North Carolina chancellor Holden Thorp will resign at the end of the 2012-13 academic year, ending a tenure that was marred by several athletics-related scandals over the past two years.
"I will always do what is best for this university," Thorp said in a prepared statement. "This wasn't an easy decision personally. But when I thought about the university and how important it's been to me, to North Carolinians and to hundreds of thousands of alumni, my answer became clear."
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