Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Accenture Names Pierre Nanterme CEO, Replacing Green

Oct. 20 (Bloomberg) -- 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.

The company’s full-year forecast is unchanged, according to the statement. Last month, Accenture said per-share earnings for the fiscal year ending in August will be at least $3, topping analysts’ estimates, as companies spend more on projects such as consolidating technology systems.

((Accenture will hold a conference call to discuss the announcement at 8 a.m. New York time tomorrow. To listen, go to http://investor.accenture.com/.)

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

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.