Co-founder Chris Kelly to leave Convene

Kelly had stepped down as president earlier this year

Nov.November 22, 2019 05:13 PM
Chris Kelly

Chris Kelly

Convene’s co-founder is leaving.

Chris Kelly, who also serves as vice chairman, will resign from the flexible office provider by the end of the year, according to Commercial Observer. He will still advise the startup.

Convene has raised $260 million since its founding in 2009. Its backers include RXR Realty, the Durst Organization and Brookfield Asset Management.

Kelly announced the decision Friday at a company meeting. He said he had been thinking about stepping down for years. The move signals a “vote of confidence in the company and its leadership,” he said, according to the report.

The departure leaves open the role of vice chairman and president, a position Kelly vacated in February. Convene doesn’t plan to find a new vice chairman and has put aside hiring a new president, Kelly said.

Kelly, who co-founded New York-based Convene with CEO Ryan Simonetti, said he plans to take some time off before his next full-time role.

Besides New York — where it has locations that include 75 Rockefeller Plaza, 780 Third Avenue and One Liberty Plaza — the company has space in Los Angeles, Chicago, Boston, Philadelphia and Washington, D.C. In August, it inked its first international deal, taking on 100,000-square feet at 22 Bishopsgate in London. At the under-construction tower, Convene will offer 50,000 square feet for meetings and conferences and an additional 50,000 square feet for flexible office space. [CO] — Mary Diduch

Related Articles

Corporate Suites CEO Hayim Grant and 1001 Sixth Avenue (Credit: Facebook and Google Maps)

“I hope that everyone comes back”: Evicted co-working firm reopens Sixth Avenue space

1001 Avenue of the Americas (Credit: Google Maps, iStock)

City marshals evict co-working firm from Midtown tower

What’s next for the co-working business?

What’s next for the co-working business?

John Legere (Credit: Getty Images)

WeWork reportedly in talks to hire T-Mobile exec as CEO

Tore Steen, CEO of CrowdStreet (Credit: iStock)

CrowdStreet lands $12M in financing, hires execs

Results are in from Jersey City Airbnb referendum

Airbnb deflated as Jersey City voters tighten rental rules

Dan Suozzi

Breather hires former Regus exec to lead real estate division

Vornado chairman Steven Roth (Credit: Getty Images)

Vornado slashes Forever 21’s rent, dimming 2020 outlook