Pearson resigns as SBC Executive Committee CFO

NASHVILLE (BP)—Jeff Pearson will end his tenure as chief financial officer of the Southern Baptist Convention Executive Board on Feb. 15.

Pearson made the announcement to Executive Committee Chairman Rolland Slade in a Jan. 25 letter.

In the letter, Pearson was adamant in his support for the current investigation of the Executive Committee amid allegations of mishandling claims of sexual abuse. He cited the changing landscape at the agency for his departure.

“I have always been and I remain fully in favor of the current investigation of the Executive Committee,” he said. “I am committed to fully cooperate and have instructed our staff and those assisting the Executive Committee with this investigation to fully cooperate.

“To my knowledge and everything I have witnessed indicates everyone associated with the Executive Committee staff and those assisting the Executive Committee have fully complied with these instructions.”

Hailed as ‘man of tremendous integrity’

Slade called the resignation unexpected and noted Pearson “is a man of tremendous integrity who has served the SBC and the SBC Executive Committee with distinction over these last 15 months.”

“Jeff has been an inspiration as a servant leader and demonstrated who he is in Christ,” Slade said.

Pearson led the rapid response in relocating the 2021 SBC Annual Meeting in Nashville due to a change in COVID-19 restrictions. The venue shifted from the Gaylord Opryland Resort & Convention Center to the Music City Center just 70 days before the meeting which drew nearly 20,000 people.

Lynn Richmond, Executive Committee meetings and events manager, said Pearson has been “above reproach” and has “empowered us to do our jobs to the best of our abilities.”

Latest in a series of resignations

Pearson’s resignation is the latest of several among Executive Committee members and staff. Since September, 15 Executive Committee members have resigned, including two officers. President/CEO Ronnie Floyd and Executive Vice President Greg Addison also submitted their resignations, effective Oct. 31.

Pearson told the staff his decision to remain in the post until Feb. 15 stems from his “personal conviction that a CFO of integrity should not leave an organization at the end of a fiscal year but remain until the external audit is finished.”

The first draft of the Executive Committee audit was scheduled to be presented to officers on Jan. 31.

The auditor’s final report will reflect any impact brought on by Guidepost’s investigation.

“The staff work is done, and the auditors are determining the nature of the opinion and any notes related to the investigation and the waiver of attorney-client privilege,” he said.

Praying SBC ‘will find a way forward’

Pearson further noted a commitment to see through the initiation of the review by Guidepost Solutions approved by messengers at last year’s annual meeting. All requested documents have been submitted to the organization, he stated, and interviews with Executive Committee staff either have occurred or been scheduled.

Pearson was named to the position on Sept. 22, 2020, after serving 24 years at St. Jude’s Children’s Research Hospital in Memphis, including 15 years as CFO. A transition process began the following month alongside his predecessor, Bill Townes, who retired at the end of that year.

Pearson expressed hope for the SBC’s future.

“My prayer is the Southern Baptist Convention will find a way forward,” he said, “producing recovery, reconciliation and healing so we can once again turn our full focus to the work of the Great Commission.”