Oral Roberts University officials have finally chosen a new president, since the founder's son resigned from that role last year amid allegations of misspending.
The university's Board of Regents chose Dr. Mark Rutland to lead the school Wednesday, ending their 14-month long search.
"We are excited about the future under the leadership of Dr. Rutland," Board Chair Mart Green said. "He has been selected through a careful process and we are confident that he will continue to uphold the mission and vision of Oral Roberts University."
Dr. Rutland will assume the ORU presidency in July.
Prior to joining ORU, Rutland led Southeastern University in Lakeland, Fla., where he served as president and led Global Servants, a missions and evangelism organization founded in 1977.
He is credited with engineering a turnaround at Southeastern after he became president in 1999.
Rutland, a Texas native, holds a doctorate from California Graduate School of Theology. He is a prolific writer, having authored 13 books, and hosts a 30-minute daily radio program, Herald of Joy.
Scandal Rocked ORU More Than A Year Ago
More than a year ago, Richard Roberts, the son of ORU founder Oral Roberts, resigned as president after allegations were made that he and his wife used university money for shopping sprees, home improvements, and a stable of horses for their daughters.
At the time, ORU was more than $50 million in debt.
Three former ORU professors filed suit in early October 2007. They claimed they were forced out for blowing the whistle on financial and ethical wrongdoing by the school's former president and family. The suit was settled a year later after a court-ordered mediation session.
Sources: The Christian Post, Oral Roberts University