Dr. Tim Cloyd served twelve years as president (2001-2013), and five years as vice president for development, communications, marketing, (e) presence, and government relations for Hendrix College. Dr. J. Timothy Cloyd stepped down from his administrative duties in 2013. Hendrix is a selective tier I Liberal Arts and Sciences College and is ranked among the top 70 colleges in America. However, Dr. Cloyd believes that the new models of higher education in the market require leaders with experience. He is interested in putting his entrepreneurial talents to work not only in these new innovative educational ventures, but also in other industries. After a sabbatical that ends in January 2014, he may return to his position as a full professor and continue his consultancy business: Cloyd and Associates, LLC. At present, he is also evaluating other leadership opportunities in these emerging new models of education delivery, but also in firms in other industries where he can put his training and experience to work to enhance competitiveness and to grow revenue. He is working on a book on leadership: How Good Leaders cultivate traits of Resilience, Inner Peace, and a Deep Sense of Life Mission – the Peculiar Case of Higher Education. His consulting firm focuses on Leadership, Executive, and Management Team Development; Individualized Executive Coaching; Leading Change Agendas; and on innovations, inspiration, and cultural changes essential to ensuring success in industries that experience unique market challenges and disruptions. The firms and institutions he works with are typically facing internal or external threats that prevent them for realizing maximum success. He is also an expert in fundraising and identifying capital financing inspired by firms that embrace institutional market differentiation and innovation. Those willing to innovate and change are lead by great leaders and that is why his focus is on identifying and cultivating the right kind of talent.
Cloyd is assisting and has assisted scores of for-profit, non-profit organizations, higher education institutions, and municipalities as they have worked to innovate, differentiate, respond to disruptive change to achieve success. His professional training, experience, and skill-set allows him to bring concrete actionable advice allowing institutions in these sectors to move quickly to gain momentum and to enhance visibility. He achieves this by working closely with leaders on change and innovation to increase revenue by introducing new or enhancing existing products or services through research based differentiation, the use of new technologies, and energizing new cultures of excitement and service among staff and associates.
A Record of Success
Cloyd has been at Hendrix College for 17 years. From 2001-2013 he served as president. He led the college to grow enrollment by over 50% and the tenure track faculty by 35%. He added a dozen new majors, doubled international enrollment, grew out of state enrollment to 60%, and added four new sports. His strategic vision and guidance resulted in the faculty creating a unique curricular program that became the critical differentiator for the college. This approach was universal and defining of the Hendrix experience. “Your Hendrix Odyssey: Engaging in Active Learning.” This and many other innovations made possible by Cloyd’s leadership brought national visibility and prestige to Hendrix College. By taking a good college in a non-destination state and making it a great college whose national recognition and brand overcame the geographical challenge, Cloyd achieve more than any president in the college’s history. “Prospective students,” Cloyd said, “do not typically wake up in their homes along the I-95 corridor and think to themselves, I ought to go to Arkansas to College. But what we did had such power that it made the old elite liberal arts colleges on the east coast wake up and take notice.”
Our team’s successes and stories about Cloyd’s innovative and entrepreneurial leadership were featured on the cover of the New York Times (above the fold) three times in one year and on the cover of the Education Section.
In addition, stories about the success of Hendrix and in particular about Cloyd’s leadership approach at a traditional and stellar liberal arts college were featured in numerous national publications: Money Magazine, The Atlantic Monthly, Readers Digest, Forbes, The New York Review of Books, U.S. News and World Report, USA Today, The Dallas Morning News, The Los Angels Times, The Washington Post, The Atlanta Constitution, The Miami Herald, The Philadelphia Inquirer, The Chicago Tribute, and The Detroit Free Press. Bloomberg, Reuters, and the Associated Press distributed these and other stories.
Particular innovations, accomplishments, and the Odyssey Program were broadcast nationally on CBS, NBC, ABC, CNN, ESPN, and NPR, as well as, covered by local and regional media outlets. Innovations and ideas that were put into action under Cloyd’s leadership also received international coverage by outlets such as: In2EastAfrica, The New Times of Rwanda, IRwanda, Pan-African News, Belgian Radio, Television, and Film, De Standaard in Belgium, and Harbin in Pulse in Harbin China.
