December 13, 2023
UL Research Institutes Announces Retirement of President and CEO Terrence R. Brady
EVANSTON, Ill. – Dec. 13, 2023 – UL Research Institutes, a global leader in safety science research, announced today that Terrence R. Brady, president and chief executive officer, will retire at the end of the year following more than 12 years of service within the UL enterprise.
Brady joined UL in 2011 as senior vice president and general counsel and became senior vice president and chief commercial and legal officer in 2015. In 2018, he was appointed president of Underwriters Laboratories with responsibility for leading its operations, strategy and growth. In 2020, Brady became president and CEO of Underwriters Laboratories as well as a trustee of the organization.
Under Brady’s leadership, Underwriters Laboratories expanded its safety science research and standards development capabilities, launched new initiatives to address emerging and complex safety challenges and strengthened the organization’s collaboration with stakeholders and partners around the world. Brady also oversaw the transformation of the organization’s governance, structure and brands to reflect and clarify the unique role that each organization plays in working for a safer world. In 2022, the UL enterprise launched two independent nonprofit organizations — UL Research Institutes (ULRI) and UL Standards & Engagement (ULSE) — and rolled out new brands for ULRI, ULSE and the enterprise’s testing and certification organization, UL Solutions. Brady, who also served as ULSE’s board chair, will step down from that position as well.
“Terry has been both a visionary and an inspiring leader who has made a lasting impact on our organizations and the safety of society,” said James M. Shannon, chair of the ULRI board of trustees. “We are grateful for his dedication, passion and contributions to our public safety mission and wish him all the best in his retirement.”
“It has been an honor and a privilege to serve these remarkable organizations and work with so many talented and committed colleagues,” Brady said. “I am proud of what we have accomplished together and confident that UL Research Institutes and UL Standards & Engagement will continue to make the world a safer place through their safety science research, standards development and advocacy efforts.”
The ULRI board of trustees has initiated a search to identify Mr. Brady’s successor.
About UL Research Institutes
UL Research Institutes is a nonprofit research organization dedicated to advancing public safety through scientific discovery. Since 1894, our research has advanced our mission toward a safer, more secure and sustainable future. Focused on global risks from fire mitigation and air quality to safe energy storage and digital privacy, we conduct rigorous independent research, analyze safety data and partner with experts to uncover and act on existing and emerging risks to human safety.
About UL Standards & Engagement
UL Standards & Engagement is a nonprofit organization that translates safety science into action through standards development, partnerships and advocacy. Since 1903, we have developed nearly 1,700 standards and guidance documents for products ranging from fire doors to autonomous vehicles. ULSE enables innovation and grows trust by convening experts and informing policymakers and regulators as we work toward a safer, more secure and sustainable future.