"Lee Fowler and I talked on Monday and we agreed that now is the appropriate time to make a change," said Woodson.
The chancellor expressed his appreciation for Fowler's accomplishments, which include the successful completion of a seven-year, $120 million capital campaign for the University Athletic Association that resulted in new athletic facilities and additional academic support for all NC State teams and student-athletes.
"I've made many friends and worked with terrific coaches, athletes and administrators at NC State," Fowler said. "I am honored to have served this university for 10 years, but this is the right time for me and my family to seek other opportunities."
The university said it would honor its obligations to Fowler under his employment contract. The contract expires on Sept. 30, 2013 and calls for Fowler to receive an annual salary of $280,000.
"We would like to thank Lee for his commitment to NC State over the years and wish him and his family success in the future," Woodson said.
EXPANDED STATEMENT FROM LEE FOWLER REGARDING THE ANNOUNCEMENT:
"Naturally I am disappointed that I will not see firsthand the fruits of 10 year's work, but I have the greatest confidence that with the caliber of facilities and coaches we now have, along with a talented and dedicated administrative staff, the athletics program is poised for great success going forward.
I thank Chancellors Fox, Oblinger, Woodward and Woodson for the privilege of working under their excellent leadership. I want to thank and acknowledge Donn Ward and the great NC State faculty for their unwavering support.
Additionally, my family and I want to express our thanks for the outpouring of love and support we've received. Finally, I thank my Lord and Savior Jesus Christ for His faithfulness in guiding my decisions and look forward to what His blessings will bring to NC State and me."