Former Obama, Clinton official quits as Teneo CEO after drunken conduct at occasion

Teneo CEO Declan Kelly speaks onstage throughout World Citizen Presents World Objective Stay: The Potential Dream at St. Ann’s Warehouse on September 26, 2019 in New York Metropolis.

Noam Galai | Getty Photographs

The CEO of main public relations and advisory agency Teneo, who beforehand served as a particular envoy to Northern Eire below then-Secretary of State Hillary Clinton, resigned Tuesday after fallout from his drunken habits at a high-powered charity occasion final month.

Declan Kelly’s embarrassing departure got here days after Normal Motors severed ties with Teneo due to his conduct, and weeks after he resigned from the board of administrators of the nonprofit group World Citizen, the host of the Could 2 occasion in query.

Normal Motors had been a shopper of Teneo, a 1,200-person agency that was co-founded by Doug Band, a former aide to ex-President Invoice Clinton.

Along with doing work for GM, which reportedly was paying Teneo a $250,000-per month retainer, Kelly additionally has served as an advisor to Normal Electrical and Coca-Cola.

Kelly, who additionally been Teneo’s chairman, is brother of Alan Kelly, chief of the Labour Celebration in Eire.

Declan Kelly, who beforehand labored as a reporter for a number of newspapers in Eire, served as a particular financial envoy from 2009 by means of 2011 for Hillary Clinton when she headed the State Division below former President Barack Obama. Kelly moreover had served as an advisor to Clinton throughout her 2008 marketing campaign for president.

The Wall Avenue Journal reported final Friday that Kelly’s consultant mentioned that the PR government had been “inebriated and behaved inappropriately in direction of some men and women” on the World Citizen occasion.

President Joe Biden had made a video look on the occasion, whose chairpersons had been Prince Harry and his spouse, Meghan Markle. Pope Francis additionally delivered a message to the gathering.

“For the reason that occasion two months in the past Mr. Kelly instantly dedicated to sobriety, is endeavor ongoing counselling from healthcare professionals, and has briefly diminished his work tasks,” the assertion from his consultant mentioned, in keeping with the Journal.

“He has the total assist of his household, colleagues, companions and buddies.”

This was not Kelly’s first embarrassing public episode.

Kelly beforehand was seen on social media video sleeping together with his mouth open within the stands of the Onerous Rock Stadium in Miami throughout the first quarter of the Tremendous Bowl in February 2020.

That viral video got here eight months after Teneo bought a slight majority stake within the agency to CVC Capital Companions in a deal that valued Teneo at greater than $700 million.

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In his personal assertion on Teneo’s web site posted Tuesday Kelly mentioned, “On Could 2nd I made an inadvertent, public and embarrassing mistake for which I took full duty and apologized to these straight affected, in addition to my colleagues and shoppers.”

“A marketing campaign in opposition to the repute of our agency has adopted and should even proceed within the coming days,” Kelly mentioned. “Nevertheless, whatever the veracity of any such issues I are not looking for them to be an ongoing distraction to the working of our firm.”

“With a view to shield the staff of Teneo and its shoppers, and with my household’s robust assist, I’ve determined to go away the corporate and resign as Chairman and CEO,” Kelly mentioned.

Teneo’s board of administrators appointed one other firm co-founder, Chief Working Officer Paul Keary, to succeed Kelly as chief government officer.

“We need to thank Declan for his management and dedication over the previous ten years in constructing Teneo into the world’s preeminent CEO advisory agency,” the corporate mentioned in an announcement.

“Due to Declan’s management, and the efforts of its glorious administration workforce, Teneo right now serves the world’s main corporations with a deep bench of skilled advisors throughout various disciplines.”

https://www.cnbc.com/2021/06/29/former-obama-clinton-official-quits-as-teneo-ceo-after-drunken-conduct-at-party.html