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Statement from George Pearsons - Chairman of the ORU Board of Regents

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Today, a letter was sent from Richard Roberts to the Board of Regents of Oral Roberts University tendering his resignation as President of Oral Roberts University effective today, November 23, 2007.

The Board of Regents will meet Monday and Tuesday, November 26 and 27, 2007 to determine action in the search process for a new president.

Executive Regent Billy Joe Daugherty will continue to assume administrative responsibilities of the Office of the President, working together with Chancellor Oral Roberts, until the Regents meeting.

In his letter of resignation to the Board, Richard Roberts said, "I love ORU with all my heart. I love the students, faculty, staff and administration and I want to see God's best for all of them."