Beyonce will no longer be managed by her father, Mathew Knowles, reports The Associated Press.

According to her publicist Yvette Noel-Schure Monday, the Grammy-winning singer and her father have parted ways “on a business level.”

“I am grateful for everything he has taught me,” Beyonce said in the statement. “I grew up watching both he and my mother manage and own their own businesses. They were hardworking entrepreneurs and I will continue to follow in their footsteps.”

Reports say the decision was mutual but no details about Beyonce’s new manager have been revealed.

Knowles has managed his daughter since she debuted as a teen in the multiplatinum-selling group Destiny’s Child in the late 1990s and throughout her superstar career as a solo artist.

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