Vice Media's brash CEO resigns, A+E Networks chief steps up [MSNBC.com]
Fox Corporation - Class A (FOXA)
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Source: MSNBC.com
Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings. Shane Smith, the chief executive and co-founder of Vice, announced on Tuesday that he is resigning as the leader of the millennial-focused company that he built into a new-media giant. Nancy Dubuc, the CEO of A+E Networks, will take the reins, with Smith moving to an executive chairman role at the Brooklyn-based company. Why Nancy Dubuc? Simply put, because rarely in business do you get to work in a perfect partnership, Smith said in a press release. First off, she is better than me at everything. I get to work with one of my best friends and media heroes, Smith added, before closing with a characteristically brash pronouncement: We are a modern day Bonnie and Clyde and we are going to take all your money. Nancy Dubuc speaks onstage at The Hollywood Reporter's 2017 Women In Entertainment Breakfast at Milk Studios on Dec. 6, 2017 in Los Angeles. Jesse Grant / Ge
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