Steve Cahill's questions to Stagwell Inc (STGW) leadership • Q2 2025
Question
Steve Cahill of Wells Fargo pointed to lagging performance in the media business and asked for details on steps taken to strengthen it. He also questioned if the business is considered a core offering and whether there is a need to increase its current scale.
Answer
Chairman and CEO Mark Penn affirmed the media business is a core focus, emphasizing that their strategy relies on technological efficiency over pure scale. He highlighted ongoing developments like the Stagwell ID graph and a new content management system as key to upgrading their offerings. Penn stated the goal is to be 'fully competitive against the majors' by leveraging superior technology for performance-oriented marketers.