Kerry Stokes will become interim chairman of Southern Cross Media for another seven weeks, with a new era for Seven on the horizon.
Southern Cross Media Group has now completed the acquisition of Seven West Media.
Here are excerpts from today’s ASX announcements:
Jeff Howard takes on the role of Managing Director & CEO as of today. Jeff Howard’s key terms of employment at Southern Cross Austereo Pty Ltd as Managing Director and CEO of Southern Cross, effective today, are consistent with the terms announced to ASX by Seven Ltd on 7 December 20232.
Effective today, John Kelly has stepped down from the Southern Cross Board as Chief Executive Officer and Managing Director, becoming Managing Director of Southern Cross Group, Audio.
Following the successful implementation of the scheme, seven CFO Craig Haskins has informed the Board of Directors of his intention to retire after a transition period during the current quarter. While the search for an ongoing CFO is completed, Toby Potter will continue as CFO of Southern Cross on an interim basis.
Southern Cross Key Management Personnel (KMP) consists of Jeff Howard and Toby Potter.
The following individuals have been appointed to the Southern Cross Board with effect from today:
– Kerry Stokes AC (Interim Chairman)
– Ryan Stokes AO (Non-Executive Director)
– Michael Malone (non-executive director)
– Teresa Dyson (Non-Executive Director)
– Jeff Howard (Managing Director and CEO)
These individuals join Southern Cross’ existing non-executive directors, Heith Mackay-Cruise, Marina Go and Ido Leffler.
Kerry Stokes AC will assume the role of Chairman of the Board of Directors until he steps down from the Board of Directors at the end of February 2026, handing over the role to Heith Mackay-Cruise. Michael Malone will also step down as director at the end of February 2026.
Trading in SWM shares on the ASX was suspended at the close of trading on December 24, 2025, as previously announced. SWM intends to apply for the delisting of SWM shares and their removal from the official list of the ASX. SWM is expected to be delisted from ASX with effect from January 8, 2026. This announcement has been authorized by the board of Seven West Media to be made to ASX.
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