• bitcoinBitcoin(BTC)$77,574.000.06%
  • ethereumEthereum(ETH)$2,495.92-0.71%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$721.38-0.49%
  • rippleXRP(XRP)$1.412.13%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$101.340.33%
  • tronTRON(TRX)$0.337586-0.37%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.030.00%
  • zcashZcash(ZEC)$1,148.121.19%
  • HyperliquidHyperliquid(HYPE)$79.660.16%
  • dogecoinDogecoin(DOGE)$0.083217-1.17%
  • RainRain(RAIN)$0.014006-7.27%
  • USDSUSDS(USDS)$1.000.00%
  • moneroMonero(XMR)$511.39-1.55%
  • whitebitWhiteBIT Coin(WBT)$80.22-0.28%
  • chainlinkChainlink(LINK)$11.490.89%
  • leo-tokenLEO Token(LEO)$8.96-0.29%
  • cardanoCardano(ADA)$0.205250-0.91%
  • stellarStellar(XLM)$0.1928805.46%
  • Ethena USDeEthena USDe(USDE)$1.000.02%
  • daiDai(DAI)$1.00-0.01%
  • bitcoin-cashBitcoin Cash(BCH)$222.90-0.40%
  • USD1USD1(USD1)$1.000.00%
  • uniswapUniswap(UNI)$6.735.96%
  • litecoinLitecoin(LTC)$52.77-2.37%
  • CantonCanton(CC)$0.095730-0.48%
  • the-open-networkGram (prev. Toncoin)(GRAM)$1.34-0.37%
  • hedera-hashgraphHedera(HBAR)$0.0770180.83%
  • avalanche-2Avalanche(AVAX)$7.531.66%
  • Global DollarGlobal Dollar(USDG)$1.000.01%
  • nearNEAR Protocol(NEAR)$2.441.62%
  • shiba-inuShiba Inu(SHIB)$0.000005-0.37%
  • suiSui(SUI)$0.71-0.73%
  • paypal-usdPayPal USD(PYUSD)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.057393-0.64%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • tether-goldTether Gold(XAUT)$4,295.79-0.93%
  • BittensorBittensor(TAO)$233.03-0.43%
  • Circle USYCCircle USYC(USYC)$1.140.01%
  • MemeCoreMemeCore(M)$1.09-5.52%
  • Ripple USDRipple USD(RLUSD)$1.000.00%
  • okbOKB(OKB)$112.81-1.03%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.140.00%
  • aaveAave(AAVE)$127.871.61%
  • mantleMantle(MNT)$0.582.70%
  • BitwayBitway(BTW)$0.70-7.10%
  • AsterAster(ASTER)$0.69-0.81%
  • pax-goldPAX Gold(PAXG)$4,298.02-0.91%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.057109-1.60%
TradePoint.io
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop
No Result
View All Result
TradePoint.io
No Result
View All Result

Ex-Clinton adviser Declan Kelly consulting on Boeing CEO search

April 10, 2024
in Business
Reading Time: 4 mins read
A A
Ex-Clinton adviser Declan Kelly consulting on Boeing CEO search
ShareShareShareShareShare

Former Hillary Clinton adviser Declan Kelly has been quietly helping troubled manufacturer Boeing as the company faces a slew of safety concerns, The Post has learned.

YOU MAY ALSO LIKE

White House may impose ‘limited safeguards’ on AI to prevent apocalypse, mass extinction: source

Celebrity hotspot Sushiya closing in West Hollywood after 28 years

Kelly — who resigned from his consulting firm Teneo in 2021, after accusations of inappropriately touching six employees at a charity event — had been advising former Boeing CEO Dave Calhoun on his communications strategy for the last two years, sources told The Post. 

Now Kelly is working with the Boeing board of directors to find Calhoun’s replacement.

Sources said they are baffled by that decision.

“The many major issues Boeing experienced since 2020 on Calhoun’s watch forced him to resign effective at the end of 2024,” one Boeing insider told The Post. “That the person who helped him in that role would help find his successor is madness.”

“Boeing already has trust issues — people are afraid to get on Boeing planes,” said another source who has known and worked with Kelly for years. “It’s the worst thing they could do.”

Kelly’s former client, General Electric CEO Larry Culp, introduced him to Calhoun early in the latter’s tenure as CEO, a source with direct knowledge told The Post. The two began working on Calhoun’s communication strategy.   

Declan Kelly (center), who was known as the Clintons’ fixer, leveraged those ties to be able to charge enormous fees for his consulting services. REUTERS
As secretary of state, Hilary Clinton (second from left) appointed Kelly (far right) as an economic envoy to Northern Ireland, where he was born. They are pictured with Northern Ireland’s First Minister Peter Robinson (left) and Deputy First Minister Martin McGuinness (second from right). Alamy Stock Photo

Calhoun, who stepped down as CEO last month, did try to show transparency as CEO.

“We have a communications task with all of our customers,” Calhoun said earlier this year, in an effort to acknowledge Boeing’s missteps. “We’re going to approach this, No. 1, acknowledging our mistake. We’re going to approach it with 100% and complete transparency every step of the way.”

But that strategy wasn’t enough to salvage Calhoun’s rocky tenure — particularly after a door panel blew off a Boeing plane, forcing an emergency landing, on an Alaska Airlines flight from Portland, Ore., to Ontario, Calif., in January.

