The World’s Latest International Promoting Providers Corporation, Stagwell Inc (STGW), Announces the Formation of Stagwell Media Network

Worldwide community collaborates to deliver future-dealing with answers pushed by facts, expertise, engineering, consultancy, and media innovation knowledge, with James Townsend named International CEO.

NEW YORK, Aug. 5, 2021 /PRNewswire/ — (NASDAQ:STGW) — Stagwell (“Stagwell” or “The Firm”) today introduced the formation of Stagwell Media Network, a team of foremost multichannel organizations which include Assembly, ForwardPMX, MMI CompanyMedia Kitchen area, and Grason, creative consultancy GALE, B2B expert Multiview, and transcreation company Locaria. The network will offer you entrepreneurs a more dynamic companion for global B2B and B2C remedies spanning knowledge, know-how, media and creativeness aimed at accelerating company progress for models throughout the world.

Stagwell Media Community is now household to more than 2,500 industry experts with an expansive worldwide footprint across 20+ offices in 15 nations around the world, controlling close to $5 billion in media. The blend creates an fascinating surroundings for a new period of advertising expertise, bringing alongside one another planet-class omnichannel media, analytics, technological know-how and consulting knowledge.  

“These organizations are all at the main edge of data, technologies, insights and creative imagination, with solid impartial cultures and incredible results solving complicated business enterprise troubles for manufacturers all-around the globe,” Stagwell Chairman and CEO, Mark Penn claimed. “Collaboration is our best energy, and by bringing Stagwell Media Network alongside one another, the group will supply a richer, a lot more linked established of world wide solutions, while foremost the market with their respective unequalled experience and extraordinary talent.”

James Townsend, CEO of ForwardPMX, will manage Stagwell Media Community as Worldwide CEO. Given that joining ForwardPMX in 2019, Townsend has accelerated clients’ organizations though even more advancing the agency’s consultancy, technology and brand name overall performance offerings. Under his leadership, the agency grew to about 1,000 industry experts throughout North The us, Europe, Asia Pacific and Center East marketplaces.

“We are very psyched about the generation of this group,” reported James Townsend, Stagwell Media Community International CEO. “We have a portfolio of expanding providers that will present clientele with an substitute to the standing quo, helping them to navigate alter and generate advancement in all forms. At the very same time, we are creating new prospects for our people today to build their occupations in a dynamic natural environment, bringing collectively data, expertise and tech to make certain we are in good shape for and struggling with the potential, not the previous.”

Townsend will do the job closely with Brad Simms, the president and CEO of GALE and Assembly, who will take on the new purpose of Global Chief Solution Officer of Stagwell Media Community, as perfectly as Deirdre McGlashan, Main Media Officer of Stagwell. Further leadership and organizational details will be declared in the coming weeks. These investments will generate increased collaboration across the total media and creative portfolio in Stagwell.

“The creation of this collective team will expand our solution to developing the audience-initial and details-driven merchandise needed by models to thrive in today’s regularly transforming landscape,” stated Brad Simms, Stagwell Media Network World Chief Merchandise Officer. “The merged insights across our agencies will enable generate the creativity and innovation that amplifies brand name storytelling and activation.

About Stagwell Inc.

Stagwell is the challenger keeping firm built to completely transform advertising. We supply scaled imaginative functionality for the world’s most formidable models, connecting lifestyle-relocating creative imagination with foremost-edge know-how to harmonize the art and science of marketing.  Led by business owners, our 10,000+ specialists in 30+ nations are unified less than a solitary intent: to drive usefulness and strengthen company results for their clientele.

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