Georgia announced on Sunday afternoon that Richt is out as Georgia's head coach following a 9-3 season and the absence of an SEC East title for the third straight season.
"Coach Richt and I met Sunday morning to discuss the status of our football program," said AD Greg McGarity in a statement, "and we mutually agreed that he would step down as head coach and would have the opportunity to accept other duties and responsibilities at UGA following the bowl game."
Richt compiled a 145-51 record in 15 years in Athens, claimed two SEC titles and won the SEC East five times.