Accenture’s board of directors has announced new executive appointments. Julie Sweet has been appointed Chief Executive Officer while David Rowland who is currently interim chief executive officer, has been appointed Executive Chairman and Marge Magner, currently, non-executive chair of the board will resume her role as a lead independent director. All these changes are effective Sept. 1, 2019, stated Accenture.
Sweet is currently chief executive officer of Accenture’s business in North America. Previously, Sweet was the company’s general counsel, secretary, and chief compliance officer. As a member of Accenture’s senior leadership team for nearly a decade, she has played an integral role in the company’s business and investment strategy. Prior to joining Accenture, Sweet was a partner for 10 years in the law firm of Cravath, Swaine & Moore LLP. Upon assuming the role of chief executive officer, Sweet will join the company’s board of directors.
On Julie’s appointment, Rowland added, “We are on a positive growth trajectory at Accenture and are very well-positioned to continue building on our strong momentum. I am so pleased and proud that Julie will lead our company, and I am excited to work with her — along with our entire senior leadership team — to ensure a seamless transition and on Accenture’s next phase of growth and market leadership.”
Rowland will continue to play a key role and be actively involved in Accenture’s business as executive chair. He will chair the board of directors, act as an advisor to Sweet and be involved in Accenture’s long-term business strategy. He will also continue to represent Accenture with clients around the world and with key external groups.
The company confirmed that there is no change to the business outlook for the fourth quarter and full fiscal year 2019 that the company provided as part of its third-quarter fiscal 2019 earnings announcement on June 27, 2019.
Conference Call and Webcast Details
Accenture will host a conference call with David Rowland and Julie Sweet at 8:00 a.m. EDT on Friday, July 12. The conference call will also be accessible live on the Investor Relations section of the company’s Web site.
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