Setback is largely due to the struggling Viceland cable-TV channel
Vice Media, working to stabilize its executive ranks, endured a substantial revenue miss last year and is trying to fend off shareholders pressing for an exit.
Vice, whose $5.7 billion valuation makes it the most valuable new media company, missed its 2017 revenue target of $805 million by more than $100 million, according to people familiar with the matter.
Mr. Creighton, who has denied the allegations, didn’t respond to requests for comment. A Vice spokesman said the company’s review of the matter is continuing.
Vice has also been working to fill out its top executive ranks to give more support to its co-founder and Chief Executive Shane Smith, who is focusing on long-term strategy and on making content, according to people familiar with the matter. The situation with Mr. Creighton is a complicating factor in that effort, one of the people said.