L.A. Reid Officially Resigns as Island Def Jam Chairman

9:17 AM PST 03/17/2011 by Mark Cina, Shirley Halperin
Emily Blank

The upcoming “X Factor” judge tells his staff in a memo that he is ready for “the next great challenge.”

A day after The Hollywood Reporter broke the news that L.A. Reid will serve as a judge on Simon Cowell’s upcoming Fox show The X Factor, the record exec resigned as chairman of Island Def Jam Thursday.

In a memo to his staff, he wrote:
 
"Great leaders are almost always great simplifiers, who can cut through
argument, debate and doubt, to offer a solution everybody can understand."
Colin Powell
 
To my Island Def Jam family:
 
After much consideration, I have decided to leave my position as Chairman of the Island Def Jam Music Group.
 
I have always thrived on growth and the next great challenge, and I look forward with much enthusiasm to what the future holds. I am extremely proud of our beautiful roster and all we have accomplished in my seven years with IDJ.  We continue to have incredible success together with today’s most phenomenal superstars – Rihanna, Justin Bieber, Mariah Carey, Kanye West, Bon Jovi, Jennifer Lopez, Ne-Yo, Rick Ross, The Killers, The-Dream, Chrisette Michele, Jeezy and Ludacris to name a few.
 
I want to thank all of you for your amazing contributions.
 
With Warm Regards –
LA
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