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20 Jan 2021

(RNS) — First it sued its former CEO. I regret to inform you that @LifeWay has gone back on their word and will continue with their lawsuit against @ThomRainer. "We’re thankful Dr. Rainer agreed to honor his word and commitment to LifeWay, which has been our goal from the beginning. It is understandable that … Thom Rainer is one of LifeWay’s cash cows, likely alongside Beth Moore. He is the founder and CEO of Church Answers, an online community and … But Rainer left earlier than that because the CEO search went relatively fast and Rainer … Thom Rainer, who announced his plan to retire as president and CEO in 2018, still serves as chief advisory officer for LifeWay. Photo by Chad Baumer, courtesy of LifeWay. Thom S. Rainer has authored more than a dozen books addressing church health and growth and pastoral leadership. For example, a dispute between former Lifeway CEO Thom Rainer and Lifeway’s current management and trustees revealed Lifeway paid Rainer over $1,000,000 in severance. Rainer… Rainer's transitional contract was put in place after he announced in August 2018 his plans to retire. He is the author of several best selling books, including I Am a Church Member, named a CBA #1 Best Seller and Monthly Best Seller. LifeWay lawsuit against former CEO Thom Rainer remains on file Thom Rainer, who announced his plan to retire as president and CEO in 2018, still serves as chief advisory officer for LifeWay. Thom Rainer, who announced his plan to retire as president and CEO in 2018, still serves as chief advisory officer for LifeWay. Last year, LifeWay announced plans to close all its retail stores and in April said it will cut roughly 10% of its $281.3 million operating budget through staff reductions, a hiring freeze, and salary cuts. Will you help? "Rainer has agreed to honor the transition agreement, including the non-compete clause. But now LifeWay Christian Resources, the Southern Baptist Convention’s publishing arm, appears to be going ahead with a lawsuit against Thom Rainer, its former president and CEO, for violating a noncompete clause in his contract. “LifeWay is mitigating these losses as much as possible through various expense reduction plans, including staff reductions and cuts in non-employee expenses.”, The lawsuit against Rainer is likely the fallout of that financial crunch. As president-elect, Rainer will begin working alongside LifeWay … Meet Thom Rainer, Founder, CEO, & Lead Coach at Church Answers. LifeWay Christian Resources President Thom S. Rainer introduced to Southern Baptists MinistryGrid.com, a subscription-based, online leadership development platform that … 1. The LifeWay corporate offices in Nashville. UPDATE: LifeWay Christian Resources has decided not to proceed with a breach of contract lawsuit against the SBC entity’s former president Thom Rainer, but will instead seek to resolve … Thom Rainer announces retirement from LifeWay - Baptist Press Thom Rainer reportedly breached his contract, which barred him from doing business with any LifeWay competitors until October 31, 2021. Under terms of a transition agreement, he was prohibited from working with a competitor for 12 months after his retirement, LifeWay … What is St. Matthew’s, the church Biden will attend on Inauguration Day? In a joint statement released Tuesday, the Southern Baptist Convention's publishing arm and Rainer announced they have reached an amicable resolution. LifeWay Christian Resources President Thom S. Rainer introduced to Southern Baptists MinistryGrid.com, a subscription-based, online leadership development platform that will have … On Thursday, Rainer told RNS he had been returning his salary for the past four months at Mandrell’s request. The back and forth may be part of a bigger problem for the LifeWay board of trustees: the Christian publisher’s steep financial challenges. With nearly 40 years of ministry experience, Thom S. Rainer has spent a lifetime committed to the growth and health of the local church and her leaders. Digital. During his tenure, LifeWay sold its former downtown Nashville campus and moved to its new headquarters just blocks away. But a clerk at the Williamson County court said the lawsuit has not been withdrawn as of Friday afternoon. If Thom Rainer’s could say is true, then LifeWay did this reinventing with way less money from their denomination. That’s a lot of money to pay someone who presided over the collapse of Lifeway’s … LifeWay filed a lawsuit Monday in Williamson County, Tennessee, chancery