From Variety: Will Smith Resigns From Academy Over Chris Rock Oscars Slap Backlash

From Variety:

Will Smith, facing possible expulsion or suspension after he assaulted Chris Rock during last Sunday’s Oscars telecast, has instead resigned from the Academy of Motion Picture Arts & Sciences. The move comes as the actor is embroiled in the gravest crisis of his career and as the organization behind the Academy Awards has struggled in its attempts to deal with the fallout from the altercation. In a statement, Smith called his actions “shocking, painful and inexcusable” and said that he will accept any additional consequences that the Academy’s Board of Governors deems appropriate.

“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,” Smith said. “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.”