PRovoke Media 09 Dec 2020 // 1:59AM GMT
NEW YORK — Doug Band, who co-founded Teneo with Declan Kelly and Paul Keary in 2011, has announced his departure from the firm.
In a statement, Teneo said that Band leaves to "spend more time with his family and pursue other interests including his teaching career, some private investing and other projects."
Band co-founded Teneo after emerging as a key aide during Bill Clinton's post-presidential career, helping to launch the Clinton Global Initiative and serving as an influential presence in the former president's orbit.
The launch of Teneo came after Band stopped working with Clinton, a breakup which was recently detailed in a lengthy Vanity Fair article.
Teneo has grown rapidly over the past decade to over 800 employees in more than 20 locations, thanks to its focus on CEO advisory for such clients as Coca-Cola, UBS and Dow Chemical, and supported by a string of acquisitions across the globe.
Last year, Band and his partners sold a majority stake of Teneo to private equity firm CVC Capital in a deal that valued the firm at more than $700 million.