Britney Spears' longtime manager Larry Rudolph resigns, saying she intends to 'officially retire'
Following Britney Spears’ bombshell testimony over her controversial conservatorship, the “Toxic” singer’s longtime manager has resigned.
In a letter of resignation obtained by Deadline, Larry Rudolph explained why he wanted to step down from the role he’s held since 1995.
“It has been over 2 1/2 years since Britney and I last communicated, at which time she informed me she wanted to take an indefinite work hiatus,” Rudolph wrote, noting he recently became aware of Spears’ “intention to officially retire.”
He continued, “As you know, I have never been a part of the conservatorship nor its operations, so I am not privy to many of these details. I was originally hired at Britney’s request to help manage and assist her with her career. And as her manager, I believe it is in Britney’s best interest for me to resign from her team, as my professional services are no longer needed.”
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The letter, addressed to the co-executors of Spears’ conservatorship, James “Jamie” Spears and Jodi Montgomery, ended with Rudolph’s request to resign as manager. Jamie Spears manages his daughter’s finances, while Montgomery is in charge of Spears’ personal affairs.
“I will always be incredibly proud of what we accomplished over our 25 years together,” he expressed. “I wish Britney all the health and happiness in the world, and I’ll be there for her if she ever needs me again, just as I always have been.”
Spears, 39, pleaded with a judge last month to end her 13-year conservatorship, claiming that it is “abusive” and is “doing me way more harm than good.” Her attorney, Samuel Ingham III, previously told the court that his client wouldn’t perform as long as her father had control over her estate.
Last week, Judge Brenda Penny, who heard the singer’s testimony, signed paperwork denying the star’s request to remove her father from her conservatorship. Soon thereafter, Bessemer Trust, the wealth management firm approved to manage the singer’s finances alongside Jamie Spears, resigned from its role as co-conservator.
The next hearing is scheduled for July 14.
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