Vice Media Co-CEO Hozefa Lokhandwala Resigns, Bruce Dixon Now Sole CEO

Lokhandwala's departure follows a series of restructuring efforts at Vice Media, including bankruptcy filing, layoffs, and consolidation of divisions.

• Hozefa Lokhandwala has resigned as co-CEO of Vice Media Group, leaving Bruce Dixon as the sole CEO.
• Lokhandwala's departure follows Vice Media's filing for Chapter 11 bankruptcy protection and a $350 million sale to a group of its former lenders.
• Vice Media recently announced another round of layoffs and consolidated its five operating divisions down to two.
• Lokhandwala, who joined the company in 2018, previously served as chief strategy officer and worked at JP Morgan before joining Vice Media.
• Lokhandwala plans to spend time with family and friends before starting a new endeavor.

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