Allen Media Welcomes A Corp. Development Head

0

LOS ANGELES — Allen Media Group, the company led by Byron Allen, is welcoming an individual who will help lead the company’s senior management in merger and acquisition efforts.


He’ll also have a key role in other corporate strategic initiatives encompassing capital markets, private equity, and credit.

Taking the position of EVP/Head of Corporate Development is Christopher Malone. He’ll be based in Southern California.

Malone has played an integral role in financing notable Allen Media transactions over the past five years, including the acquisition of The Weather Channel in 2018 and the purchase of several ABC, NBC, CBS, and FOX broadcast network-affiliated television stations nationwide.

Malone comes to AMG from his recent position as a Principal with Stellex Capital Management. Prior to that, Malone was a Director at Brightwood Capital and previously held Investment Analyst, Private Equity, and Investment Banking positions at RLJ Equity Partners, William Blair, and Credit Suisse.

“He will be valuable in helping to lead our M&A efforts and other strategic financial initiatives,” said Byron Allen of Malone. “Chris will play a vital role in helping Allen Media Group continue its trajectory of growth and execute on the large number of acquisition opportunities in front of us.”

Malone commented, “It has been exciting to see the strong growth of Allen Media Group over the past five years and it is even more exciting to join at such a dynamic time for the company. The industry is experiencing rapid transformation as well as increased consolidation and Allen Media Group is well-positioned to capitalize on this changing paradigm given its strong and differentiated position. I look forward to working with the Allen Media Group team to execute on the short-term and long-term acquisition targets.”