ATLANTA -- Martin Luther King III has resigned as president of the King Center.
King announced his resignation Tuesday, a day after the nation observed the federal holiday marking his father's birthday.
In a statement, King said he will remain an active member of the King Center board of trustees, but will devote most of his efforts to launching a new organization dedicated to the principles of nonviolence, social justice and human rights.
King's sister, Bernice, was named CEO of the King Center last week, and the center recently announced a major overhaul. Their brother, Dexter, is chairman of the board of trustees.
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King III was not immediately available for comment.
The King Center's board of trustees released a statement late Tuesday on the resignation:
"The Board of Trustees of The King Center today received news of Martin Luther King III's resignation from the presidency of The King Center. While his decision does not reflect the wishes of the Board, we accept his resignation. We understand that he will continue in his capacity as a member of the Board of Trustees. We wish him the best in his endeavors."