Margeaux Rawson has been appointed senior vice president of operations for Sylvia Rhone's new label through Epic, which sources say will be called Audacious Music.
Rawson was formerly SVP of media relations for Universal Motown, a post she held until Rhone stepped down as president of the label last May.
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Rhone and Reid, of course, worked together for many years under current Sony Music head Doug Morris at Universal, and speculation about her rejoining the two at Sony gained steam when Reid joined Morris at Sony last summer.
Some reports said she would be reviving Sony's Portrait imprint, although that is apparently not the case.