Vice Media CEO Nancy Dubuc is stepping down
Publishing timestamp: 2023-02-24 12:37:40
Summary
Nancy Dubuc, CEO of Vice Media, is stepping down after five years at the helm. She is leaving shortly after Vice restarted its sale process. Dubuc joined Vice in 2018 after leaving her post as CEO of A+E Networks. Vice is facing challenges due to shrinking audience numbers and advertising, and is likely to fetch a price tag below $1 billion. Dubuc thanked Vice's board of directors and co-founders in her memo and expressed her confidence in the team's resilience and creativity.
Sentiment: MIXED
Tickers: GOOGL,
Keywords: business, business news, alphabet inc, media,
Source: https://www.cnbc.com/2023/02/24/vice-media-ceo-nancy-dubuc-is-stepping-down-.html