The 2016 Academy Awards nominations instantly left a sour taste in the mouth. Although many great movies and talented artists received Oscar nods this year, there was one snub that was quickly recognized: anyone who wasn’t white. For the second year in a row, all 20 acting nominees were white and only one of the directing nominations went to a person of color. The firestorm that followed, organized under the #OscarsSoWhite hashtag, led to passionate responses from casual movie fans and film industry veterans alike. Everyone had an opinion on this matter and rightfully so – this isn’t just an Oscar problem, but a Hollywood problem.

And now, Academy of Motion Picture Arts and Sciences president Cheryl Boone Isaacs has issued an official statement on the matter.

Isaac’s response comes hot the heels of honorary Oscar winner Spike Lee announcing that he will be boycotting this year’s ceremony, actress Jada Pinkett Smith considering following suit, and Oscar nominee Don Cheadle joking about parking cars at this year’s awards. And we’ll say this much – it’s the kind of regretful, thoughtful, and level-headed statement you’d hope to see in a situation like this.

Here’s the statement that was initially revealed on the Academy’s Twitter feed:

Isaac’s plan is exactly what the Academy needs right now. The unfortunate truth is that the bulk of the Oscar voters are older and white (and many of them literally haven’t worked in decades). They come from a different era. Not everyone is a racist and not everyone maliciously chose to exclude people of color from the nominations, but this is a voting body that does not represent the world of film as it exists in the year 2016. The only way to fix this is to induct new voters who represent the modern landscape. When the Academy Awards began, a sea of white faces was expected because of, you know, institutional nationwide racism. But 88 years later, it’s unacceptable.

Fixing the Oscars won’t fix the film industry, which is still dominated by white men who act surprised whenever a movie starring women or black actors does well at the box office.