Stagwell will hold its annual meeting June 12 at its company headquarters in New York, the company reported this week in a regulatory filing.  

Shareholders will vote for directors and ratify the selection of PricewaterhouseCoopers as the company’s accounting firm for the coming year. 

An advisory vote will also be taken on the compensation packages of the top executives at the digital marketing company. 

CEO Mark Penn had the largest total compensation for 2023, totaling $8.4 million. That included a salary of $1.2 million along with bonuses, stock awards and other elements. That was up from the $6.7 million Penn earned a year ago. 

As founder of the company, Penn also owns 2% of the outstanding class A shares as well as Class C shares that give him 56% voting power at the company.  

Later this week Stagwell will report first-quarter earnings.