Rihanna is stepping down as CEO of Savage X Fenty , the lingerie brand she co-founded in 2018. While she still remains as executive chair of the brand, Rihanna said the latest change is part of the company’s effort to keep expanding the vision. “It’s been beautiful to see our vision for Savage X Fenty impact the industry at such an incredible magnitude over the last five years,” the “Diamonds” singer said, according to Vogue Business . “This is just the beginning for us, and we’re going to continue to expand in ways that always connect with the consumer.”