actor Ryan O'Neal
, 60, has chronic leukemia, but his condition is not life-threatening, Reuters
reports. "It is treatable and he is doing very well," his spokesperson, Dede Binder
, says. O'Neal who split with longtime love Farrah Fawcett
in 1997 reportedly was diagnosed "recently." He completed work on the romantic comedy People I Know
co-starring Al Pacino
and Kim Basinger
on March 30.