# LCMS Convention Workbook_St. Louis Missouri_2007_S203 # Machine transcription, uncorrected — CHI Digital Archive (demonstration) PROGRAM AND FINANCE 203 managing the ‘same, in ‘accordance with the terms of the instrument creating such gift and in accordance with the policies of of-Direetors-of The-Lutheran-Chureh—Misseur-Synedboard Board for University Education/Concordia University System 4-34 To Encourage Corporate America to Reduce CEO Compensation WHEREAS, Capitalism allows the marketplace to set wage rates and to reward employees with great responsibility and/or great abil- ities with commensurate pay; and WHEREAS, A report from the Institute for Policy Studies/United for a Fair Economy “Executive Excess 2006” (www.faireconomv.org/ reports/2006/ExecutiveExcess2006.pdf) shows that average chief executive officer (CEO) pay for 350 leading U.S. corporations was $11.6 million versus an average worker pay of $28,314 for 2005 (pp. 30, 32) and that the CEO-worker pay gap has risen from 42-to- 1 in 1980, to 107-to-1 in 1990, to 411-to-1 in 2005 (p. 1); and Wuereas, J. P. Morgan, eminent business leader of 100 years ago, “considered 20-to-1 the appropriate pay gap between workers and CEOs,” and, more recently, “Peter Drucker, the esteemed founder of modern management science who passed away last No- vember, advocated the same 20-to-1 ratio” (p. 41); and WHEREAS, Business Week already in 1997 “declared executive pay ‘out of control’” (p. 33), and numerous articles over the last two decades have reported on excessive CEO compensation; and Wuereas, While average CEO compensation is up almost 300 percent since 1990, after adjusting for inflation, the average worker has received less than 5 percent in pay raises over the same period, and the minimum-wage worker pay has dropped over 9 percent in real terms (p. 30); and WHEREAS, Corporate shareholders have been unable or unwill- ing to control these excessive salaries; and WHEREAS, Jesus summarizes the second table of the Law with “Jove your neighbor as yourself” (Matt. 19:19), and John the Baptist exhorts, “The man with two tunics should share with him who has none” (Luke 3:11); therefore, the child of God works diligently “as working for the Lord,” (Col. 3:23), not hoarding up “treasures on earth, where moth and rust destroy” (Matt. 6:19) but working so he/she has “‘something to share with those in need” (Eph. 4:28); and WHEREAS, God’s children are the salt of the earth, letting their light shine in this dark world; therefore be it Resolved, That LCMS pastors continue to teach and encourage biblical stewardship that looks for opportunities to share the bounty we have in the United States with those in need rather than hoard- ing up wealth; and be it further Resolved, That the Synod urge its members to speak out pub- licly as they have opportunity against these corporate excesses; and be it further Resolved, That the Synod go on record as encouraging corpo- rate America to reduce the excessive CEO-worker pay ratio; and be it finally Resolved, That the Synod encourage Congress to enact legisla- tion to help reign in excessive CEO compensation, such as “Rep. Barney Frank’s Protection against Executive Compensation Abuse Act, HR 4291, [which] requires that companies put in place plans to recapture compensation that is inappropriate or based on fraud” (p. 38) and “The Income Equity Act, legislation introduced by Min- nesota Congressman Martin Olav Sabo,” which “would eliminate corporate tax deductions on any executive compensation that ex- ceeds 25 times the pay of a company’s lowest-paid workers” (p. 39). Circuit 13 Forum North Wisconsin District 4-35 To Mandate Bylaw Compliance in Communication Practices WHEREAS, The Board for Communication Services is directly responsible, as mandated by Synod Bylaws, to “authorize and su- pervise the production of the necessary print and broadcast materi- als for the church and its publics” (Bylaw 3.8.5.2.2 [a]); and WHEREAS, The Board for Communication Services has identi- fied many instances of Synod communications services and staffing (e.g., Web site management and production of printed materials) being assumed by other individual entities of Synod, thus bypass- ing the authorization and supervision of the BCS, as mandated by the Synod Bylaws; and WHEREAS, Current practices of various entities of Synod that do not follow the Synod Bylaws with regard to communications are failing to present our Synod’s message and identity in a unified manner to the public, as has been noted by independent public re- lations and advertising consulting firms; and WHEREAS, Such matters as copyright and trademark monitor- ing, bulk ordering, and contractual negotiations with communica- tions firms would best be managed by the professional staff of the Board for Communication Services; and WHEREAS, The stewardship of Synod resources could be more efficiently and effectively managed if resources and expertise were consolidated under the BCS instead of having each Synod board and staff engage personnel and purchase materials and services in preparing its own communication materials; and Wuereas, All Synod materials with theological content are cleared with doctrinal review before being made available to the public; and WuereEsS, All Synod materials intended to disseminate infor- mation to the public should be supervised by. the Board for Com- munication Services, which bears the ultimate responsibility for co- ordinated and effective communication as directed by the Synod Bylaws; and WHEREAS, The realignment of communication and publication services necessary to comply with the Synod Bylaws—that is, the coordination, efficient administration, and effective and consistent production of information and materials under the supervision of the BCS—needs to be accomplished in an orderly fashion; there- fore be it - Resolved, That the Synod in convention instruct all boards and staffs to bring their communication practices into line with the By- laws of the Synod during the next triennium. Board for Communication Services 4-36 To Change Appointment Process for Director of News and Information Services WHEREAS, Synod Bylaw 3.8.5.2.3 (c ) currently reads as fol- lows: “The Director of News and Information Services, who also serves as executive editor of the Synod’s official periodicals, shall be appointed by the Board for Communication Services from a list prepared by that board and approved by the Council of Presidents”; and : WHEREAS, The position of Director of News and Information Services (DNIS) has been vacant since April 12, 2005, a period of over two years; and Wuereas, In July of 2005, questions arose concerning “(1) the conformity of Human Resources policies of the Synod to the Con- stitution, Bylaws, and resolutions of the Synod; (2) the relationship between policies of an agency of the Synod and the Human Re- sources policies of the Synod; and (3) the responsibility of agen- cies of the Synod to follow’ Human Resources policies of the Synod.” The President of the Synod then took the following action: “Therefore, in fulfillment of the responsibility of the President of the Synod to assure that all agencies of the Synod, including the