Grant Thomson Resigns as CEO of Bible Society Australia Following Significant Deficit Announcement

In a surprising turn of events, Grant Thomson, the former CEO of Bible Society Australia, has stepped down from his position after five years of leadership. This announcement comes on the heels of a staggering financial deficit of approximately AU$7.3 million (around US$4.5 million) reported for the fiscal year ending June 30, 2024. The news has left many in the Christian community pondering the future of the organization and the implications of Thomson’s departure.

The Bible Society Australia (BSA) issued a statement acknowledging Thomson’s resignation, expressing gratitude for his contributions during his tenure. However, the organization did not provide specific reasons for his abrupt exit. Simon Smart, the Chief Media Officer, has stepped in as the acting CEO while a search for a permanent replacement is underway.

The financial report released by BSA attributes the significant losses to issues with a new IT system implemented in September 2023, which negatively impacted retail sales. The report noted a drop in sales by AU$4 million and incurred additional costs of AU$2.6 million related to staffing and licensing. It seems that the transition to the new system was anything but smooth, leading to a challenging year for the organization.

Thomson’s leadership journey at BSA began in 2019, following a notable stint as the Global Chief Marketing Officer at Hillsong Church. His hiring was met with optimism, as many believed he possessed the necessary skills to guide the 200-year-old organization into a new era. Anne Robinson, the former chair of BSA, praised Thomson for his passion for God and the Scriptures, stating that he embodied the vision of the Bible Society.

However, Thomson’s tenure was not without controversy. His previous association with Hillsong Church, which has faced scrutiny over financial practices and governance issues, raised eyebrows. In 2023, allegations surfaced regarding financial misconduct within the church, including accusations of money laundering and extravagant spending. While BSA has distanced itself from these controversies, the shadow of Hillsong’s challenges lingered during Thomson’s leadership.

In April 2023, Thomson announced the closure of BSA’s news affiliate, Eternity News, citing financial constraints. This decision reflected the broader struggles the organization faced in maintaining its media presence amidst growing financial pressures.

As the search for a new CEO begins, the Christian community is left to speculate on the future direction of Bible Society Australia. With a rich history of promoting the Bible and supporting its mission, the organization now faces the dual challenge of restoring financial stability while continuing to fulfill its mission of sharing the Gospel.

For those interested in following the developments at Bible Society Australia, the organization’s official website offers updates and insights into its ongoing efforts. Additionally, you can find more information about the financial challenges faced by religious organizations in the current climate by visiting the Australian Charities and Not-for-profits Commission for comprehensive reports and resources.

As the story unfolds, many will be watching closely to see how Bible Society Australia responds to this significant leadership change and what it means for the future of its mission in Australia and beyond.