Jerry Falwell Jr. resigns from Liberty University
The board of Liberty University has accepted the resignation of its president, Jerry Falwell Jr., after a roller-coaster day in which Falwell resigned, then withdrew his resignation, then resigned again late at night on August 24.
“I am so encouraged by the unity of Christ that I saw exemplified by our Board today,” acting board chairman Allen McFarland said in a written statement. “Liberty University’s future is very bright and in capable hands of leaders who are committed to being good stewards of what the Lord has entrusted!”
The severance compensation in Falwell's preexisting employment agreement was not adjusted, according to the statement from the school. Liberty’s latest tax filings show Falwell made just over $1 million in 2018.
