By The Associated Press

A historically Black college in Houston says it has placed its president on administrative leave. 

The Board of Regents at Texas Southern University announced Jan. 10 that Austin A. Lane was put on leave with pay.

Texas Southern University president Austin A. Lane. (Courtesy Photo)

The board did not offer a reason for the action. 

The board announced it has appointed chief financial officer Kenneth Huewitt as interim president. 

In a brief statement, the board said itโ€™s โ€œcommitted to ensuring all activities at the University are conducted in an ethical and transparent manner in accordance with the universityโ€™s mission, vision and values. The university will have no further comment at this time.โ€

Lane told KPRC-TV he was โ€œcaught off guardโ€ by the news and he expected โ€œto be reinstated immediately or paid out for the remainder of my contract for breach of contract.โ€

Lane is TSUโ€™s 12th president, assuming leadership in 2016. 

The university, founded in 1927, has an enrollment of about 9,700 students.