Forehand to step down at Accenture
Famed Accenture chief executive Joe Forehand is to give up the CEO's post, but remain in the post of chairman at the consulting firm.
It was Forehand who saw the firm through what was probably the most successful rebranding in global corporate history going from Andersen Consulting to Accenture.
News of his departure from the hot seat came on the same day announced that its second quarter revenues were up 17% year on year to $3.3bn (£1.8bn).
Sir Mark Moody-Stuart, lead director of the Accenture board, said: ‘Joe’s keen insight, exceptional knowledge of the business and strong sense of collaboration have been enormously helpful to the board during these early years of Accenture’s life as a public company.’