Tarsus Group Announces New Senior Appointments
March 11, 2021
U.K-based Tarsus Group has made two key appointments in its senior ranks with the current CFO, Dan O’Brien, being named as COO.
In this newly created role, O’Brien will oversee the company’s business operations and core group functions.
Mark Pennington, who currently is the Group’s director of finance, has been appointed to the role of CFO as part of the senior management restructure.
O’Brien and Pennington will both take up their new roles on March 31.
Having joined Tarsus Group in 2011 as CFO, O’Brien has been an integral part of the senior management team working closely with group CEO, Douglas Emslie, to deliver the company’s strategic growth plans as well as leading the global finance team.
“2020 was an incredibly challenging year for the events industry – with a number of our territories now operating at near normality and live events reopening we are positioning ourselves for a period of accelerated growth,” Emslie said.
He added, “I am delighted that we have been able to promote from within the business and restructure the senior team with two appointments that will be instrumental in our future success. Dan’s innate understanding of the company, as well as the wider industry means he is perfectly placed to steer the Group forward, while Mark has demonstrated strong leadership and financial management throughout his time at Tarsus and will be an excellent CFO for the business.”
Prior to joining the business, O’Brien served as CFO at TV production company Shine Group and at the B2B publisher Huveaux plc. He also has held senior finance roles at Hanson plc and Eidos.
Pennington has been with Tarsus Group since in 2014 and became part of the senior management team.
His responsibilities have included oversight of the Group’s financial operations, while also taking on the role of CFO for Tarsus Group’s US operations. Pennington previously held senior finance roles at NBCUniversal in London having qualified as a chartered accountant with KPMG in 2004.
Partner Voices
MGM Resorts is committed to fostering an inclusive and diverse culture, not just among employees and guests but also within its supply chain. The company prioritizes procuring goods and services from businesses owned by minorities, women, veterans, people with disabilities, LGBTQ individuals and those facing economic disadvantages. This commitment is integral to MGM Resorts' global procurement strategy.
Through its voluntary supplier diversity program, MGM Resorts actively identifies and connects certified diverse-owned suppliers to opportunities within its supply chain. The company is on track to spend at least 15% of its biddable procurement with diverse-owned businesses by 2025, demonstrating that supplier diversity is not only a social responsibility but also a strategic business imperative.
Supplier diversity isn’t just the right thing to do – it’s good for business. A diverse supply chain allows access to a broader range of perspectives and experience, helping to drive innovation, entrepreneurship and resilience, while strengthening communities. At MGM Resorts, engaging diverse suppliers ensures best-in-class experiences for guests and clients. Supplier diversity ensures a more resilient supply chain while supporting economic development in the communities in which it operates.
The impact of MGM Resorts' supplier diversity initiatives is significant. In 2023, these efforts supported over 3,500 jobs across more than 30 states, contributed over $214 million in income for diverse-owned businesses and generated more than $62 million in tax revenue. The story extends beyond the numbers – it reflects the tangible benefits brought to small and diverse-owned businesses, fostering economic empowerment in their communities.
MGM Resorts also supports the development and business skills of diverse-owned businesses through investment, mentorship and education. Through the MGM Resorts Supplier Diversity Mentorship Program, the company identifies, mentors and develops diverse-owned businesses to fill its future pipeline, while providing businesses with tools and resources to empower and uplift. Since 2017, the program has successfully graduated 105 diverse-owned businesses and is on track to achieve its goal of 150 graduates by 2025.
MGM Resorts’ commitment to supplier diversity not only enhances its business operations but also plays a crucial role in uplifting communities and fostering economic development. This approach reinforces the idea that diversity is a powerful driver of innovation and resilience, benefiting both the company and the wider community.
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