I just got this in my inbox:
Today, it is with mixed emotions that I have informed the Board of Trust and its Chairman, Mrs. Martha Ingram, of my intention to resign the Chancellorship of Vanderbilt on August 1 of this year. At that time, I will assume the Presidency of The Ohio State University. This was by far the most difficult professional decision that I have ever made. I want you to know that I am not leaving Vanderbilt. Rather, I am following my heart and returning to a place that I consider my home. My decision is that simple and that complex. Over the past several weeks, members of the University Board and the University family have done everything possible to make me feel valued and appreciated. I assure you that I do.
Vanderbilt is a magnificent university with a world-class faculty, remarkable students, devoted staff, and passionate alumni. It is blessed with an extraordinary group of senior leaders. Its future is boundless. It will continue its unprecedented trajectory to greatness. I assure you that I will give Vanderbilt my full measure of devotion until I assume my new duties. And, I will always take great pride in the achievements of the University and the friendships that I have made and will continue to cherish.