· Completion of a $50-plus million comprehensive capital campaign;

· Development of west campus and Student Center Complex;

· Increase of enrollment by 350 percent to become a net tuition revenue-generating institution;

· 16 consecutive years of enrollment increases, including 14 years of record enrollment;

· Growth in University endowments to more than $32.7 million in 2013, a 169 percent increase since 1998;

· Increase in average incoming-freshmen GPA from 3.23 to 3.44;

· Transition from NAIA to NCAA Division II Athletics and association in Conference Carolinas;

· Expansion of athletics program from nine offerings to 25;

· Increase in Performing and Visual Arts offerings;

· Addition of King Institutes, including the Buechner Institute and King Institute for Regional Economic Studies;

· Development of articulation agreements with 11 community colleges throughout East Tennessee and Southwest Virginia;

· Designation as a “Military Friendly School” by the publisher of G.I. Jobs and the Guide to Military Friendly Schools®;

· Recognition as the largest recipient of transfer students among Tennessee Independent Colleges and Universities Association (TICUA) institutions; also acknowledged for having the largest population of transfer students from public institutions in Tennessee; and

· Ranking from U.S. News & World Report for 24 consecutive years as one of the “Best Regional Universities” in the South.

In a vote today, the Board of Trustees Executive Committee named Dr. Richard A. Ray as Interim President of the University. Prior to the appointment, Dr. Ray served as Vice Chair of the Board.

Dr.  Ray received his A.B. from Dartmouth College, his B.D. from Union Theological Seminary, Richmond, Va., and his Ph.D. from the University of St. Andrews in Scotland. He also attended Princeton Theological Seminary for a Rockefeller Fellowship year.

"Dr. Ray is a widely acclaimed Presbyterian minister," Porter says. "His well-rounded life experience will be tremendously beneficial to King University as he serves as Interim President."

A nationwide search will be conducted to select the University’s next President."