People close to Boeing say it is strange that Kelly would stick around after Calhoun was ousted. But they note the decision happened around the same time that Kelly’s longtime client Steve Mollenkopf — who had served on Boeing’s board since 2020 — was appointed as the board’s chair.

Mollenkopf, the former CEO of Qualcomm, is also a special adviser at Kelly’s new consulting firm, Consello.

Boeing, Consello, Kelly and representatives for Culp did not respond to requests for comment.

Among the scandals facing Boeing: an incident in which a door panel blew off a Boeing plane and forced an emergency landing of an Alaska Airlines flight. AP

Kelly is Irish and had moved to the US in 2001 after a career as a journalist and PR executive in his native country.

In 2007, Kelly joined Hillary Clinton’s presidential campaign as an adviser and became a trusted counselor to both the candidate and her husband, former President Bill Clinton.

After Hillary Clinton lost and became secretary of state under President Barack Obama, she appointed Kelly as economic envoy to Northern Ireland in 2009.

Former Qualcomm CEO Steve Mollenkopf has been on the Boeing board since 2020 and last month was appointed chair. He’s worked with Kelly for years and is an adviser at Kelly’s Consello firm. AFP/Getty Images

Around this time, he also created a new consulting firm that would later become Teneo — founded in 2011 with Doug Band, Bill Clinton’s former body man-turned-gatekeeper.

The consulting firm advised C-suite executives on strategy and communication, and Kelly and Band’s deep political ties helped them nab Bill Clinton and former British Prime Minister Tony Blair for its advisory board — which, in turn, helped bring in massive fees for consulting services and clients including General Motors, Coca-Cola and Dell.

The Post previously reported how Kelly was able to arrange meetings with the Clintons and even got one of his clients, Dow Chemical CEO Andrew Liveris, onstage with Obama 13 times in one year.

Keep up with today’s most important news

Stay up on the very latest with Evening Update.

Thanks for signing up!

Bill Clinton stepped down from the role in 2012 after facing scrutiny and the Clintons have since cut ties with Kelly.

After he was accused of sexual misconduct at a VIP fundraiser Global Citizen event in May 2021 and left Teneo, Kelly’s future as an adviser to blue-chip companies appeared to be in jeopardy.

The 56-year-old acknowledged the incident as an “inadvertent, public and embarrassing mistake” and added he “apologized to those directly affected, as well as [to] my colleagues and clients.”

Boeing CEO Dave Calhoun stepped down last month after facing a slew of safety issues during his four-year tenure. Kelly is said to have been advising Calhoun on communications strategy. Getty Images

Months later, he launched Consello and managed to sign Tom Brady and Serena Williams as partners.

Some say they aren’t shocked that Kelly managed to find his way into Boeing.

“I don’t think he knows about planes, but he knows about disasters,” one source who has known Kelly for years told The Post. “He’s a great salesman, though, so I can understand how he got the job.” 

Credit: Source link

ShareTweetSendSharePin

Related Posts

White House may impose ‘limited safeguards’ on AI to prevent apocalypse, mass extinction: source
Business

White House may impose ‘limited safeguards’ on AI to prevent apocalypse, mass extinction: source

September 14, 2026
Celebrity hotspot Sushiya closing in West Hollywood after 28 years
Business

Celebrity hotspot Sushiya closing in West Hollywood after 28 years

September 14, 2026
US 10-year Treasury yield briefly surges past 5% on sky-high diesel prices
Business

US 10-year Treasury yield briefly surges past 5% on sky-high diesel prices

September 14, 2026
Crypto billionaire paid .5M to marry glamorous actress — now he wants it back after romance fizzled
Business

Crypto billionaire paid $4.5M to marry glamorous actress — now he wants it back after romance fizzled

September 14, 2026
Next Post
50 Years of my Life’s Greatest Lessons: Achieving Success

50 Years of my Life's Greatest Lessons: Achieving Success

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result
Wall Street Lunch: Treasury Yields Hit Financial Crisis-Era Highs

Wall Street Lunch: Treasury Yields Hit Financial Crisis-Era Highs

September 10, 2026
GPT-6 Astra is a Monster… That Still Needs You!

GPT-6 Astra is a Monster… That Still Needs You!

September 8, 2026
How To Block Time-Wasting Apps On iPhone Using Screen Time

How To Block Time-Wasting Apps On iPhone Using Screen Time

September 14, 2026

About

Learn more

Our Services

Legal

Privacy Policy

Terms of Use

Bloggers

Learn more

Article Links

Contact

Advertise

Ask us anything

©2020- TradePoint.io - All rights reserved!

Tradepoint.io, being just a publishing and technology platform, is not a registered broker-dealer or investment adviser. So we do not provide investment advice. Rather, brokerage services are provided to clients of Tradepoint.io by independent SEC-registered broker-dealers and members of FINRA/SIPC. Every form of investing carries some risk and past performance is not a guarantee of future results. “Tradepoint.io“, “Instant Investing” and “My Trading Tools” are registered trademarks of Apperbuild, LLC.

This website is operated by Apperbuild, LLC. We have no link to any brokerage firm and we do not provide investment advice. Every information and resource we provide is solely for the education of our readers. © 2020 Apperbuild, LLC. All rights reserved.

No Result
View All Result
  • Main
  • AI & Technology
  • Stock Charts
  • Market & News
  • Business
  • Finance Tips
  • Trade Tube
  • Blog
  • Shop

© 2023 - TradePoint.io - All Rights Reserved!