It has been discussed on several blogs, notably SBC Outpost, that there is a potential conflict of interest regarding Dr. John Floyd's election as chairman of the trustees of the International Mission Board. I emailed Dr. Floyd regarding this, and here is his response:
I am not sure what is meant by conflict of interest that some are discussing. It has been supposed that we receive a pension from the IMB. Any retirement funds for missionaries come from Guidestone, the same as any pastor or other agency employee. That is from funds already contributed for that purpose, not funds that are currently being provided. I have never served on a committee that has anything to do with benefits for emeritus missionaries.
In other news, Baptist Press is reporting today that the recommendation that the SBC elect leaders from churches who give 10% of their undesignated receipts to the Cooperative Program is being changed to delete the reference to 10%. The official statement of the officers of the Executive Committee said, "These recommendations never were intended to create controversy." Morris Chapman, President of the SBC Executive Committee, states in the article that "The mention of a specific percentage in the recommendations has generated so much discussion from a variety of perspectives that we felt a revision would allow all Southern Baptists, from churches large and small, to enthusiastically approve the report, including the nine recommendations."
Dr. Anthony Jordan, Executive Director/Treasurer of the Baptist General Convention of Oklahoma, chaired the ad-hoc committee responsible for the report. He expressed disappointment with the revision, but affirmed the leadership of Chapman and the officers of the Executive Committee.