Whoa: Stuyvesant High School Principal Stanley Teitel, who ruled the elite specialized school with an iron fist (consider him the Bloomberg of Stuyvesant), has just announced his resignation, "I have decided to retire as of September 1, 2012 after serving as Stuyvesant’s principal for thirteen years. It is time to devote my energy to my family and personal endeavors."

The Department of Education's Erin Hughes says that the resignation was submitted to Schools Chancellor Dennis Walcott at 3 p.m.—here's his resignation letter, as posted on the Stuyvesant website:

Dear Students, Faculty, Parents and Alumni,

I have decided to retire as of September 1, 2012 after serving as Stuyvesant’s principal for thirteen years. It is time to devote my energy to my family and personal endeavors.

I began my career as a NYC teacher forty-one years ago. I have thoroughly enjoyed serving in each capacity as teacher, assistant principal and principal.

Thank you to the Stuyvesant community for all of the satisfaction you have afforded me for the last twenty-nine years. It was a genuine pleasure to have served you.

Fondly,

Stan Teitel

However, Daily News reporter Rachel Monahan Tweeted, "#Stuyvesant high school principal resigns as the investigation into his handling of cheating scandal continues." That cheating scandal is the cellphone ring where students were cheating on state Regents exams by texts (the student expelled apparently cheated because of a cancer scare or something)—leading conspiracy theorists to believe that Teitel was fired because the DOE was tired of bad headlines. Not to be forgotten: Teitel became principal in 1999 shortly after an assistant principal and biology teacher pleaded guilty to sexually abusing a 15-year-old student. On the other hand, there's been lots of bad press about Bronx Science's principal, and she's still there... for now.

As for who the new principal will be, Department of Education spokeswoman Hughes said, "We will name a replacement early next week."

The cheating ring was exposed in June, a month after uproar about a new dress code for students which seemed to unfairly target females through slut-shaming (Teitel told us the code was implemented because he though "children were dressing inappropriately"). Last year, alumni who witnessed the 9/11 attacks at Stuy were initially thwarted in holding a memorial service there. Other Stuy-related scandals/news: Students were suspended for a racist rap video, the students' "I'd Tap That" list, and the infamous cuddle puddle