Diego Ricchiuti will spearhead regional growth for the challenger network as it brings its connected solutions offerings to Italy
LONDON and MILAN, Jan. 15, 2025 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, today announced the launch of Stagwell Italy and the appointment of Diego Ricchiuti as the company’s inaugural CEO of Italy, effective immediately. Reporting into James Townsend, CEO of Stagwell EMEA, Ricchiuti will head Stagwell’s forthcoming Italy office, spearheading growth and enhancing collaboration among clients and partners. This announcement follows Stagwell’s strong year of M&A, an expanded global footprint, and further investment in connected marketing solutions for clients.

Diego has 30+ years’ experience in the advertising industry. Most recently, he served as CEO of MullenLowe Italia where he worked with many international clients of a high calibre. In his previous positions, he worked with brands such as Allianz, Edgewell Personal Care, McDonald’s, Costa Crociere, Phoenix Pharma, Unilever, Lufthansa, ENI.
The opening of Stagwell Italy comes after an exciting year of expansion for Stagwell in Europe following the opening of its European headquarters in London in April 2024 along with three 2024 European acquisitions: UNICEPTA (Germany), a leading provider of media intelligence, Sidekick (UK), an award-winning collective of specialist agencies focused on experiential, digital storytelling, and branded content and WHAT’S NEXT PARTNERS (France), a digital brand and marketing consultancy specializing in data-powered strategies, integrated communications, and creative content.
“Stagwell Italy allows us to bring our challenger mindset and unique capabilities to an important market. As we continue strategic European growth and remain an ideal size for clients, Diego and his network are vital to Stagwell’s ambitions to expand seamlessly into Italy,” shared Chairman and CEO of Stagwell Mark Penn.
James Townsend, CEO of Stagwell EMEA, said, “As we continue to execute our global growth strategy, our EMEA region continues to develop rapidly and Diego Ricchiuti brings the strategic experience with enterprise brands we need for Stagwell Italy to have a fast start in a key market for us.”
Diego Ricchiuti, recently appointed CEO of Stagwell Italy, added, “With over three decades of advertising experience, I think Stagwell’s collective capabilities spanning consumer research, media, data, technology, creative, and digital transformation represents the most modern and innovative player in the industry and I am excited to be a part of this impressive network. I can’t wait to help James and the team take Stagwell to the next level.”
About Stagwell
Stagwell is the challenger holding company built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our specialists in 35+ countries are unified under a single purpose: to drive effectiveness and improve business results for our clients. Join us at www.stagwellglobal.com.
Contact:
Quinn Werner
Stagwell EMEA
PR@stagwellglobal.com
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Townsend retains global leadership of Stagwell’s Brand Performance Network, of which Assembly is a member agency
NEW YORK and LONDON, Dec. 7, 2023 /PRNewswire/ — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has shared its plans for continued global expansion today, announcing a global hub in London and the appointment of James Townsend as the company’s inaugural CEO of EMEA. Stagwell’s London office, set to open in late January 2024 within the Blue Fin Building in South Bank, will serve as the collaborative hub for more than 750 of the 1900 employees in the region.

The announcement follows Stagwell’s Q3 earnings, which showed the company’s EMEA operations played a pivotal role in sustaining its 25% overall international revenue, with 30% of that attributable to the region. With further growth and a strong period of M&A action slated, James Townsend, currently the global CEO of Assembly and Stagwell’s Brand Performance Network, will assume the role of CEO at Stagwell EMEA, effective 1 January 2024. In the position, Townsend will support the growth of Stagwell’s 16 agency brands in the region. At the same time, he will continue to lead Stagwell’s Brand Performance Network, a group of leading creative, media, and commerce agencies offering connected solutions to marketers.
“We’ve taken steps over the past few years to expand and grow our operation across EMEA, and we’re pleased to accelerate our investment in the region with James Townsend at the helm. From the start, JT has been an invaluable network leader, overseeing the combination of ForwardPMX into Assembly, and then the launch and market success of our Brand Performance Network, which has more than doubled under his leadership,” said Mark Penn, Chairman and CEO, Stagwell.
