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A STATEMENT FROM TENEO BOARD OF DIRECTORS



The Teneo Board of Directors regrets to announce that Declan Kelly has advised it of his decision to resign from his role as the company’s Chairman and CEO. Teneo Co-Founder and Chief Operating Officer Paul Keary has been appointed CEO, effective immediately.

The Board believes strongly in Teneo’s unique CEO advisory model, global reach and ability to deliver differentiated value to our clients. We are confident that under Paul, and the leadership team, Teneo will continue on its successful path of growth, delivering unique value to clients across its diverse business segments.

We want to thank Declan for his leadership and dedication over the past ten years in building Teneo into the world’s preeminent CEO advisory firm. Thanks to Declan’s leadership, and the efforts of its excellent management team, Teneo today serves the world’s leading companies with a deep bench of experienced advisors across a number of disciplines. With 1,250 employees in 33 offices around the world, he is leaving the company in a strong position for continued success.