a popular move and, most significantly, secured a new stadium in Santa Clara.
Fortune magazine has honored York by listing him 39th on its list of "40 under 40" young executives.
"Before you knock York for being the son of the team's owners," Fortune writes, "consider this: Last season, the 49ers' head coach, Jim Harbaugh, and GM Trent Baalke were both in their first year, both put in place by the young former Guggenheim Partners analyst, and the team made the playoffs for the first time since 2002.
"Harbaugh, whom York had to woo in a scrutinized public process, gelled [sic] with QB Alex Smith and got Coach of the Year. Off the field, York hired Gideon Yu, former CFO of Facebook, to be the team's president, and secured fat financing for the construction of a new $850 million stadium, set to finish in 2014."