Kerry Stokes’ Seven West Media is searching for a new chief financial officer after it “reluctantly accepted” Dave Boorman’s resignation on Monday.
Seven deputy CFO Warwick Lynch will assume Mr Boorman's role as the company searches for a permanent replacement.
Mr Boorman’s departure comes six weeks after Australia’s No 1 commercial free-to-air network farewelled chief operating officer Nick Chan as the company restructured management and cut costs.
Seven said in a statement to the ASX that it had “reluctantly accepted” the resignation of Mr Boorman, who joined the network in June 2013, after serving as CFO at Vodafone Hutchison Australia.
Mr Stokes said: “Dave has been an excellent contributor during his time with us, bringing improvements across many aspects of the business and impressing us with his approach”.
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