NEWS29 May 2019

MDC Partners hires first COO

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US – Marketing agency MDC Partners has appointed Seth Gardner as chief operating officer.

Gardner joins the company from The Carlyle Group, where he was managing director, chief operating officer and chief legal officer of the firm’s credit division.

At MDC, he will oversee the network’s operations, real estate portfolio, IT, human resources and benefits, and centralised resources for MDC Partners agencies. Gardner takes up the newly created role effective from 17th June.

Investment advisory company Stagwell Group invested $100m in MDC earlier this year, with Stagwell founder Mark Penn becoming chairman and chief executive.

Penn said: "As we work tooperationalise MDC’s central resources and build out best-in-class shared services, Seth’s cross-functional skills and expertise will be invaluable. He brings a unique background in education, professional experience and leadership development, offering tremendous insights into the single most valuable asset in our network: our talent."

Stagwell Group’s portfolio of companies includes research firm Harris Insights & Analytics and telecoms researcher HarrisX.