TORONTO, Ontario, March 31, 2005–MDC Partners announced today that, effective April 1, they have hired Michael Sabatino as Senior Vice President and Chief Accounting Officer. In his role, Mr. Sabatino will have responsibility and oversight for management accounting, external financial reporting, SEC compliance, financial planning and analysis and taxation.
Michael joins MDC Partners from the accounting firm of Eisner LLP, where he has been a Partner for the past year. Prior to that time, he was the co-CFO of Jakks Pacific, Inc., the fourth largest US toy company. In addition, Michael was a Partner at BDO Seidman, the fifth largest worldwide public accounting firm.
Walter Campbell, MDC Partners’ current CFO, will become CFO of MDC Partners’ Secure Products International Group. He has served in various financial functions over the past ten years, most recently as the Company’s CFO. Walter will work with Michael to transition oversight of the Company’s corporate financial functions.
“We are thrilled to have Michael join our team. He brings world-class technical expertise and corporate experience to MDC Partners as the Company continues to grow its business. Additionally, Walter Campbell’s contribution to the MDC Partner’s corporate office has been significant and we look forward to his contribution as CFO of Secure Products International as we move towards monetization of this asset,” said Steven Berns, MDC Partners’ Vice Chairman and Executive Vice President.
About MDC Partners Inc.
MDC Partners is a leading provider of marketing communications services, and secure transaction products and services, to clients in the United States, Canada, Australia and the United Kingdom. Through its partnership of entrepreneurial firms, its Marketing Communications Division provides advertising and specialized communication services to leading brands. The Secure Products Division provides security products and services in three primary areas including electronic transaction products, secure ticketing products and stamps. MDC Partners Class A shares are publicly traded on the Toronto Stock Exchange under the symbol “MDZ.SV.A” and on the NASDAQ under the symbol “MDCA”.