Accenture has recently announced significant changes in its leadership team. Angie Park, who currently leads Accenture’s Business and Commercial Finance division, is set to become the company’s new Chief Financial Officer (CFO) starting December 1. She will succeed KC McClure. With nearly three decades at Accenture, Park brings extensive experience, having previously served as CFO for Accenture Technology Services and Investor Relations.
Alongside Park’s promotion, Karthik Narain, currently Chief Executive for Technology, will assume the role of Chief Technology Officer (CTO) effective September 1. These appointments signify Accenture’s strategic response to the current economic landscape, which has led to adjustments in client spending on consulting services.
Earlier this year, Accenture revised its fiscal-year 2024 revenue forecast amid economic uncertainties. The company now anticipates revenue growth in the range of 1% to 3%, down from its earlier projection of 2% to 5%. These adjustments reflect the challenges posed by fluctuating market conditions and underscore Accenture’s proactive measures in managing these dynamics.
These leadership transitions underscore Accenture’s commitment to leveraging its executive talent pool to navigate changing market conditions effectively. By strengthening its leadership team with seasoned professionals like Park and Narain, Accenture aims to sustain its growth trajectory and enhance its capability to drive innovation and client value in the consulting and technology sectors.
