Mark Penn's Stagwell Launches Risk and Reputation Unit to Counsel C-Suite Leaders on Emerging Policy, Political, and Social Issues
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NEW YORK and WASHINGTON D.C. – Sept. 15, 2022 – Stagwell today launched a new business unit to deliver bipartisan, multidisciplinary political and communications expertise to chief executive officers, chief communicators officers and chief marketing officers navigating emerging policy, political and social issues.
The new Stagwell Risk and Reputation Unit aligns political and financial strategists from Democratic strategic communications firm SKDK, Republican digital agency Targeted Victory, financial communications firm Sloane & Company and Stagwell’s corporate reputation and strategic experts. The offering will help business leaders audit the societal and political issues most important to stakeholders, develop proactive and reactive strategies and narratives, and monitor and measure the impact of a company’s position on business reputation and overall performance.
“Today’s CEOs are under more pressure than ever to mix business and politics – yet one misstep can wipe out a year of marketing and corporate reputation building and billions in shareholder value,” said Mark Penn, chairman and CEO, Stagwell. “Too often, businesses rely only on expertise from one side of the aisle or without considering the financial implications of their public positions. Our team goes beyond the purpose-marketing units in today’s landscape to bring true, bipartisan political insights and tested business acumen closer to the war room.”
Ray Day, Stagwell vice chair and a longtime chief communications officer, added: “Leaders have minutes to make the right decision once a societal or political issue takes over their company’s narrative. Too often, they tend to make choices based on internal information with little outside perspective,” Day said. “We’re providing the guidance leaders need to respond in the heat of the moment, while also helping them see around corners and anticipate what’s to come to protect reputation.”
The new consultancy includes experienced strategists who have supported and served in executive leadership at Microsoft, Ford, IBM and many other Fortune 500 companies, as well as campaign strategists for 12 presidential races, 95 Senate races and 175 House races.
“Stagwell excels at connecting the best of the best to unleash transformative results for our clients. With this unit, we’ve connected two of the leading political firms in the country alongside our financial and corporate communications experts to help business leaders solve one of their biggest post-COVID challenges: balancing product with purpose,” said Alexis Williams, chief brand officer, North America, Stagwell.
To inquire about the Risk and Reputation Unit, please reach out to firstname.lastname@example.org
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.
SKDK is a top national communications and political consulting firm bringing unparalleled strategic communications experience to Fortune 500 companies, nonprofits, philanthropic organizations and labor unions, as well as political committees and candidates. With offices in Washington, New York, Los Angeles and Albany, SKDK offers strategic support to managing a crisis, protecting a brand, advocating an issue or winning an election. In 2020, SKDK was a key adviser to the Biden for President campaign and helped to make history by electing Joe Biden as President of The United States and Kamala Harris, the nation’s first Black, Asian-American and woman, as Vice President. To learn more about SKDK, visit our website at www.skdknick.com.
About Targeted Victory
Targeted Victory is a digital-first political and communications agency. Born out of campaigns, we bring speed and scale to our work on behalf of Fortune 500 companies. Our roster of presidential-level campaign operatives, former House and Senate chiefs of staff, former television producers and global public relations and marketing professionals provide strategic guidance to our clients. Our decades of experience running political and corporate campaigns has taught us utilizing both national messaging and outreach, along with activating hyperlocal engagements, is the most effective way to tell a client’s story.
About Sloane & Company
Founded in 1998, Sloane & Company is an industry-leading strategic communications firm focused on Corporate Communications, Media Relations, Investor Relations, Crisis Communications and Issue Management, Activism Defense and Proxy Contests, Transaction Support and Public Affairs. Sloane & Company has previously been recognized by The Holmes Report as Global Corporate Agency of the Year; and Crisis Agency of the Year, and in 2019 was ranked by Bloomberg #2 among communications firms for shareholder activism support, based on total number of campaigns.
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