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via BCNN1:

Amid “widespread concerns over the direction” of Moody Bible Institute (MBI), the historic Chicago school announced today that President J. Paul Nyquist and Chief Operating Officer Steve Mogck have resigned, while Provost Junias Venugopal has retired.

“Let there be no mistake that the Board of Trustees holds these three men in high regard for their ethical, moral, and spiritual leadership,” stated Randy Fairfax, chair of the board of trustees. “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.”

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