According to FOX News, Randy Jackson, the remaining original American Idol judge, will not be returning to the FOX talent competition next season. Jackson said in a statement that he will be leaving American Idol to focus on his record label and other business opportunities.

“To put all of the speculation to the rest, after 12 years of judging on American Idol, I have decided to leave after this season,” he said. “I am very proud of how we forever changed television and the music industry.”

FOX News adds that Jackson has served as a judge on all 12 seasons of American Idol. He first appeared on the panel alongside Simon Cowell and Paula Abdul when the competition launched in 2002, becoming famous for his easygoing “yo, dawg” rapport with contestants.

Jackson currently judges the show with pop royalty Mariah Carey, R&B diva Nicki Minaj and country star Keith Urban. His exit comes amid reports the entire panel will be replaced next season. A spokeswoman for FOX and spokesman for the series’ producer FremantleMedia declined to comment.