Vice TV Chief Morgan Hertzan Sets Exit; Pete Gaffney Named Interim Replacement

deadline.com:

Vice Television is going through a shuffle at the top, with head exec Morgan Hertzan set to exit next week and Pete Gaffney replacing him on an interim basis.

The move was just announced internally by Vice Media Group CEO Bruce Dixon in a memo to employees. (Read it in full below, along with Hertzan’s own farewell message.) Hertzan plans to segue to another, unspecified opportunity after his last day at Vice on April 12.

His move follows waves of staff departures and dramatic changes at Vice. The onetime media industry darling filed for bankruptcy last year and was acquired for $350 million (a fraction of its valuation a decade ago) by a consortium led by Fortress Investment Group.

A+E Networks remains a stakeholder in Vice TV. On pay-TV, the network launched as Viceland in 2016 after taking over A+E’s H2 in a rebrand before later adopting the name Vice TV.