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Accenture Names Pierre Nanterme CEO, Replacing Green

Accenture Plc, the world’s second- largest technology-consulting firm, named company veteran Pierre Nanterme chief executive officer, replacing Bill Green at the start of next year.

Green, 57, will remain chairman, the Dublin-based company said today in a statement. Nanterme, who has been at Accenture for 27 years, will join the company’s board immediately.

Nanterme, 51, will compete with International Business Machines Corp. for consulting projects as companies increase technology spending after the economic slump. He has run Accenture’s financial-services business, which makes up more than 20 percent of revenue, since 2007. Prior to that, he ran Accenture units in Africa, Latin America and Europe.

Green started as CEO in September 2004 and became chairman two years later. He’s served on Accenture’s board since 2001.

Accenture rose 11 cents to $45.56 at 4:01 p.m. on the New York Stock Exchange, and was little changed in extended trading. The shares have climbed 9.8 percent this year.

To contact the reporter on this story: Katie Hoffmann in New York at khoffmann4@bloomberg.net

To contact the editor responsible for this story: Peter Elstrom at pelstrom@bloomberg.net

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