Accenture Promotes 1,030 New Managing Directors and Appoints 143 New Senior Managing Directors

Rhea-AI Summary

Accenture (NYSE: ACN) has announced the promotion of 1,030 individuals to managing director, with a record 383 women among them, reflecting 37% of total promotions. Additionally, 143 appointments to senior managing director include 35 women, making up 24% of these roles. The company reported an increase in female managing directors to 27%, working towards a goal of 30% by 2025. The firm also aims to enhance race and ethnicity representation at these levels in the US, UK, and South Africa. These changes are effective December 1.

Positive

• Promotion of 1,030 individuals to managing director, enhancing leadership diversity.
• Record number of women promoted: 383 women as managing directors, 35 as senior managing directors.
• Progress towards achieving 30% women managing directors globally by 2025.

Negative

• Increasing representation goals may not keep pace with industry demands.

Company reports progress against its 2025 goals to achieve 30% women managing directors globally and increases race and ethnicity representation of managing directors in the US, the UK and South Africa

NEW YORK--(BUSINESS WIRE)-- Accenture (NYSE: ACN) today announced the promotion of 1,030 people to managing director and the appointment by the Chair and CEO of 143 people to senior managing director, including a record number of women. The company also reported its progress on increasing gender representation globally as well as race and ethnicity representation in the US, the UK and South Africa at the managing director and senior managing director levels.

“We are honored to recognize these leaders for the tremendous difference they make in creating value for our clients, our people, our shareholders, our partners and our communities, and for being role models in living our leadership essentials each day,” said Julie Sweet, chair and CEO of Accenture. “I am pleased at how these promotions represent our commitment to creating vibrant career paths for all of our people”

A record 383 of all promotions to managing director are women, representing 37% of all promotions. Additionally, a record 35 of all senior managing director appointments are women, representing 24% of all appointments.

Overall, the number of women managing directors increased to 27% from 25% in 2020, demonstrating continued momentum towards the company’s goal of 30% women managing directors globally by 2025.

The company also reported progress towards its goals to increase the race and ethnicity representation of managing directors in the US, the UK and South Africa by 2025. Full details are here on the outcomes of these promotions and appointments, which are effective December 1.

“We celebrate these leaders for their extraordinary contributions during extraordinary times,” said Ellyn Shook, Chief Leadership and