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Vice C.E.O.’s Departure Signals Fallen Hopes for Digital Media


She also nods to other improvements under her leadership, including the creation of a more inclusive work environment. Ms. Dubuc joined Vice shortly after investigating the company’s culture, including by The Timesdisclosed cases of sexual harassment against women working for the company.

“I know you are one of the most resilient, creative and determined talents in the business, and your future is bright and hopeful,” Ms. Dubuc wrote in her email. “Remember what I tried to remind you of, and that’s appreciate what you’ve gone for.”

Reached by phone on Friday, she declined to comment further.

In a statement, Vice’s board said Ms Dubuc had joined the company at a critical period and “positions the company for long-term success”, adding that Vice would soon announce new board of directors for the company.

Vice declined to comment on the discussions in his boardroom.

Ms. Dubuc replaced Vice founder Shane Smith, who struck a series of deals that valued the company higher than ever but left it with heavy financial obligations on investors. increasingly anxious, who do not want to get out.

There was a major point of tension at the start of Ms. Dubuc’s appointment.

In March 2018, Vice’s board met via videoconference in a special session to select a new chief executive officer, according to a copy of the meeting minutes obtained by The Times and two people with knowledge of the matter. knowledge of board discussions is obtained. Mr. Smith, a board member, told other executives that the release of information to the press forced the company to speed up some decision-making processes.

Additionally, Kevin Mayer, a board member then a senior Disney executive, expressed disappointment that he didn’t know about Ms. Dubuc’s employability until it came to a stage. Final. Disney has an ownership stake in Vice and A&E Networks, where Ms. Dubuc is chief executive officer.

However, the board approved Ms. Dubuc’s hire, expressing optimism that an executive with experience with Ms. Dubuc’s track record could address cultural issues at Vice and improve efficiency. financial results before a potential sale. Mr Mayer, who was furious, abstained.

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