Stephen K. Bannon has stepped down from Breitbart News Network, where he served as Executive Chairman since 2012.

Bannon and Breitbart will work together on a smooth and orderly transition.

Bannon said, “I’m proud of what the Breitbart team has accomplished in so short a period of time in building out a world-class news platform.”

According to Breitbart CEO Larry Solov, “Steve is a valued part of our legacy, and we will always be grateful for his contributions, and what he has helped us to accomplish.”