Hozefa Lokhandwala is the latest top exec to leave Vice Media Group. Lokhandwala has been co-CEO since Februrary, when he and Bruce Dixon took over following Nancy Dubuc’s departure.
Dixon will now be the sole CEO of VMG as Lokhandwala pursues other opportunities. He had previously been Chief Strategy Officer at VMG since October 2018, having been an MD in the Media Investment Banking Group at J.P.
Morgan before joining the youth-skewing media company. His exit follows a number of layoffs at the company over the year, twelve months that has seen its bankruptcy sale.
The company was acquired at the end of July by a group of its former lenders, Fortress Investment Group, Soros Fund Management and Monroe Capital.
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