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We reported on this back in October but Bad Boy has officially announced the promotion of Harve Pierre to President of the company.

"Harve's promotion to President is well deserved," Diddy says. "He has been with Bad Boy since the beginning and has worked hard to learn all aspects of the business. He has always been an important part of the A&R process and it is only fitting that Bad Boy would house his imprint, Crazy Joint. I look forward to Harve's continued success."

Bad Boy and Atlantic will begin distribution of Crazy Joint in May of this year.