MDC Partners Adds Two Senior Executives to Management Team
Fast-Growing Company Enlists Former GE Executive Dennis McGuire as Senior Vice President, Treasurer, and Deutsche Bank Analyst Matt Chesler as Vice President, Investor Relations
NEW YORK, Oct. 29, 2013 /CNW/ - MDC Partners announced today that it has enlisted two new senior executives to bolster its management team. Dennis McGuire is taking on the role of SVP, Treasurer for the company, while Matt Chesler joins as VP, Investor Relations. With over 20 years of experience in treasury, corporate finance, M&A and banking, McGuire will lead and direct all corporate and Partner network treasury activities. Chesler brings over 10 years of experience as Equity Research Analyst to MDC, where he will work alongside CFO David Doft on all investor relations activities.
"We are extremely pleased to welcome Dennis and Matt at a time of accelerated growth and international expansion for MDC," said Doft. "Dennis brings both impressive versatility and a broad-based skill set to the role, with not only extensive corporate treasury experience, but also significant bank-side and practical international expertise. A strategic and veteran corporate treasury executive, he will be an enormous asset to MDC and to our Partner agencies."
Added Doft, "Matt is one of the best senior analysts in the advertising and media space, and has a deep knowledge and understanding of our industry and of MDC's business. We are thrilled that he will enhance our team's level of sophistication as the company's market cap and business continue to grow."
McGuire comes to MDC Partners from the General Electric Company, where he worked in Corporate Treasury for 10 years as a Managing Director and Assistant Treasurer supporting the company's GE Capital and Industrial businesses, including GE's former media business, NBC Universal. Earlier in his career, McGuire held treasury leadership roles at blue-chip firms PepsiCo and Honeywell and began his career in corporate banking with Chase Manhattan Bank and Bankers Trust.
"I am extremely impressed by the progressive way in which MDC has approached all aspects of its business and by its dedication to creating best-in-class operations and services for its Partners," said McGuire. "This is an extraordinary opportunity to work for a truly innovative company at a particularly exciting time in its growth trajectory, and I am looking forward to adding the benefit of my experience and perspective to the team."
Since 2003, Chesler has worked at Deutsche Bank as an analyst covering the media sector, with primary subsector responsibilities for advertising agencies, magazines, local TV, and audience measurement, and has been a lead analyst since 2008. From 2009 to 2011, he also served as a member of the Internet & Interactive Entertainment team. He was named an "Up and Comer" in the Publishing & Advertising sector by Institutional Investor two times in 2009 and 2010, was a member of a team that ranked third in the annual Institutional Investor survey in 2007 and that won a Wall Street Journal "Best of the Street" stock-picking award in 2005. Prior to joining Deutsche Bank in 2003, Chesler worked in the accounting industry for six years for Ernst & Young and PriceWaterhouseCoopers.
"I've admired MDC for a long time, and from the vantage point of an analyst, I gained a unique perspective on the industry," said Chesler. "I'm looking forward to now being a part of what I see as a best-in-class organization that is truly dedicated and structured to building value for its clients, agency partners and shareholders."
About MDC Partners Inc.
MDC Partners is one of the world's largest Business Transformation Organizations that utilizes technology, marketing communications, data analytics, insights and strategic consulting solutions to drive meaningful returns on Marketing and Communications Investments for multinational clients in the United States, Canada, and worldwide.
MDC Partners' durable competitive advantage is to Empower the Most Talented Entrepreneurial Thought Leaders to Drive Business Success to new levels of Achievement, for both our Clients and our Shareholders, reinforcing MDC Partners' reputation as "The Place Where Great Talent Lives."
MDC Partners' Class A shares are publicly traded on NASDAQ under the symbol "MDCA" and on the Toronto Stock Exchange under the symbol "MDZ.A".
SVP, Corporate Communications
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