Bittersweet news, folks. After eight years on Saturday Night Live, castmember Bill Hader has announced that he will exit the series after the end of this current season. Speaking with the New York Times, Hader explained, “It was a hard decision, but it has to happen at some point. It got to a point where I said, ‘Maybe it’s just time to go.’ ” The actor has been a standout on the show since his first appearance in 2005, solidifying himself as one of the best impressionists in SNL history with dead-on portrayals of everyone from Alan Arkin to Vincent Price. His original characters are highlights as well, with Stefon appearances on Weekend Update eliciting squeals from both the live audience and folks watching at home. Hit the jump for more.