Teneo

Teneo
Private
Founded 2011 (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
500[2]
Website http://www.teneoholdings.com

Teneo is an US-based corporate advisory firm that offers strategic communications, investment banking, business intelligence and restructuring services.[3]

History

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).[4]

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.[5]

On July 9, 2015 Teneo acquired London-based communications agencies Blue Rubicon and Stockwell, effectively doubling in size.[6]

Management and organization

Business units

Teneo has twelve business units: Strategy, Capital, Intelligence, 360, Consulting, Restructuring, Ventures, Talent, Diversity & Inclusion, Sports, Governance, and Digital.[7]

People

Former US Senate majority leader George J. Mitchell, who in 1995 was appointed by Bill Clinton as special envoy to Northern Ireland, and in 2009 was appointed by Hillary Clinton in her capacity as US Secretary of State as US special envoy to the Middle East, is listed as a senior adviser to the firm.[21]

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.[22] 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.[23] In July 2013, Senate Judiciary Committee Chairman Chuck Grassley (R-IA) initiated an investigation into Abedin’s activities and pay during that period.[24][25][26]

Client list

Teneo’s clients include Fortune 500 companies, philanthropies, governments, and high-net-worth individuals.[27]

References

  1. 1 2 "Teneo – Locations". Retrieved 27 February 2013.
  2. 1 2 "Teneo – About Us". Retrieved 6 November 2015.
  3. 1 2 3 4 5 6 Alec MacGillis: Scandal at Clinton Inc. How Doug Band drove a wedge through a political dynasty. The New Republic, September 22, 2013
  4. 1 2 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.
  5. 1 2 http://www.nytimes.com/2013/08/14/us/politics/unease-at-clinton-foundation-over-finances-and-ambitions.html?pagewanted=all August 13, 2013
  6. http://www.teneoholdings.com/2015/07/teneo-announces-acquisitions-of-blue-rubicon-and-stockwell/
  7. "Teneo – Businesses". Retrieved 7 March 2013.
  8. "Teneo – Declan Kelly". Retrieved 7 March 2013.
  9. "Declan Kelly, Teneo Holdings and Gary McGann, Smurfit Kappa". Business and Finance. Retrieved 11 March 2013.
  10. "Teneo – Douglas Band". Retrieved 7 March 2013.
  11. Clark, Alisson (4 February 2009). "The Gator Behind Bill Clinton". Gainesville Sun. Retrieved 11 March 2013.
  12. "Teneo – Paul Keary". Retrieved 7 March 2013.
  13. "Teneo – Michael Madden". Retrieved 7 March 2013.
  14. "Michael Madden/Teneo Capital". Irish America. Retrieved 11 March 2013.
  15. "Teneo – Henry Van Dyke V". Retrieved 7 March 2013.
  16. "Asian industry: Bagged cement". The Economist. 17 June 1999. Retrieved 11 March 2013.
  17. "Teneo – Richard Powell". Retrieved 7 March 2013.
  18. Hagey, Keach (6 January 2011). "Richard Powell joins Bloomberg LP". Politico. Retrieved 11 March 2013.
  19. "Teneo – Jim Shinn". Retrieved 7 March 2013.
  20. Hickey, Kate (22 June 2012). "Teneo’s Declan Kelly delivers Bill Clinton, keeps expanding". Irish Central. Retrieved 11 March 2013.
  21. 1 2 http://www.bbc.co.uk/sport/0/football/33546793
  22. Haberman, Maggie (19 February 2012). "Bill Clinton changes relationship with Teneo". Politico. Retrieved 11 March 2013.
  23. 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.
  24. Hernandez, Raymond (August 18, 2013). "Questions on the Dual Role of a Clinton Aide Persist". The New York Times. Retrieved August 19, 2013.
  25. Condon, Stephanie (July 26, 2013). "Weiner's wife Huma Abedin under scrutiny over two jobs". CBS News. Retrieved July 29, 2013.
  26. Jonathan Allen (2015-11-05). "Teneo, firm with Clinton ties, declines to answer Senate questions". Reuters. Retrieved 6 November 2015.
  27. Allen, Mike (23 July 2012). "Playbook". Politico. Retrieved 25 February 2013.
  28. Hickey, Kate (2012-06-22). "Teneo's Declan Kelly delivers Bill Clinton, keeps expanding". Irish Central. Retrieved 25 February 2013.

External links

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