According to Variety, Eminem's friend and longtime manager Paul Rosenberg has been named CEO of Def Jam records. Aside from managing one of the biggest artists in the world, Rosenberg is also responsible for co-founding Shady Records and heading Goliath Artist Management. Paul is set to officially kick off his new position in January of 2018, replacing former CEO Steve Bartels.

The report confirms that Rosenberg will continue to manage Eminem, and has yet to comment on the development. Stay tuned from more on this story.