In a monumental shift for Australian media, Kerry Stokes AC has officially stepped back from his role as chairman of Seven West Media, concluding an extraordinary 47-year leadership journey that shaped the nation's broadcasting landscape.
A Legacy Decades in the Making
The media titan's departure marks the end of one of the longest-serving corporate leadership tenures in Australian business history. Stokes, who remains as a director on the board, will be succeeded by current deputy chairman Jeffery Browne in a carefully planned transition.
This leadership change comes at a pivotal moment for the media giant, which oversees the Seven Network, The West Australian newspaper, and various digital assets. The company confirmed the transition would take effect immediately following Thursday's annual general meeting.
From Humble Beginnings to Media Mogul
Stokes' remarkable journey with Seven began in 1977 when he first joined the board. His strategic vision and business acumen transformed the network into one of Australia's dominant media forces. Under his stewardship, Seven became synonymous with Australian television through hit shows, groundbreaking news coverage, and major sporting broadcasts.
The 83-year-old billionaire's influence extended far beyond the boardroom, playing a crucial role in shaping Australian media policy and competition landscape throughout nearly five decades of rapid industry evolution.
A New Chapter for Seven West Media
Incoming chairman Jeffery Browne brings extensive media experience to the role, having served as deputy chairman since 2022. The transition signals a new era for the company as it navigates the increasingly competitive digital media environment.
Current CEO James Warburton praised Stokes' unparalleled contribution, noting that his leadership through multiple industry transformations established Seven as an enduring Australian institution.
The media landscape Stokes leaves behind is dramatically different from the one he entered in the 1970s, yet Seven West Media remains a powerhouse in Australian broadcasting, a testament to his strategic leadership and vision.