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Consulting firm Teneo Holdings LLC has named company veteran Ursula Burns as chairman, a move aimed at stabilizing the company following the resignation of longtime leader Declan Kelly last week.
Ms Burns, former CEO of Xerox Corp., said she will focus on strengthening Teneo’s culture while continuing to advise the company’s list of corporate clients. She has worked as a paid senior advisor at Teneo since 2017 and was previously a client of the company.
By assuming the role of president, Ms. Burns, 62, showed her confidence in the company after weeks of uproar. “My reputation is pretty well known,” she said. “I put my name on things I believe in. “
Ms Burns added: “I understand what lies ahead and I have no doubts that we are ready for the future.
His appointment comes a week after Mr Kelly stepped down as CEO and chairman and apologized after behaving inappropriately with people at a celebrity-filled event hosted by the charity Global Citizen in early May. Mr Kelly got drunk and touched women without their consent, the Financial Times reported, citing people who attended the event.
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