Sherri Shepherd — comedian, View guest host, and person-who-thinks-she-deserves-as-much-money-as-Whoopi — will now permanently join Barbara Walters and Co. in their 11th season.

"It's her!" a source tells PEOPLE, adding that Shepherd will appear on Monday's show for the highly anticipated announcement from co-host Barbara Walters.

Showbiz insiders have long suspected that Shepherd would link with new co-host Whoopi Goldberg alongside Walters, Joy Behar and Elisabeth Hasselbeck for the 11th season of the weekday show.

It's pretty uninspired to have an all-black and white panel, but it's better than an all-white panel, I suppose. Following Whoopi's lead, Shepherd's first order of business will probably be to tell everyone to try to understand the culture of the DC snipers before you judge their crimes.

[People]