Stefon says it's "time to go."

After eight years with "Saturday Night Live," Bill Hader, 34, announced Tuesday that he is leaving the NBC show.

"It was a hard decision, but it has to happen at some point," he told the NY Times. The venerable veteran of the show will take multiple characters with him including Julian Assange, Al Pacino, James Carville, Vincent Price, and his most memorable impersonation as Stefon, the hipster correspondent of "Weekend Update." Hader cites his motivation to leave his SNL gig partly due to the departure of friends like Kristen Wiig and Andy Samberg, and in part because he wanted to move his family to the West Coast.

His announcement comes with the news of Seth Meyers' exit from the show to replace Jimmy Fallon as the host of "Late Night." Meyers' absence as SNL's "Weekend Update" anchor and head writer of the show will be felt profoundly come fall after he leaves. Executive Producer Lorne Michaels says Jason Sudeikis and Fred Armisen are currently in the process of "making their decisions" on whether or not they are staying for Season 39.

Hader's final show will be this weekend's season finale with guest Ben Affleck. Watch the best of Stefon below.