Variety Magazine broke the news Thursday, revealing the record exec’s departure as well as his full government name (Antonio Marquis Reid) but not the reason behind his departure.
L.A.’s most recent tweet seems related to his departure, but it doesn’t shed much light on the circumstances either.
The New York Post claims the move has been rumored for some time:
Rumors had been swirling for weeks that Reid’s head would be on the chopping block
The Post’s Richard Johnson noted speculation in March that Reid would be out soon after the arrival of new Sony Music CEO Rob Stringer.