Paul Rosenberg and Eminem
via Instagram / Paul Rosenberg

Def Jam has a new CEO. Beginning in January 2018, Eminem’s longtime manager Paul Rosenberg will take over as the head of the iconic rap label, reports Variety.

In addition to managing Eminem, Rosenberg also launched Goliath Artist Management, where he managed the likes of Action Bronson and Danny Brown. He’s also the co-founder of Em’s Shady Records, which previously signed the likes of 50 Cent, D12 and Obie Trice.

Rosenberg will continue to manage Eminem, in addition to his CEO role at Def Jam.

He will report to Lucian Grainge, the chairman/CEO of Def Jam’s parent company, Universal Music Group.

“Over the past four decades, Def Jam has played a pivotal role in elevating hip hop into what is today the world’s most culturally impactful musical genre,” said Grainge. “Def Jam’s track record of introducing culturally significant artists is a direct result of the entrepreneurial brilliance that Russell Simmons and Rick Rubin instilled in the label from inception. Paul brings with him not only a remarkable record of success in hip hop, but an entrepreneurial drive and a deep passion for artist development that will build upon Rick and Russell’s enduring legacy.”