IMAGE CREDITS: REBECCA D’ANGELO/FOR THE WASHINGTON POST.
Podesta announced his decision during a firm-wide meeting Monday morning and is alerting clients of his impending departure.
Podesta is handing over full operational and financial control to longtime firm CEO Kimberley Fritts, according to multiple sources with knowledge of the meeting. Fritts and a senior group of the Podesta team will be launching a new firm in the next one or two days. Sources said the transition has been in the works for the past several months.
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