Following months of speculation, it has now been announced the British singer will join Simon Cowell and record executive L.A. Reid on the judging panel of the show and she says she can't wait to get to work.
The 27-year-old beauty - who has been a judge on "The X Factor" since 2008, mentoring the winning act in her first two series - said, "I'm so excited to be taking part in the American version of 'The X Factor'."
"I absolutely love it here in the UK, and with the talent they have out in America, I'm sure we're going to find someone very special. I can't wait to get started."
"I just can't decide whether I am more excited to find and nurture the talent or for the unbelievable amount of amusement and entertainment I will have watching Simon doing everything and anything he can to beat me."
"He's tried to beat me for three years in the UK, and hasn't even come close. His ego must be so bruised. America is gonna love this."
Simon - who, along with Cheryl, has quit the UK show - said, "I'm thrilled for Cheryl. She is massively excited about this show, and has been fantastic to work with. She is also a complete brat! Most importantly, this girl can spot talent."
Cheryl impressed executives at Fox with her performances on the UK version and they are sure she will be a hit with American audiences.
Mike Darnell, President of Alternative Entertainment and Fox, said, "Cheryl Cole has the whole 'X Factor' package. She's an incredibly talented artist and performer, as well as a style icon, and she has that special charisma that draws in fans around the world."
"Cheryl's charm and chemistry with Simon have been a key part of the overwhelming success of 'The X Factor' in the UK, and we can't wait to welcome her to the US on our air."
Although the fourth member of the judging panel is yet to be confirmed, it is widely predicted it will be Simon's former "American Idol" judge Paula Abdul.