Steve Bannon is stepping down from Breitbart News.

The right-wing conservative news network said today that it will work with Bannon on a "smooth and orderly" transition.

In a statement, the former White House strategist said, "I'm proud of what the Breitbart team has accomplished in so short a period of time building out a world-class news platform."

Breitbart CEO Larry Solov added, "Steve is a valued part of our legacy, and we will always be grateful for his contribution, and what he has helped us to accomplish."  Bannon had served as Breitbart's executive chairman since 2012.