Baptist Seminary of Kentucky’s first president, Greg Earwood, will retire this summer, the Georgetown seminary announced.
Earwood will retire effective July 31 because of health concerns but will remain as a consultant until October, according to a news release.
The Georgetown seminary also announced its largest-ever pledge from a single donor, $1 million from an anonymous donor who will give half as an estate gift and half over the next five years. The money will establish an endowed office of the president named for Earwood and his wife, Nell, the release stated.
Earwood, a pastor, has been with the seminary since 2001; the first classes were offered in 2002.
The seminary initially was located at Calvary Baptist Church in Lexington. It was housed on the campus of Lexington Theological Seminary from 2005 to 2010, when it moved to the campus of Georgetown College.
Earwood said in the release that he has accomplished his three main goals for the seminary: accreditation, a stable financial base and more collaboration with “churches, cooperative organizations and institutions and the larger Christian family.”
The school’s board is scheduled to take up the topic of a search committee for a new president at its June 20 meeting.