Following rumors Thursday that ABC’s “The View” would be losing two of its roundtable co-hosts next season, Jenny McCarthy and Sherri Shepherd have stepped forward to confirm their official leave from the series.

"It’s been seven wonderful years on ‘The View’ and after careful consideration it is time for me to move on,” Shepherd, 47, who became a a co-host in 2007, told

“My View will be changing too. As will with many hard working folks," McCarthy, 41, who joined the program in September, confirmed via Twitter Thursday evening. “Thanks to everyone at the show for your dedication and an amazing year.”

Network sources told TMZ that they learned Shepherd and McCarthy were out at a meeting held late Thursday afternoon. That leaves comedian Whoopi Goldberg, who joined the "View" in 2007, as the only current castmember. The names of several potential new hosts have popped up, and producers are presumably interested in Bethenny Frankel, Laili Ali, Ross Mathews and Jesse Palmer. “‘The View’ is looking for someone to spice up the show,” an insider recently told Rob Shuter, host of VH1's "The Gossip Table." Rosie O'Donnell  is also rumored to be coming back.

Those close to Shepherd told CNN that she has wanted to leave "The View" for a while. While the network hasn't said why it's parting ways with the two women, in recent months, both have been at the center of controversies: McCarthy for her views on the link between Autism and vaccinations; and Shepherd for her highly publicized divorce/custody battle.

In a statement, Shepherd said, “I look forward to the business opportunities that lay ahead of me and I am incredibly grateful to my ‘View’ family and my fans for supporting me on this journey.”

TMZ said sources also told it that executive producer Bill Geddie, 58, won't be returning for Season 18.

The moves come about one month after the show's matriarch, Barbara Walters, retired as a co-host on May 16. “I may be available for supermarket openings and charity auctions,” the 84-year-old Walters joked. She still serves as the show's executive producer.

“The View” airs on ABC weekdays at 11 a.m. EDT.