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| Mark Penn |
Stagwell Inc today reported Q4 revenues jumped 95.5 percent to $611.9M while full-year results improved 65.5 percent to $1.5B as the firm completed the integration of MDC Partners on Aug. 2.
CEO Mark Penn called 2021 a “breakthrough year” for Stagwell as the firm’s performance was driven by “tailwinds” across its digital capabilities and a slew of new business wins.
Stagwell posted pro-forma organic net revenue group growth of 14.5 percent during 2021.
Penn is projecting 18 percent to 22 percent pro-forma revenue growth this year as its advocacy unit expects record spending for the midterm US elections.
Stagwell owns KWT Global, Allison+Partners, SKDK, Hunter and Sloane & Co.
The company’s stock trades on the NASDAQ at $7.40 per share. It traded in the $11.04 and $2.82 range during the past 52 weeks.
WPP CEO Cindy Rose has retained Goldman Sachs to explore strategic options regarding its Burson PR flagship, according to a report in the London Times.
Mike Sitrick has bought his firm Sitrick And Company back from RGP, the Dallas-based management consulting firm. He sold the strategic communications powerhouse for $43.4M in Oct. 2009.
Omnicom CEO John Wren enjoyed a 222 percent jump in 2025 compensation to $69.9M as the firm completed the acquisition of Interpublic.
Public Policy Holding Company recorded 24.7 percent growth in 2025 revenues to $186.5M and a 32.1 percent surge in adjusted net income to $36.6M.
S&P Global has reaffirmed its negative “BBB” rating on WPP due to ongoing challenges that it will face during the next 12 months.
