Self-assembly of an aryl sulfonium counterion (ASCI), (4-(decyloxy)phenyl)dimethylsulfonium (DPDS) with a tricobalt substituted polyoxometalate (POM) cluster [SiW 9 Co 3 (H 2 O) 3 O 37 ] 10− resulted in the formation of an aryl sulfonium polyoxometalate (ASPOM) hybrid (AS-CoPOM) with layered structure. Calcination of AS-CoPOM at different temperatures (500, 700, and 900 °C) gave three derivatives, AS-CoPOM500/700/900, respectively. The gradual formation of a ternary composite (CoWO 4 /WS 2 /WO 3 @C) from the starting AS-CoPOM at higher temperatures was revealed from detailed spectroscopic and analytical studies. A well-defined ternary structure obtained for AS-CoPOM900 showed nanosheets of WS 2 decorated with spherical WO 3 particles and rod-like structures of CoWO 4 with an inhomogeneous presence of graphitic carbon. Further, AS-CoPOM900 also showed the best crystallinity, highest % of oxygen vacancy, and I D /I G ratio among the other synthesized samples. It exhibited the best electrocatalytic oxygen evolution reaction (OER) activity with the lowest Tafel slope (65 mV dec −1 ), highest electrochemical surface area (0.7 mF cm −2 ), and best OER stability among the other variants. The present approach reveals an alternate method for generating electrocatalytically active mixed-metal oxide/chalcogenide composites by self-carbonizing and sulfurating ASPOM precursors at elevated temperatures and their detailed structural transformation.