James Beckwith, formerly interim president and chief financial officer of Southern Vermont College, killed himself Wednesday, with federal authorities charging that he embezzled $440,000 while serving as interim president, The Bennington Banner  reported. Beckwith resigned suddenly as CFO this month, apparently when the college learned of the allegations. Authorities said that he took college money while serving as interim president. A statement on the college's website  expressed condolences to Beckwith's family and said: "This is a difficult and sad time for all who knew Jim. His many contributions to our community will be remembered."