U of L

J. Tyler Franklin/Louisville Public Media

Despite widespread confusion over drastic leadership changes atop the University of Louisville, President James Ramsey said Thursday that operations are “business as usual.”

Rob Canning

Attorney General Andy Beshear is suing Gov. Matt Bevin for abolishing and then reinstating the boards of trustees of both the University of Louisville and Kentucky Retirement Systems, the state agency that manages the pensions of most state employees.

J. Tyler Franklin/Louisville Public Media

University of Louisville President James Ramsey will step down, according to Gov. Matt Bevin.

The governor made the announcement during a news conference Friday morning. He also said he would reorganize U of L’s board of trustees.

Jacob Ryan/WFPL

A judge has ended a restraining order that barred the city of Louisville from removing a 120-year-old monument to Confederate soldiers that sits near the University of Louisville.

J. Tyler Franklin/WFPL News

The University of Louisville’s Board of Trustees plans to hold a vote on members’ confidence in university president James Ramsey at its next meeting in April.

University of Louisville President James Ramsey publicly confirmed Thursday that the university is in talks to receive a large monetary gift — said to be $6 million — from Papa John’s International CEO John Schnatter and the Charles Koch Foundation.

The University of Louisville has announced it will hire a firm to look into the school’s financial management.

The board’s decision Thursday is a response to allegations by the IRS that a high-level employee wrote himself checks in excess of $2 million.

U of L spokesman Mark Hebert says the firm will review all internal audits for the past several years, review personnel with financial responsibilities and recommend whether more oversight is needed.