Seven West Media, one of Australia’s leading media conglomerates, has announced a forthcoming change in its executive leadership. James Warburton, the current Chief Executive Officer (CEO) and Managing Director, will step down from his position by the end of the 2024 fiscal year. This move comes as a strategic decision by the company to ensure a seamless transition and maintain a strong performance focus during a time of change and innovation within the industry.
Warburton himself informed Seven West of his intention to leave the CEO role. To succeed him, Jeff Howard will assume the responsibilities of both CEO and Managing Director. Howard has been serving as the company’s Chief Financial Officer (CFO) since January 2020. His extensive commercial knowledge, passion, and commitment make him an ideal candidate to lead Seven West during this critical period.
Kerry Stokes, Chairman of Seven West Media and a stakeholder with a 17% ownership in the company, expressed confidence in Jeff Howard’s abilities and highlighted the importance of maintaining a performance-driven approach amidst the ongoing transformations in the media landscape.
It is worth noting that Seven Group, founded by Kerry Stokes and now headed by his son, holds the largest stake in Seven West Media, with a 23% ownership.
James Warburton, who previously served as CEO at rival network Ten Network, assumed leadership of Seven West Media in 2019. His contributions to the company during his tenure have been significant.