Teneo

Not to be confused with Teneo Network.
Teneo
Company typePrivate
FoundedJune 2011; 13 years ago (2011-06)
FoundersDeclan Kelly
Paul Keary
Doug Band
Headquarters280 Park Avenue,
New York City
,
United States
Areas served
Worldwide
Key people
Paul Keary (CEO)[1]
Ursula Burns (chairwoman)[2]
Websiteteneo.com

Teneo is a public relations and advisory company.[3][4][5] The company was founded in June 2011 by Declan Kelly, Paul Keary, and Doug Band,[6] and currently has more than 1,450 employees located in 40 offices.[7][8][9][10] In 2019, Teneo sold a majority stake to CVC Capital Partners, at a total valuation of around $700 million.[3] Today the company is led by Chairwoman Ursula Burns and CEO Paul Keary.

In its early years, Teneo was the subject of controversy primarily over its extensive ties to the Clinton family and the leveraging of those ties for its business purposes. In its later years, the firm has spurred controversy by working for authoritarian regimes in Saudi Arabia and Azerbaijan, as well as provide services to Russian oligarchs.

  1. ^ "How Teneo's master of the dark arts spun out of control". www.ft.com.
  2. ^ "Executive Leadership". Teneo.com. Retrieved 27 July 2021.
  3. ^ a b Espinoza, Javier. "Private equity group acquires politically-connected Teneo". www.ft.com. Retrieved 2021-01-01.
  4. ^ Gryta, Chip Cutter, Sharon Terlep and Thomas (2021-07-02). "The Rise and Fall of Teneo's Declan Kelly". Wall Street Journal. ISSN 0099-9660. Retrieved 2021-08-05.{{cite news}}: CS1 maint: multiple names: authors list (link)
  5. ^ "Teneo PR firm boss quits over drunken misconduct claims". BBC News. 2021-06-29. Retrieved 2021-08-05.
  6. ^ Cite error: The named reference irishcentralformerlaunch was invoked but never defined (see the help page).
  7. ^ Lombardo, Cara (June 7, 2019). "Teneo Agrees to Sell Majority Stake to Private-Equity Firm" – via www.wsj.com.
  8. ^ Goodbye, Blue Rubicon, PR Week, 2018
  9. ^ "JAY GOFFMAN, THE CLIENT CHAIRMAN OF THE FINANCIAL ADVISORY BUSINESS, TENEO APPOINTS - List23". List23: Latest U.S. & World News. 2022-01-18. Retrieved 2022-01-25.
  10. ^ Lerner, Steven. "KPMG Offloads Cayman And BVI Restructuring Unit To Teneo - Law360". www.law360.com. Retrieved 2022-01-25.