NORFOLK, Va. (WVEC) -- The president of Norfolk State University has announced he is stepping down from his position.

Dr. Eddie Moore Junior announced his intention to retire during a Board of Visitors meeting on September 15. During a closed-door meeting on Monday, the board accepted his retirement.

“I will be 70-years-old this year and I just think it's time,” said Moore.

When asked why he wanted to retire, Moore said a hip replacement has left him in recovery.

“We're in the final stages of our accreditation preparations and it’s either now or two years from now and just don't feel I have the energy to really lead the university for two additional years,” said Moore.

Moore's last day on the job has not yet been set, but school officials say it will occur no later than December 21 of this year.

Moore first took over as NSU’s interim president in 2013, just months before its accreditor, the Southern Association of Colleges and Schools, placed the university on probation. That probation was lifted in December 2015.

Moore said the greatest challenge he faced was getting qualified people in the right positions – an issue he said the university is still working on. When asked if his departure will leave the university hanging, he said it’s the right time to leave.

“I feel that the university is at a good point, the board is at a good point and it should be an easy and hopefully seamless transition,” said Moore.

Moore's position as president was made permanent last year.

“He came into Norfolk State University at a time of uncertainty,” Governor Terry McAuliffe said at Moore's inauguration in 2016. “They needed some help. They needed some leadership.”

“We are on the road to recovery,” Moore said at the time.

An interim president will be announced at the university's November board meeting.