Pascal and Rudin discussed whether Obama prefered black-themed movies in an email banter. Their emails also revealed some embarrassing comments that they made about Hollywood stars like Angelina Jolie and Michael Fassbender among others.
"To anybody I've offended, I'm profoundly and deeply sorry, and I regret and apologize for any injury they might have caused," Rudin said in a statement after his private email with Pascal were posted online by the hackers.
"I made a series of remarks that were meant only to be funny, but in the cold light of day, they are in fact thoughtless and insensitive - and not funny at all."
"The content of my emails to Scott were insensitive and inappropriate but are not an accurate reflection of who I am. Although this was a private communication that was stolen, I accept full responsibility for what I wrote and apologize to everyone who was offended," she said.
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Meanwhile, Pascal and Jolie, who was the subject of one of the emails between Pascal and Rudin, ran into each other during a Hollywood event but it is not clear what they discussed.
The company is still reeling under the unprecedented hack into their systems which has led to the leak of several private emails, unreleased films, sensitive private information about employees and actors working with them and financial details into the public domain.
It is the second major cyber attack in Hollywood as earlier this year several celebrities like Jennifer Lawrence and Kate Upton saw their nude photographs landing on the internet after their phones were hacked.