Shepard Bailey grew up in Dallas, Texas. He attended Brigham Young University where he earned a Master’s degree in Accounting with Tax emphasis in Brigham Young University’s Marriott School of Business. Over the course of 27 years, he worked in corporate tax for well-known Consumer Packaged Goods companies. His second career was as the founder and CEO of Timberline Gas.

Elder Bailey is a now a Senior missionary in the Salt Lake City Headquarters Mission. He and his wife, Tammi, serve as Success Coaches in the Student Success Center at Ensign College.

Elder Bailey and Sister Bailey have four children and three grandchildren.