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University of Louisville president’s resignation accepted

University of Louisville trustees appear ready to decide the status of embattled campus President James Ramsey.

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Board Chairman Junior Bridgeman says Ramsey orally submitted his resignation to the newly constructed Board of Trustees at their first meeting two weeks ago, but the trustees had not accepted it in that meeting or the one that followed it last week.

During his tenure, he has been credited with leading successful fundraising drives and helping boost the university’s academic standards for incoming freshman and its graduation rate. But he came under increasing fire over embezzlement scandals, an NCAA investigation into whether a university employee paid women to strip and have sex with basketball players, and other controversies that hounded the university for years.

Dozens of professors signed a letter to him complaining about the “drumbeat of crises” and some trustees attempted a no-confidence vote to have him ousted in the spring.

About an hour before the meeting, the school announced the meeting had been postponed, and the date of a rescheduled meeting would be determined soon.

Ramsey said at the time that he would not resign.

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According to Bridgeman, Ramsey would also be given a new employment contract that keeps him as U of L’s interim president through June 30, 2017, while the school conducts a national search for his replacement.

UofL Trustees to decide on Jim Ramsey transition