Market provides a tepid goodbye as Kerry Stokes steps away from Seven-SCA
Today was Kerry Stokes’ last as chair of the newly merged business known as Southern Cross Media. Stokes had been holding the interim chair position after Southern Cross Austereo and Seven West Media came together late last year.
“For more than 30 years I’ve been involved at a direct level with the Seven Network,” Stokes was quoted as saying in an ASX announcement. “I’ve worked with some of the industry’s most gifted and talented people delivering innovative sport, news and entertainment content to Australian audiences.
“The newly merged organisation is an important part of the fabric of the Australian way of life and our people will continue to deliver the best quality outcomes to our customers and our communities.”
Former SCA chair Heith Mackay-Cruise took up the role from Stokes, saying “Kerry’s contribution to the media industry in Australia is unparalleled”.
