declan kelly paul keary doug band headquarters 601 lexington avenue new york city united states areas served worldwide washington dc united kingdom dubai hong kong london dublin toronto etc. key people declan kelly ceo doug band president paul keary coo steven sullivan cfo charles watson chairman rick powell president chris wearing vice chairman services consulting merchant banking website teneoholdings.com teneo is an international c suite advisory firm 1 and investment banking platform . founded in june 2011 by declan kelly paul keary and doug band 2 teneo currently has 550 employees 3 and thirteen divisions 4 including strategy capital intelligence risk consulting restructuring ventures talent diversity & inclusion sports governance and digital . 5 based in new york city with offices in thirteen cities including a major operation in london and dubai 6 among teneo s clients are multi national fortune 500 companies philanthropies and high net worth individuals . 7 the firm markets specific services such as corporate strategy crisis management media relations mergers & aquistions investor relations corporate risk and operational restructuring among several dozen others . 8 in the first six months of 2015 teneo advised clients on communications and investor relations for 10 different m & a deals worth a total of over 60 billion . 9 on september 13 2016 the media reported that teneo was considering an initial public offering for early 2017 among other options . 10 involved in various philanthropic projects teneo founded and operates the teneo foundation which contributed millions to various nonprofits . 11 teneo also operates the teneo leadership institute at cornell university 12 an initiative which trains ceos and senior executives on managing volatile markets geopolitical winds and other disruptors facing global businesses . 13 contents 1 history 1.1 2011 1.2 2012 2013 1.3 2014 2015 1.4 2016 2 divisions and services 3 facilities and staff 4 philanthropy 5 see also 6 references 7 external links history edit 2011 edit the global advisory firm teneo holdings was founded in june 2011 by three partners . 2 14 kelly co founded teneo holdings in new york with his long term colleagues douglas band and paul keary . 15 and keary took on the role of chief operating officer . 14 kelly took on the roles of chairman and co ceo band became president 16 and keary took on the role of chief operating officer . 2 14 teneo announced it would be comprised of an investment bank and an international c suite consulting business . 17 fortune would later describe teneo as founded to provide a blend of six strategic services to corporate leaders from management consulting and corporate restructuring to business intelligence and strategic communications . 18 teneo s monthly retainer fees were reported to be as high as 250 000 . 19 tony blair and bill clinton were both announced 17 as members of teneo s advisory board 20 with clinton later becoming a client and unpaid advisor to teneo and its founders . 16 teneo was headquartered in new york s 601 lexington avenue building 21 with satellite offices in washington dc london and toronto . 2 22 an office opened shortly afterwards in dublin . 14 22 2012 2013 edit in the spring of 2012 teneo added the division teneo intelligence 23 which 23 aims to identify trouble spots around the world and analyse their potential effect on global markets . 21 teneo had 100 employees by june 2012 16 a number which had risen to 130 employees by august . 21 teneo signed a number of high profile clients at its founding 20 and by the summer of 2012 the firm s roster included 21 dow chemical 24 coca cola 21 bhp 25 and ubs among others . 19 by 2013 the clinton s connection had become a focus of the press 1 26 and the republican party . 27 28 29 teneo launched teneo consulting on may 30 2013 which it described as complementary to its existing strategy capital intelligence restructuring and 360 platforms . teneo announced the division would be advising on technology organizational structuring business process change management and other core services . chris wearing from jpmorgan chase and accenture was appointed head of the division . 30 in september 2013 teneo expanded its restructuring platform . teneo announced the division would offer both financial and operational restructuring capabilities and be complementary to other divisions such as strategy capital consulting intelligence and 360 . 31 2014 2015 edit fortune reported in june 2014 that teneo had hired former us senator george j. mitchell and former uk government minister mervyn davies as advisors bringing the roster of senior advisors to twelve . davies was also appointed vice chairman . 18 in 2014 nascar expanded its pre existing relationship with teneo strategies . 32 new york private equity firm bc partners made a minority investment in teneo in december 2014 . 33 34 thereafter teneo grew from operating 6 divisions 35 to 12 divisions including an executive recruitment operation and a corporate governance arm through business acquisitions and recruiting . 33 charles watson was named the chairman of teneo international in january 2015 with oversight of teneo s non us operations . 36 fifa became a client in july 2015 37 and also around that time teneo advised willis group holdings on its merger with the consulting firm towers watson a deal valued at 18 billion . 9 in the first six months of 2015 teneo advised clients on communications and investor relations for 10 different m & a deals worth a total of over 60 billion . 9 teneo expanded throughout 2015 38 and on july 9 2015 teneo acquired the london based communications agencies blue rubicon and stockwell effectively doubling in size . 36 blue rubicon which had offices in london doha dubai and singapore 9 with 225 staff members 37 also had clients such as facebook unilever and tesco . the smaller stockwell had clients such as vivendi . 