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west australian new-unsp adr (WANHY) Snapshot

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52 Week High
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Shares Outstanding
756.7M
EX-Date
09/3/10
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Current Stock Chart for WEST AUSTRALIAN NEW-UNSP ADR (WANHY)

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west australian new-unsp adr (WANHY) Details

Seven West Media Limited, through its subsidiaries, operates as a multi-platform media company in Australia. The company operates through Television, Newspapers, Magazines, and Other segments. It operates free to air commercial television stations; and publishes The West Australian newspaper and insert magazines. The company also publishes Pacific Magazines with titles, including home and lifestyle, fashion, and men's lifestyle; and Quokka, a weekly classified advertising publication. In addition, it is involved in radio stations broadcasting in regional areas of Western Australia; commercial printing operation; digital publishing; operation of Yahoo!7, a platform for online television, newspaper, and magazine content; and community newspapers publishing activities. The company is based in Osborne Park, Australia.

5,119 Employees
Last Reported Date: 08/26/14

west australian new-unsp adr (WANHY) Top Compensated Officers

Chief Executive Officer, Managing Director an...
Total Annual Compensation: A$3.2M
Chief Executive Officer of Western Australian...
Total Annual Compensation: A$1.1M
Chief Revenue Officer
Total Annual Compensation: A$1.7M
Group Chief Legal and Commercial Director
Total Annual Compensation: A$1.1M
Group Chief of Corporate and Regulatory Affai...
Total Annual Compensation: A$562.2K
Compensation as of Fiscal Year 2014.

west australian new-unsp adr (WANHY) Key Developments

Seven West Media Announces Management Changes

Seven West Media announced Tim Worner's appointment to the Board as Managing Director & Chief Executive Officer of Seven West Media. The company also announced the Board appointment of Sheila McGregor, Jeffrey Kennett AC and Michael Malone as Non-Executive Directors. The appointments follow the retirement of Graeme John AO, Doug Flynn and Don Voelte AO over the past twelve months. At the time of Mr. John's and Mr. Flynn's retirements, the company indicated that the Board was reviewing its composition and intended appointing new independent directors in this financial year. Tim Worner is Chief Executive Officer of Seven West Media Limited. He is also a Director and Chairman of Australian News Channel, which operates Sky News, and a Director of Yahoo!7, Free TV Australia and a Director of the JV with Foxtel, Presto. Sheila McGregor is a Partner at Gilbert + Tobin in Sydney and is an experienced commercial adviser, company director and senior lawyer. Jeff Kennett AC is the founding Chairman of beyondblue: the national depression initiative and has been Chairman since 2000. Michael Malone founded iiNet Limited in 1993 and continued as CEO until retiring in 2014.

Seven West Media Seeks Acquisitions

Tim Worner, Chief Executive Officer, of Seven West Media Limited (ASX:SWM) said he did not expect the Abbott government to relax Keating-era media regulations in the near future, he wanted the "flexibility" to consider merger and acquisitions "if opportunities arise".

Seven West Media Intends Final Dividend for Fiscal Year 2015

Seven West Media Ltd. entered into an agreement with Seven Group Holdings Ltd. that will provide greater financial flexibility, a simplified capital structure and allow it to reduce debt. Taking into account the impact of the proposed transaction, which results in an increased number of ordinary shares from the CPS conversion and the issue of new shares under the pro rata offer, Seven West Media now intends the final dividend for fiscal year 2015, payable in October, to be the greater of 4 cents or the equivalent total cash dividend of $60 million divided by the total number of shares post the proposed transaction. This is in line with the cash dividend guided in February.

 

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