Penn State fallout: CEO of Jerry Sandusky's charity Second Mile resigns

(CBS) STATE COLLEGE, Pa. - The CEO of the charity where accused child molester and Penn State coach Jerry Sandusky allegedly found some of his victims has resigned.

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In a statement released Monday morning, The Second Mile announced that Dr. Jack Raykovitz stepped down over the weekend. The current vice chairman of the board of directors will take over operations.

The organization also announced it would conduct an internal investigation and "continue to cooperate fully with the ongoing investigation by the Attorney General."

The statement added: "Although the allegations against Jerry Sandusky and the alleged incidents occurred outside Second Mile programs and events, this does not change the fact that the alleged sexual abuse involved Second Mile program children, nor does it lessen the terrible impact of sexual abuse on its victims."