Wilbur Terry Woodward graduated from the College of Commerce in December 1963, completing the curriculum in Industrial Administration, having earned 75 percent of his college expenses working as a draftsman. A native of Owensboro, Terry was a member of the Society for the Advancement of Management, the American Marketing Association, and Sigma Nu Social fraternity while he was in college.

Terry is currently the President and CEO of WaxWorks - VideoWorks. Video Works. At the time of his induction, he was a board member of the International Bluegrass Music Association and was the Association's Chairman during the first three years of its existence;board member of the Country Music Association; and board member and treasurer of the National Association of Recording merchandisers.

Mr. Woodward has long been of service to his community. From 1974 until 1984 he was a Board Member of the Family YMCA and was its President from 1980 until 1982. He served as Director of the Chamber of Commerce in 1980 - 1982 and again from 1985 until 1986. He was City Business Chairman for the United Way in 1982 and in 1983 graduated from the Leadership Owensboro program. He was a Board Member of the Kentucky Education Foundation from 1986 until 1991 and a Board Member of RiverPark Center from 1987 to 1995 and its Chairman from 1987 until 1994. In 1987 he graduated from the Leadership Kentucky program and served as a Director of the Kentucky Chamber of Commerce from 1989 until 1992 and was a Trustee of the First Presbyterian Church for the same period. In 1994 Mr. Woodward graduated from the Leadership Music program in Nashville, Tennessee.

More recent community service and honors include: in 1988 he received the Mayors Award, in 1988 the Liberty Bell Award from the Daviess Country Bar Association, in 1988 he was named the Chamber Small Businessman of Year, and in 1989 he received the Heritage-Award from the Owensboro Board of Realtors. In 1990 INC magazine named him Entrepreneur of Year and in 1994 he received the William T. Young Community Service Award. The Chamber of commerce honored him with the Chamber's Economic Development Award in 1994 and in 1996 he was awarded an Honorary Doctor of Law's Degree by Kentucky Wesleyan College.

Terry has three children, Angela, Ashley, and Tara, and he and his wife, Jennifer, live in Owensboro.