Recent Updates — STGW
On July 29, 2026, the Board of Directors appointed Beth J. Kaplan as an independent director effective July 31, 2026. Her initial term continues until the 2027 annual meeting of stockholders. Committee assignments will be determined at a later date. Ms. Kaplan receives standard non-employee director compensation and has executed an indemnification agreement. Stagwell Inc. operates in the marketing and communications industry.
Stagwell Inc. announced a first amendment to the employment agreement of CEO Mark Penn on July 28, 2026. The amendment extends his term until July 31, 2029, and increases his annual base salary from $1,260,000 to $1,400,000 effective August 1, 2026. Mr. Penn will receive a one-time bonus of $581,667 payable by August 15, 2026. His annual bonus target is set at 240% of base salary, and the long-term equity incentive plan award target is 450%. Additionally, the company granted him 2,000,000 cash-settled stock appreciation rights (SARs) with a base price of $8.45 per share on August 1, 2026, vesting over three years. Stagwell Inc. operates in the marketing and communications industry.
Stagwell Inc. reported financial results for the three and six months ended June 30, 2026, announcing Q2 revenue of $786 million, an 11% year-over-year increase, with net revenue reaching $632 million, up 6%. The company posted a GAAP net loss attributable to common shareholders of $8 million and adjusted EPS of $0.25, reflecting 39% growth. Stagwell raised its full-year 2026 adjusted EPS guidance to $1.03–$1.17 from the previous range of $0.98–$1.12, while reiterating total net revenue growth of 8% to 12% and adjusted EBITDA of $475 million to $525 million. Record net new business totaled $171 million in Q2, bringing the last twelve-month figure to $540 million. Stagwell Inc. operates as a global marketing network transforming client engagement through artificial intelligence, software, and creative services.