Rihanna has officially stepped down from her role as CEO of her lingerie brand Savage X Fenty, appointing a successor to the position moving forward.
According to Vogue Business, the superstar singer will officially transition out on Monday (June 26). It marks the end of a five-year tenure in the role, having operated as such since founding the company in 2018.
Former Anthropologie Group CEO Hillary Super will take over while Rihanna will remain in a leadership position as executive chair.
“It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,” Rihanna said in a statement to the publication. “This is just the beginning for us, and we’re going to continue to expand in ways that always connect with the consumer.”
She added: “I’m so grateful and excited to welcome Hillary Super as our new CEO—she is a strong leader and is focused on taking the business to an even higher level.”
For now, Rihanna remains CEO of her multi-billion dollar cosmetics company Fenty Beauty, which she founded in 2017.
The news arrives amid rumors the “Diamonds” singer tied the knot with her boyfriend and children’s father A$AP Rocky after comments made during a performance in Cannes this week.