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Stagwell’s Mark Penn is shooting for more government biz

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The CEO and chairman of Stagwell spoke with Campaign regarding the company’s Q2 earnings report that saw an 8% increase in net revenue year over year.

Assembly and ADK Global officially merge

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Stagwell’s long-awaited first APAC acquisition is now closed, with no layoffs, new leadership roles confirmed. Campaign sits down with Assembly APAC CEO Richard Brosgill and his ADK Global counterpart Yasuyuki Katagi to understand what’s next.

Mark Penn’s challenger playbook: Cockroach DNA, pickleball and a $5 billion bet

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At Cannes Lions, the challenger network’s CEO outlines a $5 billion ambition, a $ 20 million-a-quarter AI investment, the closing of the ADK Global acquisition, and why spectacle still works in marketing.

Stagwell to acquire ADK Global

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The move marks Stagwell's first acquisition in Asia-Pacific and 12th globally since 2024, onboarding a host of new capabilities including integrated marketing and media expertise worldwide.

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

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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.

Stagwell smashes new business records as costs rise in Q2

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

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

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

MDC Partners shareholder opposes looming merger with Stagwell

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

Finn Partners buys back minority investment from Stagwell Group

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

MDC Partners, Stagwell reach agreement to combine

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