Nancy Dubuc takes CEO post at Vice Media

Galtero Lara
Marcha 13, 2018

"In her roughly 20 years at A+E Networks, Nancy played a major role in building the success of A&E, History, and Lifetime, and we thank her for her leadership", Disney-ABC Television Group's chief, Ben Sherwood, and Hearst's CEO, Steven Swartz, who run A+E's parent companies, said in a statement.

Dubuc is also no stranger to iconoclasts or controversy, having dealt with plenty over the years at A+E Networks - including "Duck Dynasty", which was a tremendous hit for A&E but ultimately a lightning rod for controversy.

A day after her departure from A+E Networks as president and CEO was made public, Nancy Dubuc has been confirmed as the CEO of Vice Media.

"Why Nancy Dubuc? Simply put, because rarely in business do you get to work in a ideal partnership", Smith said in a statement. She will replace Vice co-founder Shane Smith who is moving to a new position of Executive Chairman.

For her part, Dubuc in a statement said she has called A+E Networks home for almost 20 years, but that she needs to take on her next challenge. Second, it allows me to...concentrate on the only things that I am good at-content and deals.

The appointment comes as Vice has been facing a barrage of accusations of sexual harassment and a boy's club work environment. "Lastly, I get to work with one of my best friends and media heroes".

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Smith finished the press release quote in his typical flamboyant style: "We are a modern day Bonnie and Clyde and we are going to take all your money". Vice also produces news programming for HBO. In late January, Vice said Chief Digital Officer Mike Germano, who had been on leave during an internal investigation after he was named in the Times story, would not be returning.

The company has also struggled financially since raising $450 million at a whopping $5.7 billion valuation in June.

Vice, which is private and does not share its financials publicly, a year ago missed its $805 million revenue goal by more than $100 million, according to The Wall Street Journal.

"Shane and the team at Vice have done what all of us aspire to do - build a brand and make content that people really care about", said Dubuc.

Dubuc faces a bigger challenge in figuring out what to do next with Viceland, the channel that is an A+E-Vice partnership, which she oversaw in her old job. "Vice speaks to a generation that defines today's cultural conversation, and the opportunity to partner with all of the incredibly creative people across the entire company was one of those rare moments in a career".

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