Accenture Boss Steps Down


Pierre Nanterme, the chairman and chief executive of Accenture, has stepped down from his position. He cited health reasons for his resignation. His announcement comes approximately two years after he had undergone surgery for colon cancer.

Nanterme has held the top job since 2011 and also served as the chairman. He disclosed the surgery in July 2016. The firm said that the reasons for his resignation were related to the said announcement.

David Rowland, the chief financial officer of the company, will serve as the interim chief executive officer while Marge Magner, an independent director, has been appointed as the non-executive chair of the board of the company. KC McClure, the Finance operations boss, will take on the role as the company’s chief financial officer.

Nanterme has worked for the professional services and management consultancy company for 36 years. He will continue as an advisor to his replacement.

Nanterme stated: “It has been my honour and privilege to serve Accenture’s people and our clients for my entire 36-year career, and I’ve never been more confident in our business strategy, leadership team and people.”

He continued: “I know that David’s significant involvement in developing and delivering our growth strategy to rotate our business to new, high-growth areas of digital, cloud and security — and his tenure as a highly respected senior leader and developer of talent — will make this transition seamless.”

He added: “This is the right decision for my family and me, so I can focus on my health.”

Rowland, on the other hand, joined the firm 35 years ago and took on the role as its finance chief in 2013. He stated: “I look forward to working closely with our talented, best-in-class leadership team, including KC as our new CFO, to continue building on the strong momentum in our business and strengthening our market leadership.”

He continued: “469,000 Accenture people around the world, I want to thank Pierre for his inspirational leadership and stewardship of our company. He has clearly left Accenture better positioned for generations to come.”