Membership Collective Group Inc. announced that Nick Jones,Founder of Soho House, stepped down as CEO of Membership Collective Group and was succeeded as CEO by current President Andrew Carnie. Nick Jones, CEO and Board Director of MCG, has announced his intention to transition from CEO to founder as of today. This change follows conversations Nick, Ron Burkle Executive Chairman and the Board have had regarding long-term succession plans for the Company and Nick's recent diagnosis and successful recovery from prostate cancer.

Nick will be succeeded as CEO by current President Andrew Carnie Nick has led the Company's growth since founding Soho House as a single location in London in 1995, to a global membership platform of 38 Soho Houses and associated brands. He will continue with MCG in a founder role, focused on designing beautiful spaces that are synonymous with the brand and making the membership experience even better for the Company's 211,000 members globally. Andrew Carnie has served as President of MCG since September 2020, prior to which he held the position of Chief Commercial Officer from June 2019 to September 2020.

He has helped to successfully navigate the business through COVID 19 and has transformed Soho Home into a luxury interiors brand. He also sits on the Board of Directors of MCG. From 2013 to 2019, prior to joining Soho House, Andrew held a series of leadership positions including Global President at Anthropologie in North America where he successfully grew its home and interiors business, digitized the brand and led the international expansion into Europe and China.