On Friday night, Will Smith announced his decision to resign from the Academy.

The Academy was supposed to meet on April 18 to decide on disciplinary measures.

Those in the industry expected him to face a long suspension.

He said that he will “will accept any further consequences the Board deems appropriate.”

“Change takes time and I am committed to doing the work,” he added.

Smith called his actions “shocking, painful, and inexcusable.”

“The list of those I have hurt is long,” he added.

He mentioned Chris Rock, his family, his friends, loved ones, the audience, and those watching at home.

He admitted that he “betrayed the trust of the Academy.”