Precept Ministries International announced a transition in key management roles today as founders Jack and Kay Arthur, although continuing in their other duties, officially step down in their roles as Co-CEOs of the ministry. David Arthur, Jack and Kay’s son, will assume the role of CEO.
Officials said, "This announcement will not come as a surprise to friends of the ministry; David’s succession has been part of a five-year business plan since 2008. David’s desire is to faithfully continue building on the solid foundation God laid using his parents over the past 41 years to establish people in God’s Word.
"During the past several years, David has been groomed to assume the role of CEO when God’s perfect timing for the transition was made clear to the ministry’s Leadership.
Precept’s Board of Directors and Executive Director and COO Tom Hall have been working deliberately to prepare David and believe God will use him to guide Precept into a bright future. David will continue with Precept’s mission to establish people in God’s Word through Precept’s innovative and highly effective Inductive Bible Study Method. Jack and Kay believe the best days for Precept Ministries lie ahead. Both Kay and Jack plan to continue their other roles as time allows.
"Jack has recently been diagnosed with Alzheimer’s disease and Kay desires to minister to her beloved husband and partner during this time."
To view a video message from Kay and David Arthur, visit Precept.org/PassingtheBaton