Legendary comedian Bill Cosby has stepped down from his post in Temple University's Board of Trustees after a number of sexual assault allegations were made against him, according to the Hollywood Reporter.

Temple University and Cosby both released statements regarding the resignation.

"I have always been proud of my association with Temple University," Cosby, who is an alumnus of the university, said. "I have always wanted to do what would be in the berst interests of the university and its students. As a result, I have tendered my resignation from the Temple University Board of Trustees."