How did he get involved with Decker College?
In 2002, Leeds Weld made a very bad business decision, buying a $30 million stake in a chain of truck-driving schools, Franklin Career Services, owned by Louisville brothers Gerard and Jeffrey Woodcox. The company collapsed within months. The Woodcox brothers promptly bought Decker College, and Leeds Weld compounded its mistake by exercising its right to buy a stake in that venture. Weld, the point man on the investment, joined the Decker board of directors and, in 2003, he became acting CEO. In January 2005 he officially took the CEO job and started spending much of his time in Louisville.
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