Former LifeWay CEO Thom Rainer reaches settlement with publishing house
(Photo by Bill Bangham, courtesy of Baptist Press)
LifeWay Christian Resources, the publishing arm of the Southern Baptist Convention, announced on October 6 that it had reached an “amicable” out-of-court agreement with former president and CEO Thom Rainer.
The agreement required Rainer, who had signed a book deal with a competing Christian publisher, to refrain from publishing his book until November 2021, when his noncompete clause with LifeWay expires.
“Our prayer has always been that this could be resolved between LifeWay and Dr. Rainer amicably,” Todd Fannin, chairman of LifeWay’s board of trustees, said in a statement. “We’re thankful Dr. Rainer agreed to honor his word and commitment to LifeWay.”
