Seven announces restructure, warns of ‘tough decisions’ to come

Seven has announced a restructure to eliminate duplication and simplify its operating model and leadership structure with a focus on eight key divisions.

The change will “transform the business into a leaner and more agile company” with the introduction of a new chief content officer, a new chief marketing officer and a new chief digital officer put in place, all reporting into CEO James Warburton.

Seven’s new structure (Click to enlarge)

The change is said to help Seven with its new content-led growth strategy and follows the appointment of Warburton as CEO in July after long-time Seven boss Tim Worner left the business. Warburton entered just days before the company presented its annual reporting which saw it take a $444.4m loss.

Speaking to Mumbrella after the results, Warburton admitted the media business skews too old with its audiences and revealed a plan to revitalise the content produced to target a younger audience.

Warburton has been rumoured to have planned a restructure for Seven from since his appointment in July

Regarding the restructure, Warburton said:”With the new organisational structure, we have focussed on simplifying the SWM [Seven West Media] organisation to enable our content-led growth strategy. This new flatter structure will cement our position as Australia’s leading media group with content at the heart of the business, digital growth maximised, duplication of roles removed in all areas and operating efficiencies implemented.

“We have had to make some tough decisions in order to build the network for the future. I take very seriously any decision that impacts our people and I am grateful for the loyalty and commitment shown by our team over many years. Anyone impacted by changes will have dedicated support and respect throughout the process of transition”.

It hasn’t yet been confirmed who will face the axe in the restructure, but in a note to staff, Warburton noted some staff would be leaving the business today.

“I take very seriously any decisions that impact our people and I am grateful for the loyalty and commitment shown by our teams over many years,” he said.

Warburton has already dispatched of head of sport Saul Shtein. Head of corporate affairs Stephen Browning also announced his departure from Seven, although it’s understood that is unrelated to the restructure.


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