For the last five consecutive years Hendrix College has been ranked the number one most innovative college in the United States. The former editor of the education section of the New York Times has featured Hendrix on an annual basis for over 15 years in an influential book: Colleges that Change Lives.
The results Cloyd has achieved working with the Board of Trustees has been recently featured in a book. Leading Change: How Board’s and President’s build exceptional Academic Institutions. By Terrence MacTargaart, The Association of Governing Boards of Colleges and Universities Press, 2011.
Over the past 17 years Cloyd has raised nearly $170 million for the endowment, for numerous academic programs and for capital projects. This has included 17 new buildings, the conversion of all residence halls to geo-thermal, the construction of a new Gold LEED certified Student Life and Technology Center, new three building art center, a Wellness and Athletic Center and all new related athletic facilities, the building of new student housing, and a Center for the Hendrix-Murphy Foundation.
Dr. Cloyd increased the prosperity of the college by differentiating, internationalizing, and innovating, – including the introduction of new technology. This produced demand and prestige and led to significant growth in enrollment, but also in total revenue and revenue per student. This produced increases in net revenue from 2001-2010 by more than 52%, while at the same time growing enrollment, diversity, and the quality of the students. The endowment of the college experienced ups and downs with the recessions of 2002 and 2008. Despite a more than healthy average draw on the core endowment of about 6% from 2001-2013 we actually grew the endowment. The long-term debt grew significantly and we have been able to pay it down. Debt service when I left was higher than I wanted it to be nevertheless S&P in our 2012 rating gave us an A-. This was because we had a plan to continue to grow net revenue. Secondly, we had placed unrestricted gifts into a bond debt service fund and this assisted us in making debt payments. Unfortunately, it seemed to me that some Board members did not understand this strategy and conflated the core endowment and the debt service fund.
In a radically bold move, and based on empirical data the college raised its price in 2003 almost 25% in one year, but gave back a great deal of the increase in financial need based aid, merit awards, and Odyssey Distinction Awards based on students’ gifts talents, and passions. The result was a 43% increase in the first year class in one year.
In addition, Cloyd also raised 10s of millions of dollars for a middle class scholarship program.
Another signature program created by Cloyd, a Board member, and the Clinton Foundation was the Rwandan Presidential Scholars Program. A new revolutionary approach to international education, this program brings survivors of the genocide to 18 institutions to study math and science. Cloyd and the Board member have been able to get many of these schools to provide full scholarships and we now have over 190 Rwandan students receiving higher education through this program
Dr. Cloyd’s background, working as a national consultant, a college executive, and achieving unrivaled success as CEO in higher education in the context of change and challenging times have helped to place him in a position of high demand.
In addition, holding board positions on national higher education and not-for profit organization boards. Serving as a Director on Boards in Industry and for-profit enterprises and finally serving on the board of an international non-governmental organization has all given him a unique perspective as well as extensive networks from which to draw on for contacts.
Before coming to Arkansas in 1994, he worked in the administration and in fundraising at Vanderbilt University. He also had his own business as a consultant and worked in the 1994 Election Cycle as a paid consultant on statewide Senate and Congressional races. Currently, he has clients in Chicago, Virginia, the Gulf Coast of Mississippi, Tennessee, and North Carolina.
Until he was 15 years old Dr. Cloyd grew up on the Navajo Indian Reservation outside of Farmington New Mexico on the Navajo Methodist Mission School. In that environment his family worked with Tribal Officials and the BIA on numerous declared national disasters around the issues of crop failures and water shortages. Later in life his family relocated to Tennessee, his family’s ancestral home, where he worked on farms, for the Federal Agricultural Field Office, and other hard labor jobs to help make his way through college. During college, as his family were United Methodist missionaries; he worked hands on numerous relief projects. Growing up a missionaries’ kid meant leaning valuable life lessons about poverty, other cultures, hard work, and overcoming being judged because we got our cloths out of mission barrels.
