Transy President Leaving at End of 2013-2014 year

Transylvania University has accepted the resignation of embattled President R. Owen Williams, effective at the end of the 2013-2014 academic year.
 
The Lexington Herald-Leader says Transylvania issued a news release Monday saying Board of Trustees Chairman William T. Young Jr. announced Williams' decision in a meeting with faculty and staff.
 
Young said in the statement the resignation was accepted "with regret" and that the board "fully supports" Williams' decision to stay on through the end of the school year.
 
Young said a national search for a successor would be started later this year.
 
Faculty leaders earlier this month gave members of Transylvania's two governing boards a 35-page document calling for Williams' resignation. The faculty took a 68-7 no-confidence vote in Williams on May 24. The same day, trustees took a unanimous vote of confidence in Williams.