realestate

Tom Ashley Appointed to Spearhead VENU's Multi-Billion Dollar Venue Expansion

Tom Ashley, former HighAltitude CEO, to lead VENU's venue development strategy in 8 new markets annually.

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7/08/2025 - 08:18 AM

    COLORADO SPRINGS, Colo.--(BUSINESS WIRE)--

    Venu Holding Corporation ("VENU" or the "Company") (NYSE American: VENU), a developer and operator of upscale live music venues and premium hospitality destinations, has appointed Tom Ashley as President of VENU Real Estate and Development. Ashley will spearhead the company's nationwide expansion, driving growth in key markets across the country.

    Tom Ashley brings extensive experience in commercial banking and management to his new role, with expertise in financing, real estate transactions, relationship building, and leadership. He will oversee all real estate acquisitions, construction financing, and project developments, as well as lead the three-year exclusive expansion agreement with Ryan, LLC, which aims to deliver eight new strategic markets annually nationwide.

    "This is a once-in-a-lifetime opportunity for my family and me," said Tom Ashley. "I'm excited to help bring VENU's vision to life by building iconic facilities that communities can be proud of."

    J.W. Roth, Founder, Chairman, and CEO of VENU, praised Ashley's appointment, stating, "Tom brings seasoned expertise, deep relationships in real estate finance, and a strong understanding of the development process. He is the right person to lead our rapid growth."

    As part of VENU's strategy to scale with precision, Ashley plays a key role in strengthening its organizational pillars as the company accelerates its national expansion. Through innovative investment structures, VENU empowers fans and investors to participate in the live entertainment industry.

    VENU's long-term vision is to bring unparalleled venues to high-growth markets while democratizing ownership in the live entertainment industry. This leadership evolution reflects the company's commitment to sustainable, scalable expansion, aligning entertainment innovation with asset-backed development to deliver lasting value for shareholders.

    ABOUT VENU HOLDING CORPORATION:

    Venu Holding Corporation ("VENU") (NYSE American: VENU) is a premier hospitality and live music venue developer dedicated to crafting luxury, artist-centric experience-driven entertainment destinations. The company has been recognized nationally by prominent publications for its innovative approach to live entertainment.

Tom Ashley appointed to lead VENU's multi-billion dollar venue expansion globally.