Immediately following Katrina, in 2004, Dr. Cloyd under the guidance and financial support of Madison Murphy (our Board Chair), Rob Walton, and eventually the Mellon Foundation in New York organized and led student volunteers to buy materials and load trucks. Cloyd and others took four trips of six palletized tractor-trailer trucks of supplies and 1,000 gallons of gasoline and diesel fuel to Pass Christian Mississippi to a private relief operation organized by the Murphy’s and the Walton’s before FEMA arrived.
Innovative and Transformational Leadership
Dr. Cloyd is interested in the use of synchronous and asynchronous technology to lower cost and enhance productivity, training, and education in education and the private sector. When one considers the use of cutting edge technology, (i.e. mass on-line courses, classroom capture software, anytime-any-device technology, hybrid platforms, mobile applications, or virtual presence technology) the image of the traditional liberal arts college does not come immediately to mind. But Dr. Cloyd has worked hard explore how to integrate new technology into various corporate cultures.
At the University of Arkansas, Little Rock, Dr. Cloyd served on the Chancellor’s cabinet as Executive Director of Advancement. At this 11,000 student state university, he worked with Dean’s across 10 colleges and schools to coordinate development. He was the first centralized chief of development across all 10 colleges and learned a great deal about the balance of autonomy and diplomatic coordination.
Dr. Cloyd has also worked on developing mentoring programs and education programs to increase student and associate retention rates, creating certificate programs that develop pragmatic competencies.
In 2006, Dr. Cloyd led the college to embark on a for-profit real estate development venture. This new urban Village neighborhood has been designed by the firm Duany Plater Zyberg, led by Andres Duany, from Miami, Florida, who designed Seaside and Watercolor, as well as, numerous other national and international award-winning city plans.The entire build out of the Village calls for 600 dwellings with mixed use and commercial areas. Notwithstanding intense resistance from some on groups in the community, Dr. Cloyd’s leadership resilience and perseverance paid off. The Village has turned out to be a synergistic force creating revenue, ambiance, attracting new students, and allowing students to experience cosmopolitan urban life in a city of about 75,000. www.hendrix.edu/village/.hendrix.edu/village/
Part of this success was the introduction of roundabouts to Conway and to Arkansas.
Dr. Cloyd has an ability to find creative solutions to complex challenges. He has worked with local, state, and national government officials on distinctive issues in negotiating to find the right compromises to issues that have produced solutions. For example, working with city and state officials, the legislature, and the highway commission, he and the mayor of the city led the innovative adaption of the first roundabouts in the state of Arkansas. This solved traffic issues for the city and enhanced the college while satisfying the Arkansas Highway Commission and the Department of Transportation.
The state insisted on building a pedestrian tunnel under the new boulevard with the roundabouts and this dissected the campus. In response, Dr. Cloyd identified a world-class artist/architect/musician, Christopher Janney who works with Bryan Eno and David Byrne of the Talking Heads, to help solve the problem of having a tunnel on campus. He turned the tunnel into a Harmonic Passage with LED lights and harmonic bird and insect songs native to Arkansas that are all motion activated for safety. The acoustic quality is similar to a cathedral. Thus, Dr. Cloyd identified a team that could turn a liability into a learning space, tourist attraction, and point of destination for the city.
Professional and Academic Recognition
A professor of politics and international relations, Dr. Cloyd has taught courses at that have included: Irregular Warfare: Conflict and Security in the Contemporary Global Age; Cyber-war in the Digital Age; Political Theory and Leadership; War and Terrorism; The Classics and Leadership; Theories of International Relations; and Western Political Thought.
Before joining Hendrix, Dr. Cloyd was on the political science faculty at Vanderbilt University before going on the administration and development staff. He taught comparative and international politics. In his administrative role he coordinated programs among nine of Vanderbilt’s colleges and schools to develop interdisciplinary, certificate programs, and continuing medical education programs. He was part of the $400 million campaign for Vanderbilt.
He completed a post-doctoral fellowship in Europe with the Institute for the Study of World Politics. His work focused on trade agreements in military dual use technology. This involved research on technology and security issues with government and European officials, the Supreme Headquarters Allied Powers military and intelligence officials, and NATO officials.
