Membership Collective Group Inc (MCG) Appoints Thomas Allen as Chief Financial Officer

Membership Collective Group (NYSE: MCG) announced today the appointment of Thomas Allen into the role of Chief Financial Officer, effective June 23, 2022.

Allen joins MCG from his current role at Morgan Stanley as a Managing Director in equity research, where he has led US Gaming, Lodging, and Leisure sector research since 2013. He was ranked in the Top 3 in the Institutional Investor All Americas poll.

Nick Jones, Founder and CEO of MCG, said: "We have got to know Thomas over the last year following our IPO. His depth of understanding of our business and the opportunities ahead of it will be of great value as we continue to grow MCG as a global membership platform. We’re really excited that he will be joining the team.”

Thomas Allen commented: "I am very excited to be joining MCG in what I still see as the very early stages of its growth. MCG has such a strong global brand with Soho House, which is just at the beginning of capitalizing on the huge market opportunity ahead of it. The team's experience of scaling a private membership club and expanding it into other attractive verticals has created an amazing platform for future growth, when appropriate."

Allen’s role will lead all financial and investor relations functions for MCG, reporting into President Andrew Carnie.

Prior to his role at Morgan Stanley, Allen worked in Capital Markets at Bank of America.

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