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Accenture Chairman & CEO Pierre Nanterme Steps Down; Names Rowland Interim CEO

Accenture (ACN) said that effective immediately, Chairman and chief executive officer Pierre Nanterme has stepped down for health reasons.

The company appointed David Rowland, who has been Accenture's chief financial officer, to become interim chief executive officer, and to the board as a director of Accenture; and named lead independent director Marge Magner as the company's non-executive chair of the board.

The company also appointed KC McClure, who currently leads Accenture's finance operations, as chief financial officer. Nanterme will continue at Accenture as advisor to the chief executive office.

Rowland has served as Accenture's chief financial officer since July 2013. Throughout his 35-year career with the company, he has held significant leadership roles and played a lead role shaping Accenture's growth strategy. Rowland is a longstanding member of Accenture's Global Management Committee and has served on the board and as Audit Committee chair for Avanade, a joint venture of Accenture and Microsoft. Prior to being named CFO, Rowland served for more than six years as Accenture's senior vice president of Finance and chaired Accenture's Operations Council.

McClure brings to her new role as chief financial officer 30 years of experience with the company. Most recently, she led finance operations across the entirety of Accenture's business. McClure has also led investor relations and was finance director for two of Accenture's operating groups. In her new role, McClure will join Accenture's Global Management Committee.

Accenture confirmed that there is no change to the business outlook for the second quarter and full fiscal year 2019 that the company provided as part of its first quarter fiscal 2019 earnings announcement on December 20, 2018.

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