Clue given on why BSU president quit

"A person can look at what's been said and kind of figure out what's going on," King told members of the University Senate.

He then repeated what Indianapolis attorney Rick Hall, chairman of the board of trustees, said at a recent meeting, that "there is no scandal, no other shoe that's going to drop, there's no financial crisis, there's not an emergency that's going to be revealed next week."

King then recounted a meeting with a corporate executive earlier Thursday who spoke about "how his life as the CEO of a major corporation got to the point where his board and he just could not agree on policy and they split."

Also during the meeting, King said he would reject a proposed Senate resolution calling on the president and board of trustees to ask the state Legislature to change how trustees are appointed.