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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