Ashlee Simpson, Pete Wentz engaged

Ashley Simpson and her boyfriend Pete Wentz, of the band Fall Out Boy, arrive together at the Rolling Stone 40th anniversary party in this Sept. 2007 file photo, at the Hard Rock Hotel and Casino in Las Vegas. [Agencies]

Ashlee Simpson and her rocker boyfriend Pete Wentz are engaged.

"We know there has been a lot of speculation recently about Pete and I, and we wanted our fans to be the first to know, because you guys are the best," Simpson said in a statement posted Wednesday on People magazine's Web site. "Yes, we are thrilled to share that we are happily engaged."

Simpson's manager-father, Joe Simpson, told the magazine he's "totally happy" and "so excited to have Pete as part of (our) family."

The couple began dating in fall 2006, according to People.

Wentz, 28, is bassist for Fall Out Boy. Simpson, 23, a singer, songwriter and actress, is the younger sister of pop star Jessica Simpson. Ashlee Simpson's new album, "Bittersweet World," is set for release on April 22.

A phone message left Wednesday for Joe Simpson by The Associated Press was not immediately returned.