Allen Media Adds Chris Malone To Lead Corporate Development

Allen Media Group today named Christopher Malone executive vice president and head of corporate development. In this new position, Malone will help lead AMG senior management in M&A efforts and other corporate strategic initiatives encompassing capital markets, private equity, and credit. He will be based at the AMG headquarters in Los Angeles.

Malone played an integral role in financing notable AMG transactions over the past five years, including its acquisition of The Weather Channel in 2018 and the purchase of several ABC, NBC, CBS, and Fox TV affiliates nationwide.

Malone comes to AMG from a principal with Stellex Capital Management. Prior to that, he 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.

Malone earned a Bachelor of Science degree in finance from Hampton University and a Master of Business Administration from Harvard Business School.

“I am very excited to welcome Chris Malone to the Allen Media Group family as executive vice president and head of corporate development where he will be valuable in helping to lead our M&A efforts and other strategic financial initiatives,” said Byron Allen, Allen Media Group founder/chairman/CEO. “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.”

“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,” Malone said. “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.”