Ray Day Assumes Role of Executive Chairman at Allison Worldwide; Co-Founders Scott Allison and Andy Hardie-Brown Stepping Down
Allison Worldwide announces leadership changes as Ray Day becomes executive chairman while continuing as Stagwell vice chair. Co-founders Scott Allison and Andy Hardie-Brown are stepping down to advisory roles after 23 years. The agency, which rebranded from Allison+Partners in 2023, has evolved from a PR firm to a global integrated marketing network with 52 offices. Jonathan Heit continues as Global CEO, reporting to Day. The transition marks a new chapter for the company, with Day bringing over three decades of experience from leadership roles at IBM and Ford Motor Company.
Allison Worldwide annuncia cambiamenti nella leadership con Ray Day che diventa presidente esecutivo, continuando anche come vicepresidente di Stagwell. I cofondatori Scott Allison e Andy Hardie-Brown si ritireranno in ruoli di consulenza dopo 23 anni. L'agenzia, che ha cambiato nome da Allison+Partners nel 2023, si è trasformata da un'agenzia di PR a una rete di marketing integrato globale con 52 uffici. Jonathan Heit continua come CEO globale, riportando a Day. Questa transizione segna un nuovo capitolo per l'azienda, con Day che porta oltre tre decenni di esperienza in ruoli di leadership presso IBM e Ford Motor Company.
Allison Worldwide anuncia cambios en la dirección con Ray Day asumiendo el cargo de presidente ejecutivo, mientras continúa como vicepresidente de Stagwell. Los cofundadores Scott Allison y Andy Hardie-Brown asumen roles de asesoría tras 23 años. La agencia, que se rebrandingó de Allison+Partners en 2023, ha evolucionado de una firma de relaciones públicas a una red de marketing integrada global con 52 oficinas. Jonathan Heit sigue como CEO global, reportando a Day. La transición marca un nuevo capítulo para la compañía, con Day aportando más de tres décadas de experiencia en roles de liderazgo en IBM y Ford Motor Company.
Allison Worldwide는 레이 데이가 스태그웰의 부회장을 유지하며 대표 의장이 되는 리더십 변화를 발표했습니다. 공동 창립자인 스콧 앨리슨과 앤디 하디-브라운은 23년 만에 자문 역할로 물러납니다. 2023년에 Allison+Partners에서 리브랜딩된 이 에이전시는 52개의 사무소를 가진 글로벌 통합 마케팅 네트워크로 발전했습니다. 조너선 하이트는 글로벌 CEO로 계속 활동하며 데이에게 보고합니다. 이번 변화는 데이가 IBM과 포드 자동차 회사에서의 30년 이상의 경험을 갖고 있다는 점에서 회사에 새로운 장을 열어줍니다.
Allison Worldwide annonce des changements de direction, Ray Day devenant président exécutif tout en continuant son rôle de vice-président chez Stagwell. Les cofondateurs Scott Allison et Andy Hardie-Brown prennent leur retraite dans des rôles de conseil après 23 ans. L'agence, qui a changé de nom d'Allison+Partners en 2023, a évolué d'une agence de relations publiques à un réseau de marketing intégré mondial avec 52 bureaux. Jonathan Heit reste PDG mondial, relevant de Day. Cette transition marque un nouveau chapitre pour l'entreprise, Day apportant plus de trois décennies d'expérience dans des rôles de direction chez IBM et Ford Motor Company.
Allison Worldwide gibt Veränderungen in der Führung bekannt, da Ray Day zum Executive Chairman ernannt wird und gleichzeitig weiterhin als Vice-Chairman von Stagwell fungiert. Die Mitgründer Scott Allison und Andy Hardie-Brown treten nach 23 Jahren in beratende Rollen zurück. Die Agentur, die sich 2023 von Allison+Partners umbenannt hat, hat sich von einer PR-Firma zu einem globalen integrierten Marketingnetzwerk mit 52 Büros entwickelt. Jonathan Heit bleibt Global CEO und berichtet an Day. Der Übergang markiert ein neues Kapitel für das Unternehmen, wobei Day über drei Jahrzehnte Erfahrung aus Führungsrollen bei IBM und Ford Motor Company mitbringt.
