Seven West Media has announced a significant leadership transition. Jeff Howard, currently serving as the Chief Financial Officer, is set to take the reins as the Managing Director and Chief Executive Officer. He will succeed James Warburton, who has announced his intention to step down at the end of FY24.

The transition is expected to be effective on or before 30 June 2024.

Kerry Stokes AC, Chairman of Seven West Media, SAID: 'Jeff has an immense depth of experience and exposure across the broad media industry and the right balance of skills to deal with a dynamic and evolving media landscape.' Stokes praised Howard's commercial knowledge, passion, and commitment, asserting that these qualities would 'ensure a strong performance focus at this critical time of change and innovation for the industry.'

Howard, who has served as SWM’s Chief Financial Officer since January 2020, said: 'As we look to the next phase of growth in an ever-changing industry, our focus is on continuing to create great content to be the most connected news, sport and entertainment brand in Australia, while driving value for shareholders,' he said.

Outgoing CEO James Warburton reflected on his tenure at SWM, noting the company's transformation and its position as a leader in total TV in both ratings and revenue. 'Jeff is an extremely talented leader and the transition to him will be seamless. I can’t think of a better person to lead the best media executive team in the business,' Warburton said.

The announcement of Howard's promotion has triggered a search for a new Chief Financial Officer at SWM. Howard, has held senior leadership roles in the media sector for over 13 years, including nearly four years as Chief Financial Officer at SWM.