Henderson State University President Glen Jones resigned on Friday, effective immediately. “While serving as president of my alma mater has been one of the great blessings of my life, I believe the time has come for a new vision for our beloved institution,” Jones said in an announcement. Jones, who had been president since 2012, faced a faculty vote of no confidence earlier this month, with the professors citing his alleged financial mismanagement and lack of transparency. Jones, who has a law degree, will return to the campus as a professor next summer. Elaine Kneebone, Henderson State’s general counsel, was named acting president.