Todd Davis | |
|---|---|
| Born | Richard Todd Davis 1968 (age 56–57) |
| Nationality | American |
| Alma mater | Baylor University |
| Occupation(s) | Cofounder, chairman, and CEO |
| Known for | LifeLock |
Richard Todd Davis (born 1968), also known as Todd Davis, [1] is an American businessman. He is the co-founder of LifeLock, an American identity theft protection company based in Tempe, Arizona, [2] [3] that became a subsidiary of Symantec in 2017. [4]
Davis received his Bachelor of Business Administration in entrepreneurship and management from Baylor University in 1990. [5] [4]
After graduating from Baylor, Davis served on executive management teams of several technology startups. He joined Dell in 1992, where he signed clients such as 3M. [6] Davis became a member of the President's Elite Circle and received the Dell Vision Award while with the company. [7] In 2002 Davis started his own business, Marketing Champions, where he served as CEO and worked with teams from NASCAR and the Indy Racing League (now known as the IndyCar Series). [4] [8] [9]
In 2005 Davis and Robert Maynard Jr. cofounded LifeLock, [10] a personal fraud protection company. [11] Davis served as CEO of LifeLock since its founding. As part of a marketing campaign to promote his company's credit monitoring services, Davis posted his social security number [12] (457-55-5462) on billboards and commercials. As a result, he was a victim of at least 13 cases of identity theft between 2007 and 2008, belying LifeLock's claims that its services protect consumers against identity theft and fraud. [13] The Federal Trade Commission imposed a $12 million penalty on the company for deceptive advertising, likening Davis and LifeLock marketers to "con artists." [14]
In 2010 the company ranked eighth on Inc.'s 500 list. [15] In 2012 Davis took the company public. By 2014 LifeLock had over 3 million subscribers and 700 employees. [16]
In January 2016 Davis resigned as CEO of LifeLock; he became executive vice chairman of the Board of Directors on March 1, 2016. LifeLock became NortonLifeLock in February 2017. [17]
Davis is a regular speaker at conferences and other events. In April 2013 he was a speaker at the Startup America Summit in Phoenix, Arizona, [18] the Silicon Desert December Meetup, and the company also presented a free Identity Theft Summit for local law enforcement officials in Arizona. [19] Davis presented at the 2014 South by Southwest Online Privacy: Nuclear Meltdown or NextGen Fuel discussions. [5] He was selected to speak at the 2014 Global Ethics Summit, [20] and participated in the 2014 Inside the Reporter's Notebook event for the Phoenix Business Journal. [16]
Davis has contributed to Forbes and HuffPost (formerly The Huffington Post) with identity theft protection advice for individuals. [21] [22]
Davis, through LifeLock, contributes to Conquer Paralysis Now and serves on the board of directors. [6] The foundation, founded in 2001, works to find a cure for paralysis. [23] He is an honorary advisor of the National Organization for Victim Assistance as well as an honorary board member for BioAccel. He is also on the board of directors for the Boys & Girls Club of Greater Phoenix. [24] [25] [26]
Davis won the Ernst & Young Entrepreneur of the Year for Top Emerging Company for Orange County and Desert Cities in 2009. [27] He was also awarded CRM Magazine 's Service Elite Award, the Arizona Business Leadership Association's Leadership Award, and listed in Arizona Business Journal's 25 Most Admired CEOs in 2009. [7] [26]