Dr. Cloyd graduated magna cum laude with a double major in philosophy and political science in 1985 from Emory and Henry College in Virginia. Playing lacrosse and baseball, he was a Division III intercollegiate athlete. He earned an M.A. in 1990 and a Ph.D. in 1991 in political science from the University of Massachusetts, Amherst. During his time there, he also studied in the Isenberg School of Management in the areas of finance and management. Dr. Cloyd received continuing education at Harvard University in the area of Educational Management.
Nationally, he has served on the Board of the National Association of Independent Colleges and Universities and on the American Council on Education’s Commission on International Education. He serves on the Board of the International Student Exchange Program. He is currently vice chair of the Associated Colleges of the South, and he has served as chair of the Southern University Conference. President Cloyd has also been on the Board of Directors of The Village at Hendrix, LLC, a for-profit affiliated with Hendrix. He is on the Board of a not-for-profit NGO: Bridge to Rwanda.
His recent presentations and papers include: “The Use of Virtual Presence Technology in Teaching, Job Training, and Mentoring” for the Boards of Rollins College and Hendrix College; “Price, Discount, and Market Differentiation,” at the American Council on Education; “The President’s Role in College Turnarounds,” at the National Association of Independent Colleges and Universities; “Making the Case for Liberal Arts Education,” The Council of Independent Colleges; “Marketing, Branding, and Positioning in Higher Education,” The American Association of Governing Boards; and “Leadership, the Presidency, and the Liberal Arts,” The Phi Beta Kappa Lectureship.
Among President Cloyd’s academic publications are Politics and the Human Body, a book he and University of Chicago Political Philosopher Jean Bethke Elshtain edited (Vanderbilt University Press). Dr. Cloyd also edited The Gulf War and Just War: A Study Guide on the Persian Gulf War (Vanderbilt University, Program in Social and Political Thought). He is the author of numerous essays and speeches.
Examples of Dr. Cloyd’s Leadership Success
The College has approximately 1,500 students, and an 11-1 student/faculty ratio. Students’ average ACT scores are 29.8, average SAT scores are 1310, and average high school GPA ‘s of 3.9. 40% of Hendrix students major in the sciences. Twenty percent of Hendrix students receive Pell Grants. Hendrix’s athletic teams compete in the NCAA Division III as members of the Southern Athletic Association. The campus culture is typified as a progressive, democratic, demanding but supportive environment with earnest participation in academic life as the norm. The College is also known nationally for its commitment to engaged, hands-on, liberal arts and sciences experiences. This is manifested through the program that Cloyd envisioned and led the college to design titled – Your Hendrix Odyssey: Engaging in Active Learning.
As president of Hendrix College, Dr. Cloyd led an institution of over 450 dedicated employees on a net asset base of $375 million. S&P has given Hendrix an A- stable rating. Hendrix’s operating budget is $60 million. Sheltering a chapter of Phi Beta Kappa, the College is one of 16 members of the Associated Colleges of the South (“The Sweet 16”) and is classified by the Carnegie Foundation as a Baccalaureate I Arts and Sciences institution.
Distinguished by a student body of unusual academic strength and a scholarly faculty dedicated to undergraduate teaching, Hendrix has produced 6 Rhodes Scholars, 29 Watson Fellows, 25 Goldwater Scholars, 3 Truman Scholars, 2 Jack Kent Cook Scholars, 4 Rotary International Scholars, and 30 Fulbright Fellows. Since 2001 Dr. Cloyd added four new NCAA Division III intercollegiate sports (men’s and women’s lacrosse, field hockey, and football), bringing to 21 the number of teams Hendrix fields, twelve new majors, twelve endowed chairs, the single most powerful academic program – Odyssey, and numerous academic endowed centers. Forty percent of its students major in the sciences. The college has continuously grown its national stature.
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While Dr. Cloyd’s family roots are in the American South, he spent his formative years living on the Navajo Indian Reservation. His parents were the headmasters of the Navajo United Methodist Mission School in Farmington, New Mexico. Prior to this, his family lived and worked as missionaries in the Katanga, Democratic Republic of the Congo. Dr. Cloyd and his wife Wendy have three sons – Logan (18), Samuel (15), and Thomas (13).