Accenture Chairman, CEO Nanterme Steps Down for Health Reasons -- Update
January 11 2019 - 8:55AM
Dow Jones News
By Colin Kellaher
Accenture PLC (ACN) on Friday said long-time chief Pierre
Nanterme has stepped down as chairman and CEO for health
reasons.
The Dublin professional-services company said David Rowland, its
chief financial officer, will serve as interim CEO, while lead
independent director Marge Magner will assume the post of
non-executive chairman.
Ms. Magner has been a board member since 2006 and lead director
since 2014.
Accenture said Mr. Nanterme, who was diagnosed with colon cancer
in 2016, will continue as an adviser to the CEO. Mr. Nanterme, who
joined Accenture in 1983, has been CEO since January 2011 and
chairman since February 2013.
Accenture said KC McClure, who has been managing director of
finance operations since June, will succeed Mr. Rowland as chief
financial officer.
Mr. Rowland, 57 years old, has been served as chief financial
officer since July 2013. Ms. McClure, 53, has been with Accenture
for 30 years.
Accenture said Mr. Rowland, who has been with the company for 35
years, will join the board.
The company also affirmed the guidance it provided last month
for the second quarter and full fiscal year 2019.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
January 11, 2019 08:40 ET (13:40 GMT)
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