Companies should be cautious before wading into politics, Mark Penn warns [FOX Business Network]
Stagwell Inc. - Class A (STGW)
Company Research
Source: FOX Business Network
Companies around the U.S. have faced mounting calls to involve themselves in contentious political issues in recent years and with the 2024 election likely to be particularly charged, executives will have to weigh whether it's worthwhile to wade into politics. "I think most CEOs would sooner put their head in an alligator than get involved in politics this year," Mark Penn, chairman and CEO of marketing firm Stagwell, told FOX Business in an interview. "I think that is in contrast to previous years when there was this growing pressure on CEOs to become involved in politics and not stay silent." "They've realized that there are two sides to the political equation and if you want to have a brand that's loved by 80% or 90% of the country, getting involved with something that maybe 40% like can be a pretty precarious position." Penn, who worked as the chief strategy officer of Microsoft and co-founded a polling firm that had former President Bill Clinton and ex-British Prime Minist
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STGW
News
- Stagwell (STGW) Releases News Advertising Study Revealing It is Safe for Brands to Advertise Adjacent to Quality News Content Despite Overblown Fears [Yahoo! Finance]Yahoo! Finance
- Stagwell (STGW) Releases News Advertising Study Revealing It is Safe for Brands to Advertise Adjacent to Quality News Content Despite Overblown FearsPR Newswire
- Relo Metrics Makes a Major Debut as the Company's First Appearance at Cannes Lions International Festival of Creativity 2024 [Yahoo! Finance]Yahoo! Finance
- Catch+Release Unveils Enhanced Workspace that Empowers Content Creators to Attract Licensing Opportunities From Brands [Yahoo! Finance]Yahoo! Finance
- Stagwell Inc. (STGW) Reports Equity Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)PR Newswire
STGW
Earnings
- 5/1/24 - Beat
STGW
Sec Filings
- 5/2/24 - Form 10-Q
- 5/1/24 - Form 8-K
- 4/29/24 - Form ARS
- STGW's page on the SEC website