Tobey Maguire and his wife, Jennifer Meyer, have separated after nine years of marriage.

The pair released a joint statement to People confirming the news.

"After much soul searching and consideration we have made the decision to separate as a couple," the statement read. "As devoted parents, our first priority remains raising our children together with enduring love, respect and friendship."

Maguire and Meyer are parents to a daughter, Ruby Sweetheart Maguire, 9 and a seven-year-old son, Otis Tobias Maguire.

The Spider-Man actor met Meyer, who's father is NBCUniversal's Ron Meyer, in 2003.  They got engaged in 2006 and tied the knot a year later.