Major Departure from Smallville

Season Eight of Smallville will see a major cast member bow out from the show. Spoilers after the jump.
From TVGuide.com
A joint statement from Smallville’s new quartet of show runners, the CW and Warner Bros. Television pays proper due to Michael Rosenbaum, who won’t be returning next season as a series regular. “It has been an honor and pleasure to work with Michael. He is one of the best actors on television and has never failed to bring a new layer to the character of Lex Luthor in every episode,” says the missive. “While… we won’t have the pleasure of working with him on a weekly basis this fall, we like to think that we haven’t seen the last of Lex Luthor. Stay tuned.”
So Lex is out, there’s a departing letter to the fan’s below from Michael Rosenbaum. No news yet on the status of Chloe, I don’t see her getting much work elsewhere so i’d be shocked if she didn’t come back.

Rua
Posted on May 4th, 2008 at 2:08 pmA letter from Michael Rosenbaum
Dear Smallville Fans,
Well, it’s been seven wonderful years. Your support is what has made Smallville so successful, and I appreciate you all more than you know.
That being said, it is time for me to start the next chapter of my life and career. I hope that I gave you some enjoyment over the years, and that you found my portrayal of Lex Luthor to be satisfying. I am truly grateful, as Smallville fans are the best fans out there. I sincerely hope that you will continue to follow my career through my hair growth period and beyond.
I’m very excited about what the future holds, but certainly, Smallville will always be a part of me. I will definitely miss the greatest crew in the world, and the wonderful cast that has been like a family to me.
Thank you Al [Gough] and Miles [Millar] for creating the show. Thank you writers, producers, directors and editors. Thanks Tollin, Robbins and Davola for being there for the pilot. Thank you Peter Roth for employing me for ten years. Lisa Lewis, I miss you already. John Glover, thanks for helping me feel more comfortable touching other actors, while acting. Bizarre, but helpful.
Mostly, I want to thank Greg Beeman for directing the “Oh Sherry” video, by Steve Perry, back in the ’80s.
Thanks crew. Thanks fans. Thanks Smallville.
I love you all,
Michael Rosenbaum