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REPORT: Tyra Banks is Replacing Ivanka Trump as 'Celebrity Apprentice' Advisor

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Just one day after Tyra Banks revealed she welcomed a baby boy via surrogate, the new mom has another reason to celebrate!

According to Us Weekly the 42-year-old TV star is replacing Ivanka Trump — who is pregnant with her third child — as an advisor on Celebrity Apprentice for Season 15.

Donald and Ivanka on Celebrity Apprentice in 2009. (Photo Credit: Getty Images)

This news comes just months after it was announced Donald Trump — who appeared on the hit reality show from 2004 until 2015 — handed his Apprentice hosting duties over to Arnold Schwarzenegger. "#CelebApprentice will be back… with Arnold @Schwarzenegger leading the Boardroom!" a message published on the program's official Twitter account in September 2015 read.

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Tyra similarly revealed she was leaving her daytime talk show, FABLife, to instead focus on her TYRA Beauty cosmetics line last November. The program — which also includes co-hosts Chrissy Teigen, Joe Zee, Leah Ashley and Lauren Makk — was subsequently canceled after just one season on Tuesday, Jan. 19.