Axios Pro Rata: Teneo, advise thyself
Plus, Didi IPO both beats and misses expectations. | Wednesday, June 30, 2021 Open in app View in browser Presented By Fidelity Axios Pro Rata By Dan Primack · Jun 30, 2021 Top of the Morning Photo illustration: Shoshana Gordon/Axios. Photo: Noam Galai/Getty Images for Global Citizen Declan Kelly is out as CEO of corporate advisory firm Teneo, more than a month after being accused of drunkenly groping women at a charity event. Why it matters: Kelly, a former Clinton aide and noted philanthropist, has turned Teneo into one of the most influential corporate PR players, with its clients often appearing in this space. It's also been on an acquisition spree since being acquired by CVC Capital Partners, whose lead partner on the deal is also chair of the nonprofit whose event Kelly desecrated. Plu...