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Stagwell Restructures, Chief Accounting Officer Departs

Story Highlights
  • Stagwell Inc. announced the departure of its Chief Accounting Officer, Vincenzo DiMaggio.
  • Frank Lanuto will assume the role of principal accounting officer, ensuring continuity in financial operations.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Stagwell Restructures, Chief Accounting Officer Departs

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Stagwell ( (STGW) ) has shared an update.

Stagwell Inc. announced the departure of its Chief Accounting Officer, Vincenzo DiMaggio, effective September 19, 2025, as part of a restructuring that eliminates the stand-alone role. The company has entered into a severance agreement with DiMaggio, which includes severance payments and vesting of certain equity awards. Frank Lanuto, Executive Vice President, Finance, will assume the role of principal accounting officer, ensuring continuity in the company’s financial operations.

The most recent analyst rating on (STGW) stock is a Buy with a $6.00 price target. To see the full list of analyst forecasts on Stagwell stock, see the STGW Stock Forecast page.

Spark’s Take on STGW Stock

According to Spark, TipRanks’ AI Analyst, STGW is a Outperform.

Stagwell’s strong revenue growth and cash flow improvements are significant positives, supported by optimistic earnings call guidance. However, high P/E ratio and leverage concerns, along with flat margin performance, weigh on the overall score. Technical indicators suggest a stable outlook, but valuation remains a key risk.

To see Spark’s full report on STGW stock, click here.

More about Stagwell

Average Trading Volume: 1,322,642

Technical Sentiment Signal: Sell

Current Market Cap: $1.44B

See more insights into STGW stock on TipRanks’ Stock Analysis page.

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