London-based global marketing and technology services
group MSQ has named James Townsend CEO succeeding Peter Reid, who becomes executive chairman of the organization.
Townsend joins from Stagwell where he most recently served as CEO of
Stagwell EMEA and Global CEO of Stagwell’s Brand Performance Network. Earlier he led Stagwell media agency Assembly (recently rebranded to Stagwell Media) and served as European CEO at
Dentsu’s 360i.
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MSQ has been expanding aggressively in the US market, most recently with its purchase earlier this month of agency January Digital.
Other recent
acquisitions by MSQ in the US include Big Spaceship in New York and Atlanta-based digital agency Arke (rebranded MSQ DX).
Earlier this year it launched MSQ Intelligence, a global unit that is
developing AI-powered products, services, platforms, and data capabilities for its agencies. It also expanded its sports and entertainment unit to the US in March.
The Group now has
around 2,000 people working across 25 offices in North America, Europe, Asia, and the Middle East.