A+E Networks has upped Nancy Dubuc to the role of president and CEO, and has elevated previous president and CEO Abbe Raven to the newly created position of chairman. The new positions are effective on June 1.
Dubuc, most recently A+E Networks’ president, entertainment and media, will oversee the day-to-day operations of the company, and will have brand groups and business divisions reporting to her. Raven, meanwhile, will spearhead the media company’s long-term business and revenue opportunities, as well as public policy initiatives, and will serve as corporate strategic adviser.
The announcement was issued by the A+E Networks’ board of directors, led by Anne Sweeney, co-chairman, Disney Media Networks and president, Disney/ABC Television Group; and Steven Swartz, president & COO, Hearst Corporation. Raven will report directly to the company’s board and Dubuc will report both to Raven and the board.
“A+E Networks is the global media powerhouse it is today because of Abbe’s leadership and vision,” said Sweeney and Swartz in a joint statement. “Abbe and Nancy have enjoyed one of the most successful partnerships in our business. Together, over the last several years, they have built some of the strongest brands in media. We look forward to the company’s next chapter as Abbe becomes chairman and Nancy steps into her expanded new role as president and CEO and leads the company into the future.”
Dubuc was last promoted in September of 2012. The role of president, entertainment and media gave Dubuc oversight of content creation, brand development and marketing for the entire A+E portfolio, as well as the company’s international and digital divisions.
Dubuc began her career at A+E Networks as director of historical programming for History, moving to SVP of programming for A&E and then, in 2006, to SVP of non-fiction programming and new media content, for what was then known as A&E Television Networks. From there, she moved to lead the History brand, which has enjoyed unprecedented growth under her leadership. In 2010, Lifetime also came under her watch.
Raven has led A+E Networks as president and CEO since 2005, and drove the company to triple its earnings and expand its global portfolio. Under her watch, the company’s channels and branded programming have reached more than 350 million households in over 150 countries.
“I am incredibly humbled by the opportunity to lead a company I love so much,” Dubuc said in a statement. “I built my career here and I thank Anne and Steve for their confidence and trust.
“Abbe has been a great mentor and partner for over 10 years,” she continued. “She created a corporate culture at A+E Networks where creativity thrives and as a result we cultivated some of the most powerful global brands in media. The biggest lesson I learned from her is that a great leader is nothing without a great team. I would like to thank all my colleagues for their continued support as we write this next chapter together. We have a powerful portfolio of brands that are well-positioned for future growth, both domestically and internationally.”
“I am delighted that our next president and CEO has been chosen from within our own ranks once again,” Raven said. “A+E Networks’ culture has always been about rewarding success and encouraging innovation. Nancy is one of the most talented executives working in media today – a decisive leader, with her hallmark drive and determination. I am so proud of what Nancy, the management team and our employees have accomplished and I know they will take A+E Networks to new heights.”