R&B singer Lloyd has parted ways with his longtime label home at The Inc.

After releasing three albums with Irv Gotti’s imprint, Lloyds insists the split was amicable.

He tells AllHipHop.com, “I’m ready for a change. There’s no bad blood. I just feel I need to take more control over my career and get a fresh start. Hopefully Irv can understand my position.”

Lloyd’s manager, Henry ‘Noonie’ Lee, adds: “Even though Lloyd is appreciative of the opportunity that has been afforded him by The Inc, he feels it’s time for him to move on and seek opportunities that will allow him to build and enhance his brand.”

Lloyd’s departure comes just a month after Ashanti reportedly walked out of her contract with Irv & Co.