A rep for the actress says the split between Bell and Adam Beason, who married in 1994, is mutual, adding, "They remain great friends. They're committed to raising their two children together."
The pair has an 8-year-old daughter, Gemma, and a 1-year-old son, Roman.
Bell's rep says the two will continue to be partners in their production company. "They're excited to work on projects together," the rep said.