James Warburton has resigned as CEO and Managing Director of Seven West Media, to take impact by the tip of June 2024, after what shall be some 5 years within the function.
He shall be changed by Jeff Howard, at present Chief Financial Officer.
“It has been an unimaginable journey at SWM and with an exceptionally proficient staff in place, the time is true for the corporate to take the following step. I take nice satisfaction within the transformation of SWM in recent times and its place because the chief in whole TV in each rankings and income,” stated Warburton.
“A major enchancment within the steadiness sheet and digital earnings, underpinned by long-term AFL and cricket TV and streaming rights, and the acquisition of Prime have given the corporate a really robust future. I’ve now spent greater than 15 years of my skilled life working for Seven (in two stints) and I’d prefer to thank Kerry and Ryan Stokes, the opposite Directors and our main shareholders for the great alternative and their help.
“Jeff is an especially proficient chief and the transition to him shall be seamless. I can’t consider a greater particular person to steer the perfect media government staff within the enterprise. While I sit up for the following chapter in my profession, I’m assured I’m leaving SWM in glorious fingers,” he stated.
Kerry Stokes AC, Chairman of Seven West Media thanked Mr Warburton for his contribution to the enterprise over a few years.
“On behalf of the Board and our folks, I want to thank James for his vitality, enthusiasm and excellent contribution. James got here to SWM at a troublesome time and has been immensely profitable in reinvigorating Seven’s rankings, strengthening the steadiness sheet and setting Seven up for future success,” he stated.
Of incoming CEO Jeff Howard he stated, “Jeff has an immense depth of expertise and publicity throughout the broad media business and the precise steadiness of abilities to cope with a dynamic and evolving media panorama. Having labored as SWM’s Chief Financial Officer since January 2020, he’s properly positioned to proceed the momentum created by James. His industrial information, ardour and dedication will guarantee a robust efficiency focus at this crucial time of change and innovation for the business.”
Mr Howard added: “I’m delighted to be taking up the function of Managing Director and Chief Executive Officer, having labored with James for various years. James is leaving SWM in a robust place to benefit from the alternatives that lie forward. As we glance to the following section of progress in an ever-changing business, our focus is on persevering with to create nice content material to be probably the most related information, sport and leisure model in Australia, whereas driving worth for shareholders. Our technique of premium viewers technology and engagement throughout all of SWM’s platforms will stay on the forefront of all the pieces we do.”
The transition shall be efficient on or earlier than 30 June 2024. The seek for a brand new SWM Chief Financial Officer has commenced.
