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1 Jul, 5 tweets, 3 min read
Declan Kelly, chief executive of CEO advisory firm Teneo, resigned five days after the Financial Times published allegations that the 53-year-old had drunkenly touched several women at a fundraising party without their consent. What’s the story?
ft.com/content/7412f9…
In six months, Teneo was hit with two reputational crises, costing both co-founders their jobs and casting doubt over the future of an expansionist 1,250-person consultancy that received at least $450m in private equity
ft.com/content/7412f9… Image
Declan Kelly and Doug Band were trusted by scores of chief executives to protect their reputations. The fees they managed to charge - as much as $1m per month - left rivals slack-jawed with envy. That legacy is now threatened ft.com/content/7412f9… Image
Yet prior to Kelly’s resignation, Band also left the firm after comments he made in an interview about the Clintons. He was a former aide to Bill Clinton and involved in a bitter break-up with him (centre in the picture) ft.com/content/7412f9… Image
A third Teneo co-founder, Paul Keary, took over as chair and chief executive. But with the company’s best-connected founders gone, employees, clients and rivals have been left unsure about what will happen to Teneo now 👇ft.com/content/7412f9…

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2 Jul
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on.ft.com/3hoMdAR
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on.ft.com/3x6buXe
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ft.com/content/7475ae…
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