I wonder if this letter is intended to protect himself from being outright fired. No acknowledgement of ongoing other issues, and the mention of "a decade ago" in the very first sentence seem intentional.
I suspect he was guided, by his attorneys, to apologize in this manner to put on the record what he is acknowledging and the fact it happened 10 years ago with a different team.
The apology should have ended with his offer to resign.
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