mark penn

Dec 17, 2024

'The industry doesn’t need another behemoth’: Mark Penn on Omnicom-IPG

EXCLUSIVE: The political kingmaker-turned-Stagwell-chief tells Campaign why the $31 billion merger could see thousands of layoffs, shift pitch dynamics, and prove that AI will favour smaller players in the long run.

Aug 2, 2024

Stagwell smashes new business records as costs rise in Q2

Revenue grew 6% year over year as the ‘challenger holding company’ won new clients such as Chevy and Cadillac.

May 7, 2022

Mark Penn: Stagwell hits scale, ‘takes share’ from the holding companies

The new holding company is gaining ground with bigger clients and scaling internationally, Penn said on its Q1 earnings report.

Jun 2, 2021

MDC Partners shareholder opposes looming merger with Stagwell

Indaba Capital Management says the deal’s terms favor Stagwell.

May 20, 2021

Finn Partners buys back minority investment from Stagwell Group

Finn Partners sold its stake in Wye Communications as part of the deal.

Dec 22, 2020

MDC Partners, Stagwell reach agreement to combine

Former top Clinton adviser and one-time Burson-Marsteller CEO Mark Penn is set to serve as chairman and CEO of the combined network.