Roger Ailes resigns as CEO and chairman of Fox News

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Roger Ailes Officially Out at Fox News

Roger Ailes resigned on Thursday as the CEO and chairman of the Fox News Channel.

In a statement released on Thursday afternoon, Fox News parent company 21st Century Fox announced that Executive Chairman Rupert Murdoch will assume the role of acting chairman and CEO.

"Roger Ailes has made a remarkable contribution to our company and our country," Murdoch said in a statement. "Roger shared my vision of a great and independent television organization and executed it brilliantly over 20 great years."

Rumors have swirled about Ailes' departure over the past several days following a lawsuit filed by former Fox News host Gretchen Carlson. It alleged that Ailes repeatedly sexually harassed her and enabled other male Fox News hosts to do the same.

Roger Ailes through the years:

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Roger Ailes through the years
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Roger Ailes through the years
NEW YORK - NOVEMBER 13: In this handout photo provided by FOX News, FOX News Channel Chairman and CEO Roger Ailes is photographed November 13, 2015 at the networks Manhattan headquarters New York City. (Photo by Wesley Mann/FOX News via Getty Images)
Bill O'Reilly, tv columnist, at left, shown here with Roger Ailes, Chairman and CEO of FOX tv at the Radio & TV Correspondents annual dinner held at the Washington Hilton. (Photo by Susan Biddle/The Washington Post/Getty Images)
SLUG: ST/AILES DATE: 3/23/99 NP PHOTOG: Helayne Seidman/FTWP multi use LOCATION: Fox News, 1211 6th Ave. NYC SUMMARY: Roger Ailes, president of Fox TV CAPTION: Roger Ailes, president of Fox TV, in the Fox TV control room. Original Filename: npsent.JPG ORG XMIT: ; 29
385602 07: Fox News Chairman and CEO Roger Ailes, right, testifies during a hearing on election night 2000 coverage by the networks before the House committee on energy and commerce February 14, 2001 on Capitol Hill in Washington, D. C. Heads of major news organizations have converged on Capitol Hill to testify before Congress, explaining the mistaken calls made on Election Night and promising changes to prevent further errors. (Photo by Alex Wong/Newsmakers)
WASHINGTON - OCTOBER 25: Chairman and CEO of the Fox News Network Roger Ailes participates in the 'America's Best Leaders: How do they lead? Where are they taking us?' National Issues Briefing hosted by U.S. News and World Report October 25, 2005 at the National Press Club in Washington, DC. The talk was held in collaboration with the Center for Public Leadership at Harvard University's John F. Kennedy School of Government. (Photo by Chip Somodevilla/Getty Images for U.S. News and World Report)
NEW YORK - JUNE 26: (L-R) Variety Editor Peter Bart and Producer Roger Ailes attend a cocktail party hosted by Harvey and Bob Weinstein and Miramax Books to celebrate Peter Bart's new book ''BOFFO'' on June 26, 2006 in New York City. (Photo by Peter Kramer/Getty Images)
PASADENA, CA - JULY 24: Chairman & CEO, FOX News Roger Ailes from 'Fox News' speaks onstage during the 2006 Summer Television Critics Association Press Tour for the FOX Broadcasting Company at the Ritz-Carlton Huntington Hotel on July 24, 2006 in Pasadena, California. (Photo by Frederick M. Brown/Getty Images)
WASHINGTON - JANUARY 08: Roger Ailes, president of FOX News, poses with his wife Elizabeth on the red carpet upon arrival at a salute to FOX News Channel's Brit Hume on January 8, 2009 in Washington, DC. Hume was honored for his 35 years in journalism. (Photo by Brendan Hoffman/Getty Images)
NEW YORK, NY - APRIL 11: Fox News President Roger Ailes attends the Hollywood Reporter celebrates 'The 35 Most Powerful People in Media' at the Four Season Grill Room on April 11, 2012 in New York City. (Photo by Charles Eshelman/FilmMagic)
SAN FRANCISCO, CA - JANUARY 21: Copies of the new book The Loudest Voice in the Room are displayed at a Books Inc. bookstore on January 21, 2014 in San Francisco, United States. The unauthorized biography of FOX News president Roger Ailes written by New York magazine writer Gabriel Sherman hit bookstore shelves on January 14. (Photo by Justin Sullivan/Getty Images)
NEW YORK - NOVEMBER 13: In this handout photo provided by FOX News, FOX News Channel Chairman and CEO Roger Ailes is photographed November 13, 2015 at the networks Manhattan headquarters New York City. (Photo by Wesley Mann/FOX News via Getty Images)
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New York magazine reported earlier this week that Lachlan and James Murdoch, 21st Century Fox's respective executive chairman and CEO, had agreed to part ways with Ailes amid an internal investigation that revealed Ailes' potential pattern of harassment among other female employees at the network.

The Drudge Report shared an apparent draft of Ailes' separation agreement, which included a hefty $40 million separation agreement, but quickly removed the draft.

Shortly after 21st Century Fox announced Ailes' resignation, Drudge shared a copy of the outgoing CEO's resignation letter. In it, Ailes highlighted his promotion of women at the network:

"With your support, I am proud that we have built Fox News and Fox Business Channels into powerful and lucrative news organizations that inform our audience and reward our shareholders.

"I take particular pride in the role that I have played advancing the careers of the many women I have promoted to executive and on-air positions. Many of these talented journalists have deservedly become household names known for their intelligence and strength, whether reporting the news, fair and balanced, and offering exciting opinions on our opinion programs. Fox News has become Number 1 in all of cable because I consistently identified and promoted the most talented men and women in television, and they performed at the highest levels.

"Having spent 20 years building this historic business, I will not allow my presence to become a distraction from the work that must be done every day to ensure that Fox News and Fox Business continue to lead our industry. I am confident that everyone at Fox News and Fox Business will continue as the standard setters that they are, and that the businesses are well positioned for even greater success in the future.

"I am proud of our accomplishments and look forward to continuing to work with you as an adviser in building 21st Century Fox."

Over his 20-year tenure at the network, the former media specialist and Republican operative shaped the network's conservative-leaning message, and oversaw operations as Fox overtook cable-news rivals CNN and MSNBC.

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