“I’m thrilled to be extending [for a year],” James Corden said of his decision to stay on the late-night talk show until 2023.

The Late Late Show’s James Corden is saying his final goodbyes.

According to PEOPLE, the longtime talk show host, 43, has extended his contract with CBS for another year before departing the show in Spring 2023.

Corden stated in a statement to Deadline, which was the first to break the news, that leaving the programme after eight and a half years was “a tremendously difficult decision.”

“I’m so immensely proud of the show,” he said. “I’m thrilled to be extending [for a year].”

Corden continued, “I always thought I’d do it for five years and then leave and then I stayed on. I’ve really been thinking about it for a long time, thinking whether there might be one more adventure.”

Corden’s representative did not immediately reply to a request for comment from PEOPLE.

After the English comedian took over for Craig Ferguson in 2015, CBS president and CEO George Cheeks fondly recalled Corden’s tenure with the network.

“Seven years ago, James Corden came to the U.S. and took television by storm, with huge creative and comedic swings that resonated in a big way with viewers on-air and online,” he said in a statement.