Channel Seven boss Tim Worner RESIGNS after two decades with the network
Tim Worner has stepped down as CEO of Seven West Media after more than two decades with the company.
Worner served as CEO for six years, and will be replaced by former APN Outdoor chief executive James Warburton.
‘All parties agree now is the time for change,’ chairman Kerry Stokes said in a statement.
‘We are fortunate that James was available to commence immediately.’
Worner said he had ‘mixed emotions’ about tendering his resignation, but said the company was ‘very different to the one I joined 25 years ago’.
‘I would like to thank Kerry and the Board for the opportunity they provided me, and their ongoing support and counsel,’ Mr Worner said.
‘It’s with mixed emotion that I tender my resignation, however Seven – a company I love – is a very different company now from the one I joined 25 years ago. It’s changed faster than ever in these last few years and that’s down to the hard work of the best team in the business. I sincerely thank the team and I wish them absolutely nothing but continued success.’
More to come.