Will Smithhas resigned from the Academy of Motion Picture Arts and Sciences after smackingChris Rockat the 94thAcademy Awards.

Smith said in a statement, via his representative, sent to PEOPLE,“I have directly responded to the Academy’s disciplinary hearing notice, and I will fully accept any and all consequences for my conduct. 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.”

For more on Will Smith resigning from the Academy, listen below to our daily podcast on PEOPLE Every Day.

He added, “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.”

abc

will smith

Concluding, he announced his departure from the Academy: “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.”

“We have received and accepted Mr.Will Smith’s immediate resignation from the Academy of Motion Picture Arts and Sciences,” Rubin said in a statement sent to PEOPLE. “We will continue to move forward with our disciplinary proceedings against Mr. Smith for violations of the Academy’s Standards of Conduct, in advance of our next scheduled board meeting on April 18.”

Kevin Mazur/WireImage

Will Smith

The conflict at the 2022 Oscars arose after Rock cracked a joke directed at Smith’s wife,Jada Pinkett Smith, regarding her shaved head. The actress, 50,has previously disclosed that she lives with alopecia, a condition that causes her to lose her hair.

Smith has since apologizedto Rock, writing in part in a lengthy Instagram post on Monday, “I would like to publicly apologize to you, Chris. I was out of line and I was wrong. I am embarrassed and my actions were not indicative of the man I want to be. There is no place for violence in a world of love and kindness.”

Also on Monday, the Academy said in an initial statement, “The Academy condemns the actions of Mr. Smith at last night’s show. We haveofficially started a formal reviewaround the incident and will explore further action and consequences in accordance with our Bylaws, Standards of Conduct and California law.”

Ina follow-up statementshared with PEOPLE Wednesday, the Academy said, “The Board of Governors today initiated disciplinary proceedings against Mr. Smith for violations of the Academy’s Standards of Conduct, including inappropriate physical contact, abusive or threatening behavior, and compromising the integrity of the Academy.”

RELATED VIDEO: HowWill SmithSmacking Chris Rock atthe Oscars— and the Aftermath — Unfolded

It noted that after striking Rock, Smith “was asked to leave the ceremony and refused.”

Never miss a story — sign up forPEOPLE’s free daily newsletterto stay up-to-date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories.

Rockbroke his silenceon the incident during a show at The Wilbur in Boston Wednesday night, telling the audience, “I’m still processing what happened.”

He added that he would probably talk about what happened at some point in a serious manner, according to an audience member, but that he had written a whole show full of jokes for Wednesday evening.

source: people.com