Shannon Elizabeth Splits from Husband

03/07/2005 at 04:00 PM EST

Shannon Elizabeth Splits from Husband
Shannon Elizabeth and Joseph Reitman
John Sciulli/WireImage
American Pie actress Shannon Elizabeth and her husband, actor Joseph Reitman, have separated after 10 years together.

The decision is mutual, according to a statement released to PEOPLE by their publicist. "The couple will remain friends."

Their rep says Elizabeth and Reitman also continue to share a Los Angeles home.

Elizabeth, 31, whose credits also include Scary Movie and Jay and Silent Bob Strike Back, married Reitman, 36, on June 15, 2002, on the beach in Jalisco, Mexico. The couple have no kids, but they did have several pets and co-founded Animal Avengers, a nonprofit animal rescue organization.

The pair were still making public appearances together as recently as Oscar weekend. They attended an Elton John bash as well as InStyle magazine's annual Oscar viewing party together, where "they seemed happy as could be," said one guest.

However, Reitman has been spotted around Los Angeles without his wife at several late-night clubs, and Elizabeth was seen in Las Vegas this past weekend – without her wedding ring – at the third anniversary party for Light nightclub at the Bellagio Hotel.

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