Fox announced Tuesday it was premiering its new reality series “My Big Fat Obnoxious Boss” Sunday, Nov. 7 at 9 p.m. (ET).

Modeled after Fox’s reality series “My Big Fat Obnoxious Fiance,” the hour-long show will combine elements of NBC’s “The Apprentice” and ABC’s “The Benefactor” by taking 12 unsuspecting young business executives and introducing them to N. Paul Todd, the CEO and founder of a fictitious multibillion dollar company. The contestants think they are competing with one another for a $250,000 prize.

Unbeknownst to the contestants, “Mr. Todd” is being played by actor Steven Bailey, who will send the 12 on outrageous tasks.

In actuality a “mystery boss” will be evaluating the contestants’ performance and decide who will walk away with the $250,000.

“Boss” is produced by Rocket Science Laboratories, with Jean-Michel Michenaud and Chris Cowan executive producing.