Kerry Stokes, the last of the media moguls, is not done yet

Kerry Stokes has spent his life shaping Australian media, building both a major television network and a newspaper publisher. As he chaired his final annual general meeting for Seven West Media, he made it clear his influence is not over yet.

A Farewell at the Final AGM

On Thursday, the 85-year-old Stokes presided over his last Seven West Media shareholder meeting, lasting just under an hour. When asked why he chose to retire ahead of the company’s upcoming merger with Southern Cross Media Group early next year, he offered a candid response.

“Because I would be arrogant if I didn’t,” he told The Nightly. “For me to say there wasn’t anyone better than I am is arrogant.”

He noted that stepping aside allows new leadership to bring fresh energy and ideas to the company.

“I am convinced the new incoming chairman will do a great job and bring new energy, and I’m excited about that.”

A New Era for the Media Group

Assuming no last-minute changes, Stokes will be succeeded by Heith Mackay-Cruise, a seasoned director in media and technology. The merger will combine Seven Network, The West Australian, and The Nightly with the Triple M and Hit radio networks under one corporate structure.

Even after stepping down, Stokes will remain connected to the business as a 20 percent owner and adviser to the board, though he emphasized that he would give them space to lead independently.

“I don’t intend to be the interfering ex, nothing worse,” he told Seven News. “I’m cheering from the side now.”

Author’s Summary

At 85, Kerry Stokes concludes his formal role at Seven West Media but continues to influence Australia’s media landscape as a guiding force behind its next chapter.

The Nightly — 2025-11-06