Exclusive: Byron Allen’s Allen Media Group has hired veteran CFO Chris Malone as executive vice president and director of business development. Based at AMG’s headquarters in Los Angeles, he will work with the company’s senior management on mergers and acquisitions and other strategic corporate initiatives including capital markets, private equity and credit.
Coming to AMG as CEO of Stellex Capital Management, Malone has played a pivotal role in financing major AMG transactions over the past five years, including the acquisition of The Weather Channel in 2018 and the acquisition of several Weather Channel.net affiliated stations. . On a national scale.
Malone has an MBA from Harvard with experience that also includes CEOs of Brightwood Capital and RLJ Equity Partners, William Blair and Credit Suisse.
“I am delighted to welcome Chris Malone to the Allen Media Group family as executive vice president and director of business development, where he will be appreciated for our M&A efforts and other strategic financial initiatives,” said Allen, founder. Allen Media Group President and CEO. “Chris will play a vital role in helping Allen Media Group continue its growth trajectory and take advantage of the many future acquisition opportunities.”
Malone added, “It has been exciting to see Allen Media Group’s strong growth over the past five years and it is even more exciting to join a company at such a dynamic time. The industry is undergoing rapid transformation and further consolidation and Allen Media Group is well positioned to take advantage of this paradigm shift given its strong and differentiated position. I look forward to working with the Allen Media Group team to achieve both short and long term acquisition goals. “
Source: Deadline
Elizabeth Cabrera is an author and journalist who writes for The Fashion Vibes. With a talent for staying up-to-date on the latest news and trends, Elizabeth is dedicated to delivering informative and engaging articles that keep readers informed on the latest developments.
