Updated

The Latest on the turmoil in the top ranks of the National Rifle Association(all times local):

4:05 p.m.

Wayne LaPierre, the fiery head of the National Rifle Association, survived a challenge to his leadership on Monday.

The NRA's board of directors met in executive session on Monday. A spokesman for the NRA says that LaPierre was re-elected as its CEO. The group also elected Carolyn Meadows as its new president.

The decision to keep LaPierre at the helm was announced through the NRA's magazine, American Rifleman. It was confirmed to The Associated Press by NRA spokesman Andrew Arulanandam.

The leadership elections came just two days after retired Lt. Col. Oliver North relayed to a stunned gathering of members that he would not serve a second term and had essentially been ousted. North had sought LaPierre's resignation and urged members to examine the NRA's finances and operations.

LaPierre has countered that North was seeking to extort him. He has refused to step aside.

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3:30 p.m

Under fire from inside and out, the National Rifle Association is holding a closed-door meeting of its board of directors to decide whether it's time for a change in leadership and direction.

The organization is facing allegations from within of self-dealing, excessive spending and other financial mismanagement. And New York's state attorney general has opened an investigation that could threaten the NRA's tax-exempt status.

The 76-member board is expected to decide whether organizational changes — including the removal of Wayne LaPierre, its CEO and the longtime public face of the powerful gun lobby — need to take place to stave off punitive action by New York authorities.

The meeting began Monday and could extend into Tuesday.