UofL Board of Trustees accepts President James Ramsey's resignation

07/27/2016 11:30 PM

During a seven hour meeting Wednesday, the University of Louisville Board of Trustees decided to accept the resignation of President James Ramsey, effective immediately. Ramsey will be paid $690k in the process.

Ramsey had initially asked to maintain his role of President for the upcoming school year as the board searches for a new President. But it’s unclear what, if any, of Ramsey’s requests the board agreed to honor.

This is the third time the trustees have met since Governor Matt Bevin announced a reorganization back in June. Ramsey officially offered his resignation when the new board of trustees met for the first time two weeks ago.

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