court, alleging Rainer had violated his transition agreement with LifeWay by publishing with a … He has agreed not to move forward with his business partnership with Tyndale House Publishers, which was a violation of his non-compete agreement," the statement said. LifeWay Christian Resources has resolved its dispute with Thom Rainer out of court after suing the former president for breach of contract. The complaint accused Rainer, who founded Church Answers, of violating his transitional contract with LifeWay by partnering with Tyndale, a Christian publisher and LifeWay competitor. The resolution comes about a week after LifeWay sued Rainer in Williamson County Chancery Court. His bestselling books and other projects make a lot of money for LifeWay. In 2006, Rainer became the ninth president of LifeWay, which is based in Nashville. Under terms of a transition agreement, he was … Use of and/or registration on any portion of this site constitutes acceptance of our. All rights reserved. LifeWay has agreed to withdraw the lawsuit and the appropriate paperwork is expected to be filed Wednesday, said Carol Pipes, LifeWay spokeswoman. Yes, $1,000,000. But now LifeWay Christian Resources, the Southern Baptist Convention’s publishing arm, appears to be going ahead with a lawsuit against Thom Rainer, its former president and … “LifeWay stands to lose tens of millions of dollars of revenue that the organization would normally generate over the summer months from camps, events, VBS, and ongoing curriculum sales,” Ben Mandrell, LifeWay’s CEO, said in a news release at the time. In a joint statement released Tuesday, the … Bible Studies for Life: Connected - Bible Study Book. https://sbcvoices.com/breaking-news-from-lifeway-thom-rainer-to-seek-peace Rainer, a best-selling author himself, also runs a business called Church Answers. Then it said it would seek a negotiated settlement. The settlement agreement comes after discussions Monday. Thom Rainer, who announced his plan to retire as president and CEO in 2018, still serves as chief advisory officer for LifeWay. Thom S. Rainer Founder, CEO, & Lead Coach Over the past several years, many pastors and church leaders have started hiring consultants to help them wade through a variety … ), Then on Wednesday, Todd Fannin, chair of LifeWay’s board of trustees, issued an update saying that “both parties are currently exploring the possibility of an agreed upon resolution of the differences.”. Under terms of a transition agreement, he was … https://t.co/dhoYGIIS02, — Sam Rainer (@SamRainer) October 2, 2020. Prior to founding Church Answers, Thom served as president and CEO of LifeWay … Under terms of a transition agreement, he was … "I am grateful to have this resolution between LifeWay and me. This role is slated to end on Oct. 31, the lawsuit states. READ: Southern Baptist publisher LifeWay halts suit against former CEO Thom Rainer. Rainer stayed on through the transition and is currently LifeWay's chief advisory officer. Thom S. Rainer is an American writer, researcher, speaker, and former president and CEO of LifeWay Christian Resources, an entity of the Southern Baptist Convention in Nashville, Tennessee. Under terms of a transition agreement, he was prohibited from working with a competitor for 12 months after his retirement, LifeWay … Then by Friday, LifeWay Christian Resources, the Southern Baptist Convention’s publishing arm, appeared to be going ahead with a lawsuit against Thom Rainer, its former president and CEO, for violating a noncompete clause in his contract. Kenneth A. Weber, the lawyer representing LifeWay, did not return repeated phone messages. READ: Southern Baptist publishing arm, LifeWay, announces cuts due to COVID-19. All rights reserved. The non-compete clause is valid until Oct. 31, 2021. And Rainer’s son, Sam Rainer, wrote in a tweet that LifeWay “has gone back on its word and will continue with their lawsuit.”, Please, please pray. The trustees and Dr. Rainer are looking forward to putting this behind us.". In addition, LifeWay was exploring the sale of its Ridgecrest Conference Center and Summer Camps near Asheville, North Carolina. Released Tuesday, the thom rainer, lifeway Baptist publishing arm, LifeWay sold its former downtown campus! Trustees and Dr. Rainer are looking forward to putting this behind us... Bible Studies for Life: Connected - Bible Study Book Friday afternoon @ tennessean.com or and... County court said the lawsuit and the appropriate paperwork is expected to filed... 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