STAGWELL (STGW) BOLSTERS GLOBAL PRESENCE: ESTABLISHES LONDON HUB, AND APPOINTS JAMES TOWNSEND AS STAGWELL EMEA CEO AND RICK ACAMPORA AS GLOBAL CEO OF ASSEMBLY
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Townsend retains global leadership of Stagwell's Brand Performance Network, of which Assembly is a member agency
The announcement follows Stagwell's Q3 earnings, which showed the company's EMEA operations played a pivotal role in sustaining its
"We've taken steps over the past few years to expand and grow our operation across EMEA, and we're pleased to accelerate our investment in the region with James Townsend at the helm. From the start, JT has been an invaluable network leader, overseeing the combination of ForwardPMX into Assembly, and then the launch and market success of our Brand Performance Network, which has more than doubled under his leadership," said Mark Penn, Chairman and CEO, Stagwell.
"After five extraordinary years in
Stagwell's new
"Rick has brought a focus on client centricity and led the innovation of both our organizational design and our tech stack. His role in our new business wins such as Lenovo, T. Rowe Price, Brooks Running, Estée Lauder Companies and Mandarin Oriental has been pivotal and he has been a key catalyst for our strong performance in recent years. He's been a great partner to me and I wish him and the whole team all the success as they change and grow into the future," said James Townsend.
About Stagwell
Stagwell (NASDAQ: STGW) 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.
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SOURCE Stagwell Inc.
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