Read More: Penn St. Nittany Lions

According to Blue White Illustrated's Nate Bauer, Penn State President Graham Spanier will submit his resignation tonight to the Board of Directors and he will be replaced initially -- and perhaps permanently -- by current Executive Vice President and Provost Dr. Rodney A. Erickson. 

Erickson has been with Penn State since 1999 with a focus on running academic operations.  He holds B.A. and M.A. degrees from the University of Minnesota and a PH.D from the University of Washington.

As Provost, he has been the chief academic officer of the University, responsible for the academic administration of the University's resident instruction, research, and continuing education, and for the general welfare of the faculty and students. In his role as Executive Vice President, he serves as the chief executive officer in the President’s absence. So, he's probably the best person to be able and step in right away and do the job.

For the latest updates on the Sandusky story and the fallout, be sure to follow this StoryStream. For the Penn State perspective of the ordeal, be sure to check out Black Shoe Diaries.