Rozon stepped down as boss of the Just for Laughs comedy festival in Montreal Wednesday after a comedian publicly accused him of being an "aggressor" following allegations from a number of women.
Canadian radio reported that he was being investigated over allegations of sexual assault that reportedly took place in Paris in 1994.
He added the tag #moiaussi - the French hashtag equivalent to the #metoo movement on social media that arose in the wake of allegations of sexual misconduct against Hollywood mogul Harvey Weinstein.
Rozon wrote that he is resigning "out of respect for the employees and the families that work for these organizations as well as all our partners".
"To all those who I may have offended in my life, I'm sincerely sorry".
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Prime Minister Justin Trudeau spoke out Thursday regarding the allegations, saying the issue of harassment "means the world to me". The Toronto Star has went on to point out the matter while outlet Le Devoir has connected with several women accusing Rozon.
Coderre said he'd let the judicial process play out, but that the pressure on the victims should be relieved.
Salomé Corbo, who was just 14 when she was allegedly assaulted by Rozon at a film festival party, detailed him being drunk, forcing his hand into her panties and putting a finger into her vagina.
Rozon did not elaborate when he resigned as president of the popular comedy festival, vice-president of the Montreal Chamber of Commerce and as head of the committee behind Montreal's 375th-anniversary celebrations.
In 1998, Rozon was found guilty of fondling a 19-year-old woman, but continued to be employed by Just For Laughs. The event, which began in 1983, is billed as the world's largest global comedy festival.