Dawn Hudson, CEO of the Academy of Motion Picture Arts and Sciences, announced on Monday that her current term will be her last.

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“After more than ten years and the incredibly successful opening of our new museum, I’ve decided, when this term concludes, it will be time for me to explore other opportunities and adventures as this can hardly be topped,” Hudson said in a statement explaining her decision, reports Variety.com

“We’ve achieved so much together that’s been most important to me — our ongoing commitment to representation and inclusion; adapting the Academy into a digitally sophisticated global institution; and creating the world’s premier movie museum that will be the destination of film fans for decades.

“The Board of Governors and I are mutually committed to a seamless transition to new leadership. I’m excited for what the future holds, for both the Academy and for me,” she added.

Hudson joined the Academy as CEO in 2011 and will give up her post when her contract ends in May 2023.

The Academy also announced that a search for Hudson’s successor will soon be underway, and that she will have “a vital role in the transition.”

Hudson played one of the primary roles in the successful launch of the Academy Museum of Motion Pictures, which opened to the public in September. 

As CEO, Hudson also oversees the Academy’s 450-person staff in Los Angeles, New York and London; operations and outreach, including awards, membership, marketing, communications, finance and technology; and the Academy Foundation, which includes educational initiatives, fellowships and grants, the Margaret Herrick Library and the Academy Film Archive, reports Variety.

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Under her leadership, the Academy also worked to increase diversity among its ranks with the implementation of diversity, inclusion and representation initiatives across the Academy membership, governance and staff.