Seven West Media leadership succession announcement

Seven West Media (ASX:SWM) has announced the appointment of Jeff Howard as the incoming Managing Director and Chief Executive Officer, succeeding James Warburton, who intends to step down from the role at the end of FY24. Mr Howard, currently the Chief Financial Officer of SWM, will assume the new role on or before 30 June 2024.

Chairman and Incoming CEO's Comments on Leadership Transition

Kerry Stokes AC, Chairman of Seven West Media, expressed confidence in Jeff Howard's extensive experience and skills to navigate the evolving media landscape. Mr Howard emphasized the company's focus on creating great content and driving value for shareholders, aiming to be the most connected news, sport, and entertainment brand in Australia. James Warburton, the outgoing CEO, expressed pride in the company's transformation and confidence in Jeff Howard's leadership.

Summary of Seven West Media's Leadership Succession Announcement

Seven West Media has appointed Jeff Howard as the incoming Managing Director and Chief Executive Officer, succeeding James Warburton. The transition is expected to be effective on or before 30 June 2024. The company aims to continue its strategy of premium audience generation and engagement across all platforms, focusing on creating great content and driving value for shareholders. The Chairman thanked James Warburton for his contribution, acknowledging his successful efforts in reinvigorating Seven's ratings and strengthening the balance sheet. The outgoing CEO expressed confidence in Jeff Howard's leadership, emphasizing a seamless transition. Seven West Media is set to continue its position as a leader in total TV, with a strong focus on future growth and innovation in the media industry.