
Stagwell Doubles New Business Team as Holdco Competition Heats Up, Says CEO Mark Penn
As the largest agency holding companies enact sweeping layoffs and consolidate, Stagwell CEO Mark Penn sees new opportunity. “We’ve achieved something that nobody really has achieved in 50 or 100 years,” Penn told ADWEEK, “which is to form a real competitor company at scale.” Stagwell posted 6% net revenue growth