9 subsequently on october 26 2015 teneo acquired pendomer communications a financial and corporate communications firm based in london . 39 the acquisition 38 doubled teneo s employee count to about 500 37 and brought the headcount at teneo s london office to 200 . 39 in 2015 teneo received information requests from the office of senator charles grassley as part of a review into a state department waiver granted to huma abedin a tope aide for hillary clinton which had allowed her to earn income outside the government 29 40 41 42 in 2012 . 43 the probe had been initiated in july 2013 27 28 29 to scrutinize abedin s work with the government 43 while also consulting for four other entities 42 one of which had been teneo . 43 the company did not yield to information requests but responded that teneo was committed to the highest ethical and professional standards with abedin asserting that teneo had never asked her to do any compromising work . 29 abedin was reported to have signed a contract with teneo pledging to avoid conflict of interest problems 29 and a 2015 freedom of information request showed emails where she recused herself from several situations for that reason . 44 though the issue was seen as controversial by republicans the journal noted that there was no evidence of any fundraising donations or services provided by teneo executives to the state department or hillary clinton during her time as secretary of state . 42 2016 edit teneo holdings expanded its operations in canada in january 2016 resulting in an employee headcount of 570 people . 45 on february 24 2016 teneo announced that twelve rolling capital a boutique investment banking firm would join the teneo capital investment banking platform . 46 teneo holdings acquired the irish pr firm psg communications in july 2016 with psg to remain separate with its own clients and brand . 47 psg at the time had 55 staff members and clients such as aig . 47 as of july 2016 teneo s clients reportedly included american express 47 and ernst & young . 48 teneo was also advising fifa on its reorganisation and was working on los angeles s bid to host the 2024 summer olympics . 47 on august 2 2016 it was announced that william bratton was leaving his long term job as new york city police commissioner the following month and would afterwards be joining the newly formed teneo risk as executive chairman . 49 on september 13 2016 the wall street journal reported that teneo was considering an initial public offering with a projected valuation of up to 1 billion according to sources familiar with the matter . the sources alleged that an ipo was being considered for early 2017 with alternative options including a merger or sale of several teneo units . 10 the wall street journal explained that at the time teneo had roughly 500 clients and marketed itself as a one stop shop for ceos to get advice on a wide range of issues including mergers and acquisitions handling crises and managing public relations with xerox as a client . xerox ursula burns stated she had used teneo a little like a traffic cop while managing xerox s split into two companies . 10 divisions and services edit among teneo s clients are fortune 500 companies philanthropies and high net worth individuals . 7 beyond consulting on diverse issues through various business units 50 teneo also is comprised of an investment bank . 14 categorizing its services and divisions as either financial transformational or reputational specific to servicing the needs of chief executives officers . teneo has twelve business units 8 strategy capital intelligence 360 consulting restructuring ventures talent diversity & inclusion sports governance digital and risk . 5 teneo sports also existent since 2011 originally focused on helping cities or organizations make bids for sports events including the 2014 winter olympics in sochi . in 2014 the division began taking on athletes while continuing to work with clients such as nascar and the women s tennis association . 50 teneo divisions periodically partner with other firms to provide services . 50 facilities and staff edit teneo is headquartered in the citigroup center skyscraper in manhattan pictured center . headquartered at 601 lexington avenue in manhattan 6 21 as of july 2016 the firm had offices in 13 other locations as well 47 including london dublin hong kong beijing brussels s o paulo washington dc atlanta san francisco toronto singapore dubai and doha in qatar . 6 with 550 staff members as of july 2016 47 a number that grew 3 after an acquisition later that month . 47 all three teneo co founders remain involved with the company . 51 declan kelly continues to serve as chairman and ceo with oversight of all the company s operating divisions 52 douglas band remains president 53 54 and paul keary retains his original role as chief operating officer coo . 14 15 other key leadership positions at teneo holdings include steven sullivan as chief administration officer cao and chief financial officer cfo chris wearing as vice chairman lawrence carnevale as general counsel and anne r. mahoney as head of human resources . 51 since 2015 45 charles watson has served as chairman of teneo holdings international where he overseas growth of the firm outside of the united states . 51 teneo s business units are headed by a number of division presidents chairpersons and ceos 51 with current executives such michael madden of renaissance credit 55 56 henry van dyke of morgan stanley 57 58 richard powell of burson marsteller 59 60 and jim shinn of the united states department of defense . 16 61 as of july 2016 teneo s twenty senior advisors included us senator george j. mitchell lord davies of abersoch lord hague of richmond us general raymond t. odierno sir michael rake of the confederation of british industry