We knew The New Celebrity Apprentice was going to premiere in January on NBC, and now we have a date. The series, set in Los Angeles with new host Arnold Schwarzenegger reigning over the boardroom, will premiere at 8 PM Monday, January 2.

The new season’s advisers include investment guru Warren Buffett, Los Angeles Clippers owner and former Microsoft CEO Steve Ballmer; supermodel and actress Tyra Banks, CEO of the Tyra Banks Company and cosmetics brand Tyra Beauty; actress, author and entrepreneur Jessica Alba, founder and chief creative officer of the Honest Company and Honest Beauty; and entertainment attorney Patrick Schwarzenegger, Arnold’s nephew.

NBC also set a premiere date for its new Wizard of Oz drama series Emerald City. It will debut at 9 PM Friday, January 6, following Grimm in its sixth and final season at 8 PM.