In 1991, Boyd founded Radio Systems Corporation, a company that designs and manufactures pet products under various brand names, including PetSafe, Invisible Fence, and SportDOG.[2][3] Boyd sold Radio Systems Corporation to private investment firm Clayton, Dubilier, & Rice in 2020.[4]
In 2015, Boyd was appointed commissioner of the Tennessee Department of Economic and Community Development by Tennessee GovernorBill Haslam.[5]
Boyd is also known for his philanthropic efforts. He and his wife, Jenny, have contributed to various causes, particularly in education and animal welfare. The couple established the Boyd Foundation,[9] which supports numerous charitable initiatives, including the creation of greenways and public parks.[10]
The University of Tennessee Board of Trustees hired Boyd as interim president of the statewide university system in 2018.[11] He was named permanent president of the university on March 27, 2020.[12] Boyd's contract with the University of Tennessee system was extended to 2030 on June 27, 2024.[13]