"The company is going in a new direction, and it is time for me to move on," he wrote in a memo to staff.
Rich Isaacson is leaving Def Jam, the longtime exec announced in an internal memo obtained by Billboard. The Loud Records co-founder, who has been executive vp and general manager of the iconic hip-hop label since coming on board alongside then-chairman/CEO Paul Rosenberg in January 2018, said his last day was May 28.
"The company," he wrote, "is going in a new direction, and it is time for me to move on."
Isaacson, who co-founded Loud alongside Steve Rifkind in 1991, was the first big hire announced after Rosenberg took over the company following the end of Steve Bartels’ tenure. During his time at Def Jam, the street-marketing pioneer oversaw No. 1 albums from the likes of Kanye West, Logic and Justin Bieber, the signing of a new wave of talent to the label like YK Osiris, and high-profile releases from hip-hop luminaries like 2 Chainz, Pusha T, YG, Big Sean and Jeezy as well as legends like Public Enemy and, most recently, the star-studded posthumous album from DMX.