Banking Turmoil

Tennis Star Serena Williams, Former Citi M&A Co-Chief Mark Shafir to Join Consello

Pair to be senior officials at the advisory firm started by former Teneo CEO Declan Kelly

Tennis icon Serena Williams is retiring from the sport after the U.S. Open to focus on her family and a flurry of business ventures. WSJ breaks down the assets that make up Williams’ wealth, which is estimated at $260 million. Photo: Grace Schultz/Zuma Press

Tennis champion Serena Williams is set to join financial-services advisory and strategic-investing firm Consello Group with former Citigroup M&A co-chief Mark Shafir, according to people familiar with the matter.

Consello was started by Declan Kelly, who had been chief executive of advisory firm Teneo until 2021. More recently he has been aggressively building the new firm, bringing in National Football League star Tom Brady and other business heavyweights as partners.

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