Will Smith is out of The Academy.

Just days after stepping on stage to slap Chris Rock over an ill-timed joke about Jada Pinkett Smith‘s hair, and after winning the Best Actor honor, the 53-year-old actor has stepped down from the organization.

According to Variety, Will was potentially facing expulsion from The Academy over his actions on Oscar night last Sunday. Instead, he has chosen to resign.

“I have directly responded to the Academy’s disciplinary hearing notice, and I will fully accept any and all consequences for my conduct,” Will shared in a statement to Deadline. “My actions at the 94th Academy Awards presentation were shocking, painful, and inexcusable. The list of those I have hurt is long and includes Chris, his family, many of my dear friends and loved ones, all those in attendance, and global audiences at home. I betrayed the trust of the Academy. I deprived other nominees and winners of their opportunity to celebrate and be celebrated for their extraordinary work. I am heartbroken. I want to put the focus back on those who deserve attention for their achievements and allow the Academy to get back to the incredible work it does to support creativity and artistry in film. So, I am resigning from membership in the Academy of Motion Picture Arts and Sciences, and will accept any further consequences the Board deems appropriate.”

“Change takes time and I am committed to doing the work to ensure that I never again allow violence to overtake reason.”

The day after the incident, Will issued a formal apology to Chris over social media, writing that “I was out of line and I was wrong.”