Louisville's president won't be there much longer. Getty Images

Kentucky Gov. Matt Bevin announced Friday morning that Louisville president James Ramsey has resigned and that the school's Board of Trustees is being reorganized in an attempt to "give a fresh start" to the university.

An interim board is expected to be in place for the next two weeks. Ramsey's exact departure date is unknown but should be before the end of June if not immediately.

According to the Louisville Courier-Journal, Ramsey's leadership has been questioned in recent years "as the university dealt with embezzlement scandals and other embarrassments, including an FBI investigation of its top health care executive and an NCAA investigation of allegations that men's basketball players and recruits were provided dancers and prostitutes. The university also has been criticized for offering buyouts to top officials in exchange for their silence, and Ramsey's compensation has been questioned."

Ramsey was hired in 2002.

Bevin said his resignation is academically, not athletically, motivated. The NCAA's investigation into Louisville's escort scandal remains ongoing despite basketball coach Rick Pitino noting in April that it was "pretty much over." The Cardinals have yet to receive a notice of allegations from the NCAA.