Teneo
| Private | |
| Founded | 2011 |
| Headquarters | New York, New York, United States[1] |
Key people |
Declan Kelly CEO Doug Band, President Paul Keary, COO Michael Madden Henry van Dyke V Richard Powell Jim Shinn |
Number of employees | 130[2] |
| Website | http://www.teneoholdings.com |
Teneo is an US-based corporate advisory firm[3] that offers strategic communications, investment banking, business intelligence and restructuring services.[4]
General
Teneo was founded in 2011 by three partners, Declan Kelly (former U.S. Special Envoy to Northern Ireland, U.S. CEO of Financial Dynamics, and EVP & CIO of FTI Consulting), Doug Band (Counselor to U.S. President Bill Clinton) and Paul Keary (former Senior Managing Director of FTI Consulting).[5]
The firm is headquartered in New York City, with offices in Washington DC, Brussels, São Paulo, London, Dublin, Dubai, Hong Kong, Beijing, and Melbourne.[1] The firm has over 200 employees as of 2014.[2] Teneo's monthly retainer fees have been as high as $250,000.[6]
Management and organization
Business units
Teneo has six business units: Strategy, Capital, Intelligence, Financial Strategy, Consulting and Restructuring.[4]
People
- Chief Executive Officer: Declan Kelly [7][8]
- President: Douglas Band (Former Chief Advisor to former President Bill Clinton) [9][10]
- Chief Operating Officer: Paul Keary [5][11]
- Teneo Capital Chairman: Michael Madden (Former CEO of Renaissance Credit) [12][13]
- Teneo Capital CEO: Henry van Dyke V (Former head of M&A in Asia and Latin America for Morgan Stanley) [14][15]
- Teneo Strategy President: Richard Powell (Former COO of Burson-Marsteller) [16][17]
- Teneo Intelligence CEO: Jim Shinn (Former Assistant Secretary for Asia in the United States Department of Defense) [18][19]
Involvement in politics
Former U.S. President Bill Clinton and former British Prime Minister Tony Blair were paid advisers to Teneo. The New Republic described "the extent to which Teneo’s business model depend[ed] on [Band's] relationship with Clinton" as "striking".[3] Clinton ended his relationship with Teneo on February 2012.[20] Doug Band's longtime advisor relationship with Clinton ended in 2013 after concerns that Band had leveraged his ties with Clinton too much for his own business interests with Teneo.[3]
During the latter half of 2012, Huma Abedin was working as a paid consultant for Teneo while also working as special government employee for U.S. Secretary of State Hillary Rodham Clinton.[21] In July 2013, Sen. Chuck Grassley (R-IA) initiated investigation of Abedin’s activities and pay.
Client list
Teneo’s clients include Fortune 500 companies, philanthropies, governments, and high-net-worth individuals.[22]
- Coca Cola[3]
- MF Global (prior to its bankruptcy in 2011) [23]
- Tenet Healthcare[3]
- UBS Americas[3]
- Standard Chartered[6]
References
- ↑ 1.0 1.1 "Teneo - Locations". Retrieved 27 February 2013.
- ↑ 2.0 2.1 "Teneo - About Us". Retrieved 27 February 2013.
- ↑ 3.0 3.1 3.2 3.3 3.4 3.5 Alec MacGillis: Scandal at Clinton Inc. How Doug Band drove a wedge through a political dynasty. The New Republic, September 22, 2013
- ↑ 4.0 4.1 "Teneo - Businesses". Retrieved 7 March 2013.
- ↑ 5.0 5.1 O'Shea, James (29 June 2011). "Former US economic envoy Declan Kelly launches merchant bank and private equity and consulting company". Irish Central. Retrieved 25 February 2013.
- ↑ 6.0 6.1 http://www.nytimes.com/2013/08/14/us/politics/unease-at-clinton-foundation-over-finances-and-ambitions.html?pagewanted=all August 13, 2013
- ↑ "Teneo - Declan Kelly". Retrieved 7 March 2013.
- ↑ "Declan Kelly, Teneo Holdings and Gary McGann, Smurfit Kappa". Business and Finance. Retrieved 11 March 2013.
- ↑ "Teneo - Douglas Band". Retrieved 7 March 2013.
- ↑ Clark, Alisson (4 February 2009). "The Gator Behind Bill Clinton". Gainesville Sun. Retrieved 11 March 2013.
- ↑ "Teneo - Paul Keary". Retrieved 7 March 2013.
- ↑ "Teneo - Michael Madden". Retrieved 7 March 2013.
- ↑ "Michael Madden/Teneo Capital". Irish America. Retrieved 11 March 2013.
- ↑ "Teneo - Henry Van Dyke V". Retrieved 7 March 2013.
- ↑ "Asian industry: Bagged cement". The Economist. 17 June 1999. Retrieved 11 March 2013.
- ↑ "Teneo - Richard Powell". Retrieved 7 March 2013.
- ↑ Hagey, Keach (6 January 2011). "Richard Powell joins Bloomberg LP". Politico. Retrieved 11 March 2013.
- ↑ "Teneo - Jim Shinn". Retrieved 7 March 2013.
- ↑ Hickey, Kate (22 June 2012). "Teneo’s Declan Kelly delivers Bill Clinton, keeps expanding". Irish Central. Retrieved 11 March 2013.
- ↑ Haberman, Maggie (19 February 2012). "Bill Clinton changes relationship with Teneo". Politico. Retrieved 11 March 2013.
- ↑ Hernandez, Raymond (16 May 2013). "Weiner’s Wife Didn’t Disclose Consulting Work She Did While Serving in State Dept.". The New York Times (The New York Times Company). Retrieved 2013-05-17.
- ↑ Allen, Mike (23 July 2012). "Playbook". Politico. Retrieved 25 February 2013.
- ↑ Hickey, Kate (2012-06-22). "Teneo's Declan Kelly delivers Bill Clinton, keeps expanding". Irish Central. Retrieved 25 February 2013.