UK hospitality legend Nick Jones opened the first Soho House property in London more than a quarter of a century ago.
Mr Jones' decision comes after discussions with the board and his recent diagnosis and recovery from prostate cancer, according to a statement from The Membership Collective Group.
Since beginning as a single location in London in 1995, the business has grown into a global membership platform of 38 Soho Houses and associated brands such as The Ned in London and New York and Soho Home.
Current president Andrew Carnie will take over as CEO, although Jones will continue in a founder capacity, focused on designing "beautiful spaces" and improving the experience of the company’s 211,000 members.
Jones' private members' clubs, which earnt him the nickname "The King of Clubs", were renowned for attracting celebrities such as the Duke and Duchess of Sussex, who reportedly had their first date at the original London property, and film star Tom Cruise.
