Swans find Colless replacement

Sydney Swans AFL team chairman Richard Colless at his home in Mosman, Sydney. Source: News Limited

SYDNEY will not have to look outside its current board to find outgoing chairman Richard Colless's replacement with a 12-year veteran to officially take the reins next year.

Andrew Pridham, a businessman who was on the Swans board during their drought-breaking 2005 premiership, will assume the top job after next February's annual general meeting.

Pridham, 46, is chief executive of Moelis & Company, a New York headquartered investment bank and has held a range of high management positions in the banking industry.

Andrew McMaster will continue as deputy chairman of the club.

Colless, the AFL's longest-serving chairman, has headed up the Swans since 1993.

Colless nearly walked in 2010 after a battle with depression, while this month he said Hawthorn superstar Lance Franklin could ignite the Sydney market much like Tony Lockett did in the 1990s.

"I'm sure the handover will occur as smoothly as the Paul Roos-John Longmire (coaching) transition did," Colless said.

"Having said that, it is important that our supporters and stakeholders fully understand that there is no complacency within the board and the club as a whole.

"We remain totally committed to continual improvement in all facets of our activities. To do otherwise is a guarantee for mediocrity," Colless said.

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