Sylvia Rhone , the CEO and chair of Epic Records , announced on Monday (Sept. 21) that she is stepping down from the role.

First named chair and CEO back in 2019 following a five-year stint as President of Epic , Rhone is one of the industry’s most prolific executives, having been the first woman and the first Black woman to be named CEO of a major record label. Her successor has yet to be named.

She shared the news via an internal memo.

“It’s been an extraordinary journey: eleven years since my promotion to President of Epic Records and six years since my appointment as Chairwoman and CEO. This role at Epic represents the third time in my career that I’ve been the first woman and first Black person to serve as CEO of a major record label owned by a Fortune 500 company. And today

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