The board of the consulting firm
PLC has appointed the North American Operations Manager as its new CEO.
Julie Sweet, 51, becomes CEO of Accenture and will join the company's board from September. 1. Since 2015, she has managed Accenture's North American business, which accounts for almost half of the company's revenue. She joined Accenture in 2010 and was General Counsel and Compliance Chief of the company.
In an interview, Ms. Sweet said the company will continue to develop the services it offers, including investigating emerging trends such as Blockchain. [1
Sweet has been a member of the company's global management committee for almost a decade. She also helped implement the company's acquisition strategy and many of the company's largest and most complex transactions, Accenture said.
"Julie is the right person to take Accenture into the future as she has strong business knowledge and proven ability to drive results in our largest market," said David Rowland, Accenture's 58-year interim CEO , who is appointed Executive Chairman.
Mr. Rowland, the company's former CFO, has led Accenture since the company's former CEO and chairman, Pierre Nanterme, left the company in January. Mr. Nanterme died on January 31, after being diagnosed with colorectal cancer in 2016.
Mr. Nanterme was CEO for eight years, and the company's third CEO since 2001. The deceased leader has spun the company into new consulting areas, including digital marketing, cyber security and data analytics. During his tenure, Accenture spent more than $ 6 billion on over 100 transactions.
In April, Accenture announced that it had bought the advertising agency Droga5, but without disclosing the terms of the transaction. Consultancy companies have built design and marketing activities in recent years. The company also announced in April that it would buy the German-based technology consulting firm Zielpuls.
Dr. med. Sweet said the search for diversified revenue growth will continue to be a priority for the company under her leadership.
Accenture reported revenue of $ 41.6 billion for the 2018 fiscal year, an increase of 13% over the prior year. Profit increased 18% to $ 4.06 billion. At the end of August 2018, the company employed around 459,000 people.
By Wednesday morning, Accenture shares rose 36% year-on-year and 16% over the last 12 months.
Write to Allison Prang at email@example.com
Copyright © 2019 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8