Former UK president Todd named chairman of FacilityONE

Todd will also serve as chief strategist of Louisville-based software company

LOUISVILLE, Ky. (Oct. 28, 2014) — Dr. Lee T. Todd, former president of the University of Kentucky, has joined Louisville-based software company FacilityONE as chairman of the board and chief strategist, collaborating on the company’s key strategic business opportunities.

Todd initially discovered FacilityONE in 2012 and soon became an investor and integral member of FacilityONE’s advisory board. He developed a strong reputation as an innovator of cutting edge technology, founding and leading successful technology companies prior to his tenure as UK president, from July 2001 through June 2011.

Todd was influential in his role as vice president of Hughes Display Products. The company was formed after Projectron, developer of high-resolution projection CRTs for flight simulators was purchased by Hughes Aircraft.

In 1998, after DataBeam Corporation, developer of teleconferencing systems and software was purchased by I.B.M., Todd became senior vice president of its Lotus Development Company and served in that capacity until returning to UK as president on July 1, 2001.

In addition, Todd co-founded the Kentucky Science and Technology Corporation, serves on the Equitable Resources (EQT) board of directors and has served on the LGE/KU board of directors.

Todd served as a professor of electrical engineering at UK from July 2011 through September of this year. During that time he focused on programs regarding the improvement of K-12 science and mathematics instruction throughout Kentucky and the nation, and gave lectures in entrepreneurship and leadership. He also assisted in developing course offerings in the latter two areas.

On a national level, Todd chairs the Advisory Committee of the Education and Human Resources Directorate of the National Science Foundation, served as president of the Association of Public Land-Grant Universities and served on the executive committee of the Business Higher Education Forum.

“What drew me to FacilityONE was the combination of innovative people and technology and a very strong, referenceable customer base,” Todd said. “Their customers were using the cloud-based solution to reduce operating costs, control maintenance expenses and better respond to emergencies–all essential aspects of today’s demanding marketplace.”

“It is an honor and privilege to have this opportunity to work hand-in-hand with Dr. Todd to build FacilityONE into a world-class business,” FacilityONE CEO Dale Cain said. “Our mission is to provide our customers with asset management solutions to establish, measure and maintain more effective management of their facilities…from board room to the boiler room.”