- Associated Press - Monday, May 23, 2016

FRANKFORT, Ky. (AP) - Kentucky State University President Raymond Burse is resigning at the end of this week.

Burse, who said earlier this year that state budget cuts could close the university, decided that the “further demands and challenges of Kentucky State must be undertaken by new leadership,” according to a statement.

“I have come to this conclusion after nearly six months of personal assessments and evaluations,” Burse said in a release from the university.

The announcement was made Monday at an emergency meeting of the board of regents. Burse was not reachable for further comment Monday. His last day is Friday.

A Harvard-educated lawyer, Burse was named Kentucky State president in October 2014 after a short interim period and made headlines when he gave up $90,000 of his presidential salary to boost the wages of university workers.

Burse also served a term as president of the traditionally African-American university in the 1980s.

The university was spared from a recent round of funding cuts imposed by Gov. Matt Bevin that asked the state’s universities to cut a percentage of their budgets. Burse said in February that if Kentucky State had to undergo a funding cut, it could lead to the school’s closing.

Candice Jackson, the university’s acting vice president for academic affairs, will serve as president until the board chooses new leadership, said university communications director Diane Hawkins.

The board is meeting May 31 to discuss the process of selecting a new president.

Burse, a native of Hopkinsville, worked in private and corporate law beginning in the late 1980s. He retired as a vice president and general counsel at General Electric in 2012.

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