CAROL STREAM, Ill. – Tyndale House Publishers (@tyndalehouse) has announced that Paul Mathews, Executive VP and CFO, will retire after 41 years at the company. Mathews joined Tyndale House in August 1977 as an accounting assistant. He was promoted to role of controller in 1979, to corporate vice president in 1982, and to his current role as Executive VP, CFO in 1998. Tyndale has also announced that Scott Mathews has been named as the new CFO.
“I am so thankful to have Paul as a friend, confidant, and adviser,” said Mark Taylor, Chairman and CEO. “If I have been successful leading this company over the past 40 years, it is largely because Paul has been at my side each step of the way. I’m glad that he’s willing to continue as a member of our board of directors.”
During his tenure at Tyndale, Mathews was instrumental in a number of critical business acquisitions and sales that set Tyndale on a course of long-term financial stability. In 1995, he orchestrated the transition from a defined-benefit retirement plan to the current 401 (k) plan. Mathews has played a key role in the development of Tyndale’s campus buildings as well as innovative fixed-income investments. He has also been involved with evaluating the content of book proposals, which is highly unusual for a CFO. In addition to the Tyndale board, Mathews has served on boards of Greater Europe Mission, College Church in Wheaton, and Wheaton Christian Grammar School.
Scott Mathews joined Tyndale in 2017 after spending 13 years (2005-17) in a variety of roles (Research Data Analyst, then Manager of Portfolio Administration and Research Management, then Associate VP, Administration and Research Data Management) at Calamos Investments in Naperville, Illinois.
Said Jeff Johnson, President and COO, of Mathews being named CFO, “Even though Scott has big shoes to fill, he has shown a great deal of wisdom, insight and creativity over this past year. His heart is also mission driven to see that Tyndale continues to serve our Lord. As a result, we are very thankful to have Scott step into Paul’s shoes.”
Scott Mathews is a graduate of Wheaton College with a bachelor’s degree in business and economics. He earned an MBA from Northern Illinois University and is a Chartered Financial Analyst with the CFA Institute.
Tyndale House Publishers, founded in 1962, is the world’s largest privately held Christian publisher of books, Bibles, and digital media. Tyndale has published many New York Times bestsellers. The largest portion of its profit goes to the nonprofit Tyndale House Foundation, which makes grants to help meet the physical and spiritual needs of people around the world. Tyndale was founded to publish Living Letters, which later comprised part of The Living Bible, a contemporary paraphrase of the Bible that became a global publishing phenomenon. Tyndale now publishes the Holy Bible, New Living Translation (NLT), the translation of choice for millions of people.