Press Release from the Office of Senate Speaker Ron Ramsey, Aug. 3, 2011:
(Nashville) – Lt. Gov. Ron Ramsey today announced the appointment of Phil M. Baggett to the board of directors of the Tennessee Housing Development Agency (THDA).
“I enjoy placing business owners and entrepreneurs in a position to impact their community and their government for the better,” said Lt. Gov. Ramsey. “Mr. Baggett’s extensive experience in starting, owning and operating businesses will be a great asset to the agency.”
An experienced entrepreneur and executive, Baggett has founded or co-founded no less than four successful companies.
He is the former president of Community Education Partners, a for-profit education company that provides dropout prevention and disciplinary alternative programs for charter schools in four states. Prior to overseeing the start-up of that business, Baggett was a founder and CEO of Hyperglot Software Company where he successfully marketed the first tutorial product using digitized sound to teach students foreign languages.
Mr. Baggett has also served as President of the Foreign Language Division of The Learning Company, Executive Vice President of Man Wing Company, Inc. and President of United States Slate and Marble, Inc.
Currently, Baggett is working to expand operations at his family farm located in Cheatham and Montgomery counties to include grass-fed beef.
Baggett received his Bachelor of Science and Masters of Business Administration degrees from the University of Tennessee.
Established in 1973 by the General Assembly, the Tennessee Housing Development Agency was created to promote the production of more affordable new housing units for very low, low and moderate income individuals and families in the state, to promote the preservation and rehabilitation of existing housing units for such persons, and bring greater stability to the residential construction industry and related industries so as to assure a steady flow or production of new housing units.”