Brett Ratner has resigned as a producer of the 84th annual Academy Awards after reportedly using the homophobic F-word at an event on Sunday night. He reportedly said “Rehearsal is for f*gs,” in response to a question at the event.

In a statement issued later today, the Academy said, This morning, Brett Ratner submitted his resignation as a producer of the 84th annual Academy Awards to Academy President Tom Sherak. Ratner then issued an open letter to the entertainment industry in which he explained his decision. “He did the right thing for the Academy and for himself,” Sherak said. “Words have meaning, and they have consequences. Brett is a good person, but his comments were unacceptable. We all hope this will be an opportunity to raise awareness about the harm that is caused by reckless and insensitive remarks, regardless of the intent.”