Vice Media announced that Nancy Dubuc would leave his position as CEO of A + E Networks and take over the general management of the digital media company. Outgoing co-founder and CEO Shane Smith will become executive chairman.
Variety reported yesterday that Dubuc was in talks for work, with Disney and Hearst (parent companies of A + E) confirming his departure.
Dubuc already sits on Vice's board of directors. A + E, she participated in the partnership that launched Viceland, the cable channel of Vice.
In the announcement, Smith describes Dubuc as "better than me at all," and says his new role will allow him to "focus on the only things I'm good at – content and offers."
"We are a modern day Bonnie and Clyde and we will take all your money," he added.
Dubuc, meanwhile, said: "It's an honor to join a brand with such an opportunity and I look forward to developing the platform for decades to come."
Vice claims to have had record traffic and double – digit revenue growth last year, but has also announced many layoffs over the past year. And a recent New York Times report on allegations of sexual harassment in the company led to an apology for the "boys' club" culture and departing from at least one leader.