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Accenture picks Julie Sweet as CEO



Board of the consulting firm

Accenture


ACN 1.54%

PLC has appointed the head of the company's business in North America as the new CEO.

Julie Sweet, 51, will become CEO of Accenture and become a member of the company's board on September 9. 1. Since 2015, she has led Accenture's North American business, a division that accounts for almost half of the company's revenue. She started at Accenture in 2010 and has also served as the company's general advisor and compliance chief.

In an interview, Ms Sweet said that the firm will continue to develop the services it offers customers, including examining thriving trends such as blockchain. 1

9659005] "Our focus will remain on being a transformation partner" of companies, says Sweet.

Accenture's Interim CEO, 58-year-old David Rowland, becomes Chairman of the Board.

Herr. Rowland, who used to be the company's CFO, has been running Accenture since its former CEO and CEO, Pierre Nanterme, left in January. Mr. Nanterme died January 31, having been diagnosed with colon cancer in 2016.

Mr. Nanterme was CEO for eight years and was the company's third CEO since 2001. Later, the company moved to new areas for consulting, including digital marketing, cyber security and data analysis. During his earning, Accenture spent more than $ 6 billion on over 100 deals.

In April, Accenture said it was buying advertising agency Droga5, but did not disclose the terms of the agreement. Consultancy firms have built design and marketing activities in recent years. The company also said in April that it would buy German-based technology consulting firm Zielpuls.

Ms. Sweet said that the demand for diversified revenue growth will remain a priority for the company under her direction.

Accenture reported $ 41.6 billion in revenue for 2018 fiscal year, up 13% from the previous year. It also reported $ 4.06 billion in profits, up 18%. The company employed about 459,000 people at the end of August last year.

Shares of Accenture are up 38% so far and 17% over the past 12 months.

Write to Allison Prang at allison.prang@wsj.com

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