Three prime executives at Vice Media shall be leaving the corporate, a memo to employees mentioned Tuesday, a day after its $350 million sale closed to a consortium led by Fortress Funding Group.
Katie Drummond, Vice’s senior VP of world information and leisure, shall be stepping down from her function to “pursue different alternatives”, in response to the memo. Jason Koebler, editor-in-chief of Motherboard, and Emanuel Maiberg, Motherboard’s government editor, can even be leaving within the coming weeks.
Moreover, Matthew Schnipper, Vice’s senior director for international information operations shall be departing the corporate in September, “to focus totally on a ebook he’s writing for Random Home.”
Jamie Clifton, editor-in-chief of Vice Tradition, and Erica Manson, government producer of Vice Information and Leisure, will stay on the firm main edtiorial, multiplatform and video groups.
On Monday, the post-bankruptcy acquisition of Vice was accomplished with Fortress, Soros Fund Administration, and Monroe Capital buying the corporate for $350 million. At one time Vice Media was estimated to be valued at $5.7 billion.
“Our enterprise is totally dedicated to the continued editorial success and development in our publishing manufacturers,” learn the memo despatched to employees on Tuesday. “All wouldn’t be attainable with out our passionate editors and powerful model guardians in management.”
The interior be aware continued that “right now’s replace is bittersweet as we’re saying some modifications in senior editorial management.”
In keeping with the be aware, Drummond and Koebler will observe up with their respective groups “on an interim construction within the coming days.”
The memo thanked Drummond and Koebler for his or her “immense contributions” to Vice. “What a staff and large legacy,” says the memo.
“Whereas extra change is definitely not straightforward, I’ve full confidence within the staff who will lead our rebuild efforts,” the memo continued. “And I’m sure that is precisely what we want in our management for the longer term.”
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