Moody Bible Institute Board Accepts Resignations of President Nyquist, COO Mogck, and Retirement of Provost Venugopal

Over at the Broken Twig blog, news of resignations and a retirement has been posted via an email about the senior leadership of Moody BibleMBI logo Institute. The email from the student development office also has been posted several places around the web by now, and I have it here below. In short, the Moody Board of Trustees has accepted the resignations of president Paul Nyquist and chief operating officer, Steve Mogck; and the retirement of provost Junias Venugopal.

This news follows the firing on Monday of Moody radio personality Julie Roys after she after she raised concerns about various financial and personnel issues at the Bible college.

From: stdevel <studentdevelopment@moody.edu>
Sent: Wednesday, January 10, 2018 6:49 PM
Subject: Statement from Moody Board of Trustees
To: students <students@moody.edu>

Dear Moody Family,

On behalf of the Board of Truste​es, let me thank you for your service to Christ, your dedication to Moody Bible Institute, and commitment to be in prayer for the ministry at this time. We often refer to the Moody family, which is how we see all of you.

We apologize for coming to you so late in the day, but given the nature of the news we are sharing, we felt it best to communicate with you as soon as possible.

As you know, the Board of Trustees has been discussing issues related to widespread concerns over the direction of Moody. Today, we accepted the resignations of President, Dr. Paul Nyquist; Chief Operating Officer, Steve Mogck; and the retirement of Provost, Dr. Junias Venugopal.

Let there be no mistake that the Board of Trustees holds these three men in high regard for their ethical, moral, and spiritual leadership. They are godly, honorable men to whom we entrust to the Lord and offer our deep gratitude for their years of faithful service to Christ and to Moody. However, we are unanimous in our decision that it is time for a new season of leadership. I ask that you be in prayer for them and their families.

While we begin to develop plans for a nationwide search and prayerfully seek the Lord’s direction for these important positions, we are encouraged that the Lord has provided a strong leadership team to step into these roles in the interim.

Greg Thornton, Senior Vice President of Media, will serve as Interim President during our search.

Mark Wagner, a member of our Board, who is former president of, and now a consultant to, Walgreen’s, will serve as Interim Chief Operating Officer.

In addition, Dr. John Jelinek, Vice President and Dean of Moody Theological Seminary, will serve as Interim Provost.

Understandably, there are many questions at this time. Please know that we are working diligently through everything, and will stay in regular contact with you first, our Moody family, and with our many partners and friends as well.

I ask for your prayers for the Board, our interim leadership team, and the entire Moody community during this next season. God has been faithful to Moody since 1886, and we continue to seek His favor as we move forward.

MoodyGlobalMinistries_PC
Randy Fairfax
Chair, Board of Trustees

For background on the controversies at Moody, see this post from yesterday, Julie Roys blog, and the Broken Twig blog. I have reached out to Moody Bible Institute and Moody Radio Network without response to messages and voice mails.

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