| FOR IMMEDIATE RELEASE
LAKE TAPPS, Wash., March 2, 2026
FairBuild AI today announced that founder Kendall Hoyd has assumed the role of full-time Chief Executive Officer as the company prepares for its March 31, 2026, Gen2 launch.
From its inception, FairBuild AI has been driven by Hoyd’s vision to change how subcontractors and construction material suppliers understand, negotiate, and manage contractual risk. With decades of experience owning and operating subcontracting and building materials manufacturing companies, Hoyd identified the need for the platform based on firsthand experience with the time required to read and negotiate agreements, as well as the financial consequences that can arise from one-sided contract language and unmanaged risk.
“Subcontractors and suppliers often start losing margin on the project when they sign the agreement,” Hoyd said. “It happens in the fine print and the dense legal jargon. FairBuild exists to give them clarity before they sign—so they can protect both their balance sheets and their margins.”
Gen2 is expected to expand FairBuild AI’s contract review capabilities and improve the user experience for subcontractors and suppliers.
Cheryl Lewis, who has served as interim CEO since January 2025, will transition to Chief Operating Officer. Lewis has played a key role in the company’s early growth and operational maturity. Formerly the owner-operator of a turnkey framing and truss manufacturing plant in Reno, Nevada, and a practicing attorney and Certified Public Accountant, Lewis led the company through its formative stages, including building the product and training the analysis model, while establishing governance structure, operational rigor, and a customer-focused culture. |