Palin stepping down this monthWASHINGTON (CNN) -- Gov. Sarah Palin announced Friday that she will step down as Alaska's chief executive by the end of the month. She will not seek election to a second gubernatorial term in 2010.
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Alaska Gov. Sarah Palin announces she's stepping down this month.
"People who know me know that besides faith and family, nothing's more important to me than our beloved Alaska," Palin said at an announcement from her home in Wasilla. "Serving her people is the greatest honor I could imagine."
Palin, a Republican, was elected governor in 2006. She was tapped as Arizona Sen. John McCain's vice presidential running mate last year.
Palin said she was transferring authority to Lt. Gov. Sean Parnell, who will be sworn in at the Governor's Picnic on July 26.
Watch Palin's announcement ยป
