Stagwell dismisses BDO as auditor, appoints Deloitte; Eli Samaha joins board

Stagwell Inc

Audit Committee dismissed BDO USA as auditor and appointed Deloitte & Touche for 2021 audit.
No disagreements with BDO except a material weakness in MDC's 2019 internal controls noted.
Board appointed Eli Samaha (founder, Madison Avenue Partners) as director effective August 3, 2021.
Samaha replaces Irwin Simon on Audit Committee; Rodney Slater replaces Charlene Barshefsky on Nominating Committee.
Combination of MDC and Stagwell Media was consummated on August 2, 2021.

item 4.01 item 5.02 item 9.01

Executive movements

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Appointed

Eli Samaha

Director

STGW · Stagwell Inc

Effective: 2021-08-03
Filed: August 9, 2021, 7:59 PM ET

On August 3, 2021, the Board of Directors of the Company (the “ Board ”) appointed Eli Samaha as a director at the recommendation of the Nominating and Corporate Governance Committee of the Board.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Eli Samaha was appointed as Director at Stagwell Inc.

Action: appointed
Role: Director

Exact text from the filing

On August 3, 2021, the Board of Directors of the Company (the “ Board ”) appointed Eli Samaha as a director at the recommendation of the Nominating and Corporate Governance Committee of the Board.

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Stagwell Inc filing history →

Source: SEC EDGAR

accession 0001104659-21-102265

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