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Home / Entertainment

Beyonce parts ways with business manager

AAP
5 Feb, 2016 05:00 AM2 mins to read

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Pop star Beyonce. Photo / AP

Pop star Beyonce. Photo / AP

Music superstar Beyonce has quietly parted ways with her longtime business manager after a decade together.

Lee Anne Callahan-Longo was promoted to the position of the singer's general manager in 2011, after Beyonce cut ties professionally with her dad, Mathew Knowles, who had overseen her rise to fame with Destiny's Child and the launch of her subsequent solo career.

However, Beyonce, 34, has since given her management team a complete makeover, hiring former JPMorgan Chase executive Steve Pamon for her Parkwood Entertainment company in late 2015.

Pamon previously served as the financial firm's head of sports and entertainment marketing, and set up the bank's sponsorship of Beyonce and husband Jay Z's joint On The Run Tour in 2014.

"Beyonce basically cleaned house, got rid of her whole team, which included her cousin, and hired a new team," a source told the New York Post's Page Six column.

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"She wants to surround herself with business people who could take her career to an even higher level.

"She has one album left to deliver before her deal is up with Columbia (Records), plus she wants to make smarter decisions where it comes to touring, sponsorships and acting roles," the source said.

A statement released by her representative, Yvette Noel-Schure, reads: "Lee Anne Callahan-Longo has worked with Beyonce for the last 10 years. Their friendship supersedes business, and while she is no longer an employee of Parkwood, she will remain an imperative part of Beyonce's life."

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The news of the management shake up emerges as Beyonce prepares to return to the Super Bowl stage with Coldplay on Sunday, three years after headlining the half-time show herself and staging a mini Destiny's Child reunion.

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