“After five extraordinary years in New York, I look forward to returning to London and supporting Stagwell’s EMEA expansion. Throughout the region, we see that clients are seeking strategic partners to support their transformation and growth agendas. With collective capabilities spanning consumer research, media, data, technology, creative, and digital transformation, Stagwell presents a modern alternative to legacy holding companies,” said James Townsend.
Stagwell’s new London office will see the agency collective share the same floor space, something Townsend says reflects the company’s strategy of connected solutions. As part of this transition, James Townsend will be stepping down from his role at Assembly, with Rick Acampora, currently Chief Operating Officer, taking over as Global CEO effective immediately.
“Rick has brought a focus on client centricity and led the innovation of both our organizational design and our tech stack. His role in our new business wins such as Lenovo, T. Rowe Price, Brooks Running, Estée Lauder Companies and Mandarin Oriental has been pivotal and he has been a key catalyst for our strong performance in recent years. He’s been a great partner to me and I wish him and the whole team all the success as they change and grow into the future,” said James Townsend.
About Stagwell
Stagwell (NASDAQ: STGW) is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
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Madeleine Maher
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Originally released on
NEW YORK and KUALA LUMPUR, Malaysia, Sept. 1, 2022 — Stagwell (NASDAQ: STGW), the challenger network built to transform marketing, has expanded its presence in the Asia-Pacific (APAC) region with the opening of its newest global office, Stagwell Malaysia. Stagwell opened its regional headquarters in Singapore in November 2021. Stagwell’s travel content and media brand, Ink, and Assembly, a global omnichannel media agency delivering media and more, will collaborate in the new location.
As part of the office opening, Ink has grown its partnership with Malaysia Airlines to offer sponsorship and advertising opportunities online and offline at the airport, onboard flights, and at home. Ink is actively hiring to support the expansion.
Assembly, which recently won recognition from two of the most prestigious local marketing award bodies, Marketing Excellence Malaysia and MARKies Malaysia, for its leading work in the market across media, will expand its staff to support the growth ambitions of local Malaysian brands and continue to support global businesses in the market.
“As Malaysia celebrates its Independence Day, we are excited to establish our newest global entity in Kuala Lumpur,” said Randy Duax, managing director, Asia-Pacific, Stagwell. “Malaysia’s GDP grew 9% last quarter and e-commerce transactions are expected to grow 25% per year over the next few years. For the kinds of innovative and disruptive clients our network serves and the kind of talent we have in our portfolio, we’re uniquely positioned to amplify brands into, out of, and within Malaysia.”
Stagwell boasts nearly 2,000 employees in the APAC region at agencies including creative network 72andSunny, communications firm Allison+Partners, creative agency Anomaly, global omnichannel media agency Assembly (named the 2021 Media Agency of the Year for Asia-Pacific by The Drum), digital transformation agency Code and Theory, creative collective Forsman & Bodenfors, (named top creative agency in Singapore by Campaign Brief), travel content and media brand INK, multilingual content agency Locaria, path-to-purchase shop MMI Agency, and consumer research agency National Research Group.
In addition, Stagwell’s innovative affiliate network now boasts 70 active and independent agency brands. In APAC, Stagwell’s affiliate partners include Beyond Media Global (Guangzhou, Hong Kong, Sydney, Taipei), creative agency Enormous (Gurgaon, Mumbai), influencer agency Metric Design Studio (Shanghai), and digital and content full-service agency Serviceplan (Kuala Lumpur, Shanghai, Seoul).
Stagwell is the challenger network built to transform marketing. We deliver scaled creative performance for the world’s most ambitious brands, connecting culture-moving creativity with leading-edge technology to harmonize the art and science of marketing. Led by entrepreneurs, our 13,000+ specialists in 34+ countries are unified under a single purpose: to drive effectiveness and improve business results for their clients. Join us at www.stagwellglobal.com.
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Sarah Arvizo
pr@stagwellglobal.com
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