discipline communications type public traded as nasdaq mdca industry advertising public relations marketing founded december 19 1986 ; 29 years ago 1986 12 19 founder miles nadal headquarters new york city united states area served worldwide key people scott kauffman ceo and chairman david doft cfo revenue us 1.326 billion 2015 number of employees 5 690 2016 1 website www.mdc partners.com mdc partners inc. nasdaq mdca tsx mdz.a is an advertising and marketing holding company based in new york city . as of 2013 it ranks as the ninth largest advertising agency holding company in the world 2 with over 50 partner firms worldwide . mdc is structured as a partnership model in which it initially acquires a majority stake in its partner agency leaving a percentage of ownership with the founder . citation needed contents 1 history 2 operations 2.1 partner companies 3 references 4 external links history edit mdc partners was founded as multi discipline communications in 1980 in toronto by miles nadal . 3 4 the company held an ipo on october 16 1987 . 5 the company operated two divisions in the 1990s marketing and communications and secure transaction products which included the production of checks credit and debit cards tickets and stamps . toward the end of the 1990s mdc concentrated on growing its marketing and communications business . it continued to expand into the united states surpassing cad 1 billion in revenue in 2000 through acquisitions and organic growth . 4 5 in 2001 mdc formed its first partnership with the agency crispin porter bogusky . 6 in january 2004 the company changed its name to mdc partners inc. 7 mdc became the first advertising company to build a capability designed for automated or programmatic media trading with the formation of varick media management in 2008 . 8 the company acquired anomaly in 2010 and 72andsunny in 2011 . 9 on july 21 2015 miles nadal announced his resignation as ceo in response to an investigation by the u.s. securities and exchange commission regarding executive pay and accounting practices . nadal agreed to pay back 1.9 million in expenses and 10.6 million in salary and bonuses . he did not receive any severance or compensation for resigning . chief accounting officer michael sabatino also announced his resignation and will reportedly repay 208 000 in bonuses . 10 10 11 mdc s presiding director of the board scott kauffman succeeded miles nadal as chairman and ceo . 12 13 in june 2016 mdc announced the first acquisition under kauffman of swedish creative agency forsman & bodenfors forming a strategic partnership with sister agency cp b. 14 in december 2015 the company ranked 8th in advertising age s global ranking of agency networks by cumulative award wins . 15 operations edit unlike other holding companies mdc positions itself as a partner taking majority stakes generally 60 80 % . the company is a publicly traded listed on both the nasdaq stock exchange under the symbol mdca . 16 partner companies edit major holdings include 52 advertising and marketing firms 17 18 6 degrees 72andsunny albion albion drive allison partners anomaly antidote 360 assembly attention boom marketing bruce mau design bryan mills iradesso civilian colle mcvoy concentric health experience cp b cultura united agency doner exponent public relations gale partners hello design hl group hudsun media hunter public relations kbs kenna kingsdale shareholder services kwittken laird partners legend localbiznow luntz global mdc media partners mono northstar path worldwide real interactive redscout relevent sic rumble fox sloane & company source team enterprises the media kitchen tradex partners union unique influence varick media management veritas communications vitro y media labs references edit mdca company profile . wall street journal . retrieved 9 may 2016 . eric lam 12 november 2013 . mdc partners soars selling burgers on facebook . bloomberg . retrieved 8 february 2015 . jeff beer 16 november 2011 . is this guy a mad man . canadian business . retrieved 8 february 2015 . a b international directory of company histories . st. james press . 2004 . retrieved 8 february 2015 . a b susan krashinsky 29 may 2014 . mdc s challenge everything you know about advertising is going to be useless on monday . the globe and mail . retrieved 8 february 2015 . stuart elliott 1 july 2010 . bogusky creative ad star is leaving advertising . media decoder . retrieved 12 february 2015 . company description . bloomberg.com . bloomberg . retrieved 8 february 2015 . the first advertising hedge fund . adweek . 8 september 2008 . retrieved 8 february 2015 . rupal parekh 9 march 2011 . miles nadal on how his holding company handles recruitment . advertising age . retrieved 8 february 2015 . a b tadena nathalie . mdc partners ceo miles nadal steps down amid sec investigation . wsj . retrieved 2016 04 22 . mdc partners stock plummets after news of sec probe into ceo s expenses . adweek . retrieved 2016 04 22 . natalie zmuda 21 july 2015 . ten things you don t know about mdc s new ceo . advertising age . retrieved 4 may 2016 . scott kauffman appointed chairman and ceo of mdc partners ; miles nadal retires ; company reaffirms annual guidance . pr newswire . 2015 07 20 . retrieved 2016 04 23 . suzanne vranica 29 june 2016 . mdc to buy swedish agency forsman & bodenfors . the wall street journal . retrieved 22 july 2016 . the awards report 2015 . advertising age . 21 december 2015 . retrieved 4 may 2016 . mdca company profile . wall street journal . retrieved 2016 05 09 . mdc partners acquires majority stake in pr firm . everything pr public relations marketing and social media news . retrieved 2016 04 22 . agencies . mdc partners . retrieved 2016 04 23 . external links edit official website retrieved from https en.wikipedia.org w index.php title mdc partners & oldid 742569772 categories companies listed on nasdaqcompanies listed on the toronto stock exchangeholding companies of canadaholding companies of the united stateshidden categories all articles with unsourced statementsarticles with unsourced statements from august 2016official website different in wikidata and wikipedia navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages deutschfran ais edit links this page was last modified on 4 october 2016 at 13 43 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark 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