Stagwell extends CEO Mark Penn through 2029, raises base to $1.4M, grants 2M cash SARs

Filed August 3, 2026 · Period ending July 28, 2026 · ~1 min read

Key Changes

• medium

  CEO Mark Penn's employment extended to July 31, 2029, providing three years of leadership continuity.

  Item 5.02 verify on EDGAR →
• medium

  Granted 2M stock appreciation rights with $8.45 base price, vesting over three years, settleable only in cash (not shares).

  Item 5.02 verify on EDGAR →
• medium

  Annual bonus target set at 240% of base salary; long-term equity incentive target at 450% of base salary.

  Item 5.02 verify on EDGAR →