Accenture has promoted its senior executive Julie Sweet to chief executive officer (CEO), bringing an end to months of speculations over who will become the IT consultancy’s next boss.
Sweet replaces interim chief executive officer David Rowland, who will chair the board of directors, acting as an advisor to Sweet and involved in Accenture’s long-term business strategy.
Both the appointments will be effective from September 1 2019, Accenture stated in a press release.
As a member of Accenture’s senior leadership team for nearly a decade, Sweet played an important role of preparing the company’s investment strategies. “Sweet executed the company’s “M&A strategy and many of its largest and most complex commercial transactions,” says the consultancy.
Fifty-one-year-old Sweet is currently heading the company’s North American business, which represents almost 50% of Accenture’s global revenues.
“Julie has the leadership track record and breadth of business experience we believe are critical to lead Accenture, including the ability to forge major client relationships, a strong focus on leading with innovation, commitment to our people and core values, and a focus on delivering value to shareholders,” said Marge Magner, an independent director on the company’s board of management.
A member of the Business Roundtable, a group of chief executive officers of major US corporations formed to promote pro-business public policy, Sweet is reportedly working with the US government to create a national professional apprenticeship movement aimed at solving the IT skills gap in the country.