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Seven West Media commercial director Bruce McWilliam has resigned from the company after a 21-year reign.
Seven announced McWilliam’s departure in a statement on Thursday, with chairman Kerry Stokes thanking him for his “significant contributions” to the media company.
“Bruce has been an excellent leader of Seven over the past 21 years, having been involved in every major corporate initiative we have undertaken over that period, and a director of Seven Group Holdings for many years,” said writes Stokes.
“I thank Bruce for his significant contribution to Seven West Media and Seven Group Holdings and wish him and Nicky all the best for the future.”
Managing Director and CEO James Warburton also paid tribute to McWilliam, calling him a media industry icon.
Seven West Media commercial director Bruce McWilliam (pictured) has resigned after 21 years with the media organisation.
Warburton added that Seven employees will miss working alongside McWilliam, who would generously offer his time and advice.
“Bruce is a dean of the media industry and has played a fundamental role in every development of the Seven business for over two decades,” Warburton wrote.
“Working with Bruce has always been very rewarding and fun, and he is always extremely generous with his time and advice.
“His wise counsel, guidance, knowledge and sense of humor will be missed by everyone at Seven, and we all wish him the best for what lies ahead.”
Reflecting on his tenure at Seven West Media (SWM), McWilliam said he was “honoured” to be part of the organisation’s transformation and growth.
“I have had a fantastic 21 years at Seven since joining David Leckie and Peter Gammell and of course Chairman, Kerry Stokes,” McWilliam wrote.
“I have been honored to be a part of the company’s transformation, growth and success over the years.
“Working with Kerry Stokes and James Warburton during his two iterations at Seven was never boring.
“I am very proud of my association with Seven and the Seven team, and I wish them every success in the years to come.”
After his departure, McWilliam explained that he would concentrate on business and media consulting and real estate interests.
McWilliam first joined Seven West Media in 2003 as the company’s commercial director.
Before joining Seven, he was a director of BSkyB, executive director of News International Television and general counsel of News International PLC.
McWilliam served as President Kerry Stokes’ right-hand man (left). Managing director and chief executive James Warburton (right) said McWilliam was a media icon and will be missed.
McWilliam has also advised some of Australia’s most powerful media figures, including Kerry Packer in the 1980s and Rupert Murdoch in the 1990s.
He has also been a partner at Australian law firms including Gilbert+Tobin, Allen Allen & Hemsley, and even founded a law firm with former Prime Minister Malcolm Turnbull.
Seven has not yet announced McWilliam’s replacement.
McWilliam is estimated to own residential properties worth around $100 million in Sydney’s eastern suburbs, as well as commercial properties in Double Bay.
McWilliam lives on a property in Point Piper.