Nancy Dubuc revealed on Friday she was leaving Vice Media Group as CEO after five years. She will be replaced by Bruce Dixon and Hozefa Lokhandwala.
The pair will become co-CEOs. Hozefa has been Chief Strategy Officer at VMG since October 2018, and Bruce has been Chief Financial Officer at VMG since 2021 and was previously CFO of Vice Studios.
It comes as the board has launched a process to sell — an acquisition of the whole company, a strategic recapitalization, or other transactions involving individual assets — under the oversight of a Special Board Committee.
Before joining Vice, Lokhandwala was an MD in the Media Investment Banking Group at J.P. Morgan. Prior to Vice, Dixon was Finance Director, Global Markets for BBC Studios, and was Group Controller and Head of FP&A for Central Media Enterprises “Hozefa and Bruce are incredibly experienced and deeply talented executives who enjoy the full trust of Vice’s leadership team and Board, and are the right individuals to lead Vice forward.
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