- Global presence with 52 offices across five continents
- Successful transformation from PR firm to integrated marketing powerhouse
- Experienced leadership with Ray Day's 30+ years in communications
- Departure of both founding leaders could impact company stability
- Significant leadership transition may affect client relationships
Insights
This leadership transition at Allison Worldwide, while significant for internal operations, has minimal direct impact on Stagwell's (STGW) financial outlook or stock value. The appointment of Ray Day, with his extensive experience at IBM and Ford, represents a strategic but expected evolution in the company's management structure.
The agency's transformation from a PR firm to an integrated marketing powerhouse with 52 global offices demonstrates solid historical growth. However, without specific financial metrics or strategic changes announced, this leadership transition appears to be a natural progression rather than a market-moving event. The retention of Jonathan Heit as Global CEO and the advisory roles of the co-founders suggest continuity in operations and client relationships.
Day has more than three decades of experience as a chief communications officer for leading communications teams, brands and agencies, including IBM and Ford Motor Company. He joined Stagwell in 2020.
Allison and Hardie-Brown launched Allison+Partners in September 2001, and the agency re-branded as Allison Worldwide in 2023, underscoring its transformation from its origins as a public relations firm focused on earned media to a modern integrated marketing and communications powerhouse with a global network of 52 offices.
"I believe in a bright future for the agency's next chapter under Ray's leadership. As a results-oriented leader, Ray brings a dynamic approach to business and financial strategies that drive top-and bottom-line growth," said Mark Penn, Chairman and CEO of Stagwell. "I thank Scott and Andy for their two decades of leadership and commend their ability to turn Allison Worldwide into the award-winning agency it is today."
"Our motto has always been to focus on doing great work and hire and retain amazing people," Allison said. "Our model has stood the test of time, and we believe the company will continue to grow and thrive long after we're gone. Andy and I have been very blessed and remain so grateful to our colleagues and clients that have supported us the past 23 years."
Jonathan Heit, one of the original members of the Allison+Partners team, remains Allison Worldwide Global CEO, reporting to Ray Day. Together with its Global Board, Allison Worldwide's next generation of leadership continues to act on a proven blueprint.
"From a concept we scribbled on a napkin in 2001 through an international expansion that began in 2013, Scott and I consider ourselves fortunate to have grown Allison into a global communications powerhouse with a footprint spanning five continents," Hardie-Brown said. "With the incredible depth and passion of so many talented colleagues around the world, we are confident Allison will continue to expand globally, going from strength to strength, and will continue to be a great place to work."
"I am honored to stand on the shoulders of industry giants Scott Allison and Andy Hardie-Brown and excited to begin working even more closely with the Allison Worldwide team to achieve our shared vision of global growth," Day said. "Our priorities for growth are clear: a client-first culture centered on every client's success; future-focused innovation and anticipation; and expanding our capability and expertise with a world-class team delivering world-class results."
About Allison Worldwide
Allison is a global integrated marketing and communications consultancy dedicated to driving growth, innovation, and positive change for clients, colleagues, and communities. With a diverse range of expertise and a forward-looking mindset, Allison delivers game-changing results that make a lasting impact. Allison is owned by Stagwell (NASDAQ: STGW), one of the fastest growing and most influential marketing and communications networks in the world. Agency partners leverage Stagwell's technology, data analytics, insights and strategic consulting solutions to drive measurable results and optimize return on marketing investment for more than 1,700 clients worldwide. Learn more at www.allisonworldwide.com.
About Stagwell
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world's most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 10,000+ specialists in 30+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.
Contact:
Beth Sidhu
PR@stagwellglobal.com
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SOURCE Stagwell Inc.
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