A press release I found via Yahoo! Finance today:
After an accomplished five-year term as president of Morehouse College, Robert M. Franklin '75 has decided to step down at the end of his term at the close of the 2012 academic year on June 30.I liked Dr. Franklin. He seemed to have a solid vision as to where he was going to take Morehouse College. It seems he may have accomplished some of them and hopefully Morehouse will appoint someone who will also have a solid vision for the college. Perhaps the 5 wells will continue in someway in the future.
Following his departure as president, Franklin plans to spend his sabbatical as a Scholar in Residence at Stanford University's Martin Luther King Jr. Institute and plans to return to Morehouse in the role of Distinguished Professor of Social Ethics.
In recognition of Franklin's exemplary service to the College, the Board of Trustees has voted to recognize him with the College's highest and most prestigious rank: President Emeritus and Distinguished Professor.
"Dr. Franklin has served an integral role leading the renaissance of Morehouse, and his dedication is greatly appreciated," said Robert Davidson, chairman of the Morehouse College Board of Trustees. "In addition to his years of service, Robert has led by example, dedicating a substantial portion of his time to community service, which is one of the core values that Morehouse seeks to instill in each and every one of its students. We will miss him as the Board endeavors to find a successor who will help to usher the college into a new era."
Dr. Franklin took over as President of Morehouse from Dr. Walter Massey by the summer of 2007. He was officially inaugurated into office in February 2008. This was his address but there are also links below the embed to other aspects of his inaguration as the Morehouse College President.
[VIDEO: Inaugural Anthem, Investiture, Inaugural Address]