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Billy Joel and wife Katie Lee split

Billy Joel and his wife of five years, television host Katie Lee, are splitting up, according to an official statement.

Joel, 60, and Lee, 27, confirmed they put “much thought and consideration” into their decision to separate, and say they will “remain caring friends with admiration and respect for each other.”

Joel was previously married to his business manager Elizabeth Small from 1973 to 1982 and model Christie Brinkley from 1985 to 1994, with whom he has one daughter, singer Alexa Ray.

Ray said she “wasn’t surprised” by the news.

“I have a pretty good women’s intuition, so I can tell. I know my dad pretty well, so I’m behind him.”