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Coming in late on this, but I do have something to add. My chapter did elect a new brother as president, but it was only due to special circumstances. He joined in the spring semester of my senior year where we graduated approximately 60% of the active brothers, and more than 80% of the leadership positions. The elected President left school for personal reasons, and the Vice President decided to hold new elections, as that's what our constitution required. The VP actually lost to a new brother who had the support of his pledge class.
I'd say he did some good work, and some very bad. He successfully lobbied for the chapter to disaffiliate with our national organization and return to local status - which had actually been something that the school had forced on the fraternity, and was positively received by the vast majority of alumni. Additionally, the "new guy" president successfully recruited a pledge class that ended up being the core for a revitalization of the fraternity. However, he also managed to alienate the older brothers (by not tell them where events would be held), alienating alumni (this has since been repaired), and using fraternity money to pay for personal items (this was found out after he had left the position). The president ended up leaving school after his presidential year (grades).
In conclusion - if you did elect him, I hope he has an experienced e-board to help guide him. A president should not be sole decider of all things, but needs to have the support of the brothers, or else he's useless.
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