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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Seven West Media Limited    SWM   AU000000SWM4

SEVEN WEST MEDIA LIMITED

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Seven West Media : Appoints Charlotte...

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10/08/2019 | 06:06pm EDT

NEWS RELEASE: 9/10/2019

SEVEN WEST MEDIA APPOINTS CHARLOTTE VALENTE

IN NEWLY CREATED CHIEF MARKETING OFFICER ROLE

Seven's Managing Director and CEO, James Warburton, today announced the appointment of Ms Charlotte Valente in the newly created role of Chief Marketing Officer of the group, effective October 21, 2019.

Ms Valente joins the newly streamlined, eight person senior management team reporting directly to Mr Warburton.

Mr Warburton said "Charlotte will bring a strong viewer and client focus to this newly created, senior role in the group, with a focus on launching Seven's new marketing initiatives, as well as enhancing the look and feel of the brand.

"I worked with Charlotte at APN Outdoor, where she was instrumental in implementing a successful change strategy to help move the company from an asset-led to an audience-first business, a similar role she will perform at Seven.

"The CMO role is a first for Seven and will cover a broad range of viewer and business facing marketing initiatives, including data analytics, on-air promotions, digital optimisation and public relations", he added.

Ms Valente has worked in strategic marketing roles with range of leading media and marketing organisations including APN Outdoor, Big Red Group and Adshel in Australia and the BBC and The Guardian Media Group internationally.

She said "I am delighted to work with James again and be a part of Seven's transformation towards a more audience- centric group, with a strong focus on delivering engaging broadcast and digital content.

"Integrating Seven's multiple platforms to provide an accessible and captivating media offering will be my main priority", she added.

The appointment of Ms Valente will be followed by two others - Chief Digital Officer and Chief Content Officer - to be part of the new senior management team, joining Kurt Burnette (Chief Revenue Officer), Mr Bruce McWilliam (Commercial Director), Warwick Lynch (Chief Financial Officer), Katie McGrath (Chief People and Culture Officer) and Maryna Fewster (CEO - SWM WA).

Mr Warburton said "Charlotte's appointment and creation of a leaner management team are all parts of our transformation strategy for the group, more details of which will be revealed at our upfronts on October 23".

For Further Information:

Tim Allerton 0412 715 707

Disclaimer

Seven West Media Limited published this content on 09 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 October 2019 22:05:03 UTC

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Financials (AUD)
Sales 2020 1 486 M
EBIT 2020 158 M
Net income 2020 -50,9 M
Debt 2020 554 M
Yield 2020 -
P/E ratio 2020 -2,31x
P/E ratio 2021 1,91x
EV / Sales2020 0,45x
EV / Sales2021 0,42x
Capitalization 120 M
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Mean consensus HOLD
Number of Analysts 8
Average target price 0,25  AUD
Last Close Price 0,08  AUD
Spread / Highest target 477%
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Managers
NameTitle
James R. Warburton Chief Executive Officer & Managing Director
Kerry Matthew Stokes Chairman
Jeffrey Peter Howard Chief Financial Officer
Ryan Kerry Stokes Non-Independent Non-Executive Director
David Evans Independent Non-Executive Director
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