---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-098992"
form_type: "8-K"
ticker: "STGW"
cik: "0000876883"
company_name: "Stagwell Inc"
filed_at: "2021-08-02T23:59:59+00:00"
generated_at: "2026-06-30T00:10:57.253191+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Stagwell Marketing Group and MDC Partners combine to form Stagwell Inc.

## Summary
- Stagwell Marketing Group and MDC Partners complete combination, creating top 10 global marketing services firm.
- Trades on Nasdaq under STGW starting Aug 3; Mark Penn remains CEO; targets $3B revenue by 2025.
- Pro forma 2021 revenue guidance $2.135B–$2.180B; Adj. EBITDA $372M–$387M including $30M synergies.
- Board set at 8 directors; Jay Leveton named President, Ryan Greene COO; prior CEO David Ross exited.
- New $500M senior secured revolving credit facility with 5-year maturity executed on closing.

## SEC filing metadata
- accession: 0001104659-21-098992
- form_type: 8-K
- ticker: STGW
- cik: 0000876883
- company_name: Stagwell Inc
- filed_at: 2021-08-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 1.02, 2.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/0001104659-21-098992-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/tm2123756d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-098992
- JSON: https://secwatch.observer/filing/0001104659-21-098992.json
- Plain text: https://secwatch.observer/filing/0001104659-21-098992.txt

## Key facts
- Executive change
  Asha Daniere resigned as Director at Stagwell Inc.
  - Action: resigned
  - Role: Director
  source text: Asha Daniere delivered an executed letter resigning as a member of the Board of Directors (the “ Board ”) of the Company effective as of the Closing Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/0001104659-21-098992-index.htm
- Executive change
  Jay Leveton was appointed as President at Stagwell Inc.
  - Action: appointed
  - Role: President
  source text: Jay Leveton, a Partner of Stagwell, became the President of the Company
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/0001104659-21-098992-index.htm
- Executive change
  David Ross departed as other_named_officer at Stagwell Inc.
  - Action: ceased
  source text: David Ross has ceased to be an officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/0001104659-21-098992-index.htm
- Executive change
  Ryan Greene was appointed as Chief Operating Officer at Stagwell Inc.
  - Action: appointed
  - Role: Chief Operating Officer
  source text: Ryan Greene, the Chief Financial Officer of Stagwell, became the Chief Operating Officer of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876883/000110465921098992/0001104659-21-098992-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.