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Palin To Resign As Alaska Gov.

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Jul 3, 2009 12:55 pm US/Pacific

Palin To Resign As Alaska Gov.

WASILLA, Alaska (CBS) ― Alaska Gov. Sarah Palin says she will resign from office July 26.

Her spokesman wouldn't say why Palin decided to step down, but the announcement stirred speculation that she would focus on a bid for the 2012 Republican nomination for president.

Spokesman Dave Murrow says Lt. Gov. Sean Parnell will be inaugurated at the governor's picnic in Fairbanks at the end of the month.

(© 2009 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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