Network Ten has announced the appointment of Carla Webb-Sear as its new chief financial officer, effective 14 May.

Webb-Sear is currently group general manager, finance, at Fairfax Media Limited. She will report to Network Ten CEO, Paul Anderson, and join the company’s leadership group.

Webb-Sear has held various finance roles at Fairfax Media Limited since December 2007, including finance director of the Australian publishing media division and group financial controller and investor relations.

Before joining Fairfax Media Limited, Webb-Sear worked at EMI Music Australia and PwC in Australia, the UK and the US.

Webb-Sear’s appointment follows the resignation of Dave Boorman, who has been Network Ten’s CFO since November 2015. He will remain with the company until 31 May. 

Paul Anderson said of the appointment: “I am delighted to welcome Carla to Network Ten. An experienced financial professional and strong strategic thinker, she has a proven track record in leading change in fast-paced, complex and transforming industries.

“I would like to thank Dave for his significant contribution over the past two-and-a-half years and we wish him all the very best for the future. 

Boorman said: “I am proud of the transformation that has been achieved at Ten. With CBS, the company is now part of a major global media corporation with financial stability and is ready to take on the challenges ahead. I wish the company all the success for the future.”

Webb-Sear said: “I am excited to be joining Ten and the strong team taking the network into the future with renewed vigour.

“Ten has evolved in a changing media landscape and I look forward to using my industry expertise to help make the most of the many opportunities ahead and drive the company’s performance.”