UPenn president Liz Magill has resigned from her post amid fierce criticism over her poor handling of soaring anti-Semitism on campus.
The resignation comes just days after a disastrous hearing before Congress where she was summoned to try and explain her lack lustre response.
In a statement, Magill said: 'It has been my privilege to serve as President of this remarkable institution.
'It has been an honor to work with our faculty, students, staff, alumni, and community members to advance Penn’s vital missions.'
Her resignation was confirmed in an email to the UPenn community by Scott L. Bok, Chair of the school's Board of Trustees.
UPenn president Liz Magill has resigned from her post amid mounting pressure over her failure to address anti-Semitism on campus
'I write to share that President Liz Magill has voluntarily tendered her resignation as President of the University of Pennsylvania. She will remain a tenured faculty member at Penn Carey Law,' he said.
'On behalf of the entire Penn community, I want to thank President Magill for her service to the University as President and wish her well.
'We will be in touch in the coming days to share plans for interim leadership of Penn. President Magill has agreed to stay on until an interim president is appointed.'
Magill stepped down amid mounting pressure which only ramped up following the congressional hearing on Tuesday.
She was summoned along with the heads of Harvard and MIT over their lack lustre responses to attacks against Jewish students.
Magill was slammed for her testimony, in which she said that reprimanding students who call for a Jewish genocide was not paramount - but 'context' specific.
The House Education and the Workforce Committee said it will now probe the elite schools with the 'full force of subpoena power,' after presidents Claudine Gay, Sally Kornbluth, and Magill's astonishing words and actions.
Her resignation comes after crisis talks where 'nothing' happened were held earlier in the week.
The Board was due to meet again Sunday to discuss Magill stepping down before she offered to go.
Magill had been in post since July last year, but her and it appears her poor stewardship of clashes between Pro Palestine and Israel supporters will become her legacy.
Several high profile donors threatened to withdraw or have already removed their funding amid the controversy.
Among them was Ross Stevens, the founder and CEO of New York-based Stone Ridge Asset Management, who said he withdrew his $100 million donation in disgust over Penn's handling of anti-Semitism.