Stagwell (STGW) Appoints Ben Allanson Director, Investor Relations and Announces May Investor Conference Schedule

Rhea-AI Summary

Stagwell (NASDAQ: STGW) announced the appointment of Ben Allanson as the new Director of Investor Relations, effective immediately. Allanson, who previously worked at Genesys, brings a wealth of experience with a decade in financial services and a strong academic background, including degrees from Stanford and NYU. Alongside this leadership change, Stagwell outlined its participation in three major investor conferences in May 2023: the Needham Technology & Media Conference on May 17, the J.P. Morgan Annual TMT Conference on May 22, and the B. Riley Institutional Investors Conference on May 24. These events will feature key executives engaging with investors through fireside chats and one-on-one meetings, aiming to enhance investor relations and showcase the company's ongoing marketing transformation initiatives.

Positive

• Appointment of Ben Allanson as Director of Investor Relations may strengthen investor engagement.
• Participation in three prominent investor conferences provides opportunities for visibility and networking.

Negative

• None.

Management will attend conferences hosted by Needham, J.P. Morgan, B. Riley Securities

NEW YORK, April 18, 2023 /PRNewswire/ -- Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the appointment of Ben Allanson as Director, Investor Relations. Allanson joins Stagwell from Genesys, where he built a comprehensive investor relations function, and brings a decade of experience in the financial services industry, having started his career in Equity Sales at Citi. Allanson holds a BA in Political Science & Classics from Stanford and an MBA from NYU. He also serves as the primary lecturer for Stanford's "Introduction to Finance" course at their off-campus program in New York.

Additionally, Stagwell announced it will attend three investor conferences throughout May 2023, including:

• 18^th Annual Needham Technology & Media Conference – Stagwell Chairman and CEO Mark Penn will join a fireside chat on May 17 at 2:15 PM ET and is available for 1x1 investor meetings.
• J.P. Morgan Annual TMT Conference – Stagwell Chief Investment Officer Jason Reid will join a fireside chat on May 22 at 1:50 PM ET and is available for 1x1 investor meetings.
• B. Riley Institutional Investors Conference – Penn will join a fireside chat on May 24 and is available for 1x1 investor meetings.

For more information on each conference, and to schedule 1x1 investor meetings, please be in touch with your representative at the organizing company. Visit https://stgw.io/InvestorEvents to view upcoming programming from Stagwell.

About Stagwell

Stagwell is the challenger network 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 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.

Investor Contact:
Ben Allanson
ir@stagwellglobal.com 

Media Contact:
Sarah Arvizo
pr@stagwellglobal.com 

 

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SOURCE Stagwell Inc.

FAQ

Who is Ben Allanson and what is his role at Stagwell?

Ben Allanson has been appointed as the Director of Investor Relations at Stagwell, bringing extensive experience from his previous role at Genesys.

What investor conferences will Stagwell attend in May 2023?

Stagwell will attend the Needham Technology & Media Conference on May 17, the J.P. Morgan Annual TMT Conference on May 22, and the B. Riley Institutional Investors Conference on May 24.

What can investors expect from Stagwell's new Director of Investor Relations?

Investors can expect enhanced communication and engagement strategies from Ben Allanson, focusing on strengthening investor relationships and transparency.

How might the appointment of Ben Allanson impact Stagwell's stock performance?

The appointment could positively influence Stagwell's stock performance by improving investor confidence and engagement through effective investor relations.