Ex Seven legal chief Bruce McWilliam buys back in as SCA shareholder
Bruce McWilliam is now a substantial shareholder of Seven Network owner SCA
Seven’s former commercial director Bruce McWilliam has scooped up a 5.3% stake in Southern Cross Austereo, less than two months after Seven’s longtime chairman Kerry Stokes stepped away from the newly merged company.
According to a notice lodged with the ASX on Monday, McWilliam made a series of purchases, beginning on March 31, spending around $14.1m on eight tranches of shares — the majority of which were bought from Spheria Asset Management.
McWilliam left Seven in March 2024, after spending more than two decades as one of Stokes’ most trusted advisors. Seven was absorbed by SCA in early January.
