On August 7, 2020, University President Jerry Falwell Jr. was placed on indefinite leave after reports of personal and professional impropriety were published. On August 24, it was reported that Falwell had resigned. He denied the reports, saying that discussions with the university's board were continuing, but then reversed himself and officially resigned later in the evening of August 24. According to Falwell, he will receive $10.5 million in compensation from the university because he resigned without either admitting to wrongdoing or having formal accusations opened against him.