The president of Rutgers University announced Tuesday that he’ll resign from his $1 million-a-year gig — citing the school’s toxic environment and concerns over his family’s safety as reasons for the move.

Rutgers head football coach Greg Schiano is “sad” that university president Jonathan Holloway is stepping down, but he has “blind” trust that the school’s Board of Governors — led by chairwoman Amy Towers — “will do the search and get us a great president.

Rutgers University President Jonathan Holloway will step down from his position after his contract expires at the end of the 2024-25 school year. Holloway, 57, said Tuesday he has been exhausted by a toxic political environment and ever-present demands of a major university president.