MDC Partners Adds Chief Accounting Officer

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NEW YORK MDC Partners said it has hired Michael Sabatino as svp and chief accounting officer.

He joins MDC tomorrow, two days after the company said it would delay the release of its fourth-quarter and full-year results [Adweek Online, March 30].

MDC becomes the second holding company to take such action in recent weeks, following Interpublic Group’s inability to set a date for reporting its 2004 results.

Toronto-based MDC—parent to ad agencies such as Cliff Freeman and Partners, Crispin Porter + Bogusky, Kirshenbaum Bond + Partners—said it expects to release its earnings and file its Form 10-K with the Securities and Exchange Commission no later than April 15.

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