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Shane Smith is out as the CEO of $5.7 billion Vice — and a seasoned media exec is coming in to replace him
Business Insider3/13/2018 12:14:18 PM

YouTube, VICE News

  • Vice cofounder and CEO Shane Smith is officially stepping down from his role at the storied hipster media company, the company confirmed Tuesday.
  • Smith is replaced Nancy Dubuc, the former CEO of the cable company A+E Networks.
  • Dubuc joins on the heels of a rough financial year at Vice, which missed its revenue goals thanks to struggles with its TV channel Viceland. 
  • Dubuc also gets to deal with multiple executive sexual harassment scandals. 

Bryan Bedder/Getty ImagesShane Smith is officially out as CEO of Vice Media, as the company confirmed earlier reports that former A+E Networks CEO Nancy Dubuc would be replacing the media mogul as chief executive of the media company.

Smith, who cofounded the $5.7 billion media company in 1994, will move to the role of executive chairman to focus on stategic deals and content development, the company said. 

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