LDS Church Leadership Vacuum Sparks Succession Shift, Market Watch on Social Impact

Jeffrey R. Holland, a prominent figure in the Church of Jesus Christ of Latter-day Saints (LDS Church), has died at the age of 85. He was a member of the Quorum of the Twelve Apostles and was next in line to become the church president, making him a key leader in the global religious organization. His passing marks a significant moment for the LDS Church as it prepares to announce a successor.

Holland's death was announced by the church, citing complications from kidney disease. He had been in declining health for some time, with recent appearances at church events showing him in a wheelchair. His death leaves a vacancy in the Quorum of the Twelve, which will likely be filled by President Dallin H. Oaks, who will call a new apostle from a lower-tier leadership council.

The church's leadership succession is a well-defined process, with seniority playing a key role. Holland, with his long tenure in the Quorum of the Twelve, was next in line after President Dallin H. Oaks. His passing shifts the succession order, with Henry B. Eyring now becoming the next in line for the church presidency.

A Legacy in Leadership and Education

Jeffrey R. Holland was a pivotal figure in the LDS Church, known for his leadership and commitment to the organization's global initiatives. Before his call to the Quorum of the Twelve Apostles, he served as the president of Brigham Young University (BYU), one of the church's flagship institutions. During his tenure, he worked to enhance interfaith relations and established a satellite campus in Jerusalem.

Holland's work at BYU was recognized widely, including an honor from the Anti-Defamation League for his efforts to foster understanding between Christian and Jewish communities. His leadership extended beyond the university, as he also served as a commissioner of the church's global education system, helping to shape the LDS Church's educational initiatives on a global scale.

A Controversial Legacy in Church Doctrine

While Holland was celebrated for his educational leadership and interfaith work, some of his teachings stirred controversy. His 2021 speech, commonly referred to as "the musket fire speech," encouraged church members to defend the faith's teachings on issues such as same-sex marriage. The speech became a point of contention among LGBTQ+ advocates and was later required reading for BYU freshmen, drawing concerns about its impact on inclusivity.

Despite the controversy, Holland's influence remained strong within the LDS Church. His passing will likely prompt discussions about the direction of the church's leadership and the balance between tradition and modernity in its teachings and practices.

Next Steps for the Church Leadership

With Holland's death, the Quorum of the Twelve Apostles faces a leadership gap. The vacancy will be filled by President Dallin H. Oaks, who has the authority to call a new apostle from a lower-tier council. This process will reinforce the church's established succession plan and ensure continuity in leadership.

The LDS Church's all-male priesthood structure means that only men can be called to leadership roles. This has been a point of contention for some, but it remains a core part of the church's doctrine. As the church moves forward, the new apostle will need to navigate the challenges of leadership in a rapidly changing world, including issues of inclusivity and social values.

Economic and Social Contributions of the Church

The LDS Church is not only a religious institution but also a significant economic force. It operates a wide range of businesses, from real estate to publishing, and its global reach affects communities around the world. A recent report highlighted the economic impact of religious institutions in the U.S., noting that churches generate trillions of dollars for the economy through property values, volunteerism, and social programs.

These institutions provide essential services, including food banks, shelters, and educational opportunities, particularly in times of economic hardship. The LDS Church, as a major religious organization, plays a similar role in many of the communities it serves.

As the church mourns the loss of a key leader, it also continues to shape the communities in which it operates. The succession of leadership will be closely watched, as it may influence the church's future direction and its role in broader societal and economic contexts.