LOUISVILLE, Ky. (WDRB) -- U of L's president makes it clear he will not be the university's leader for much longer. 

James Ramsey issued a statement Tuesday addressing some of his faculty's complaints about Gov. Matt Bevin's decision to dismantle the school's Board of Trustees.

"I respect and applaud Governor Bevin’s actions to reconstitute the University of Louisville Board of Trustees. As I previously told the Governor, I will offer my resignation to the newly constituted board. While I am happy to assist the new board in any way possible with the transition, I have no desire, and do not intend, to be President of the University of Louisville beyond the next academic year."

Ramsey said Friday that he would offer his resignation to the new board, once it is formed. His resignation letter did not initially say how long he could potentially remain as president in the event the new board wasn't immediately formed by Gov. Bevin. 

It is still unclear, however, if Ramsey plans to remain as head of the University of Louisville Foundation, which provides the vast majority of his compensation.

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