Knoxville (AP) -- Financially troubled Knoxville College has lost its president-elect.
The chairman of the college's board of trustees confirms the college last week agreed to end its contract with Earl Yarbrough, Senior.
Instead of coming to Knoxville, Yarbrough will take the presidency of Savannah State University, the oldest of Georgia’s historically black colleges.
Yarbrough was to take office at Knoxville College this month after being selected by the board in December. He's leaving a post as professor and former provost at Virginia State University.
Yarbrough told the Knoxville News Sentinel the issue at Knoxville College wasn't just his salary. Yarbrough said he was he was concerned there wouldn't be enough money to pay faculty and staff.
In the spring semester, Knoxville College had about 200 students.
(Copyright 2007 by the Associated Press. All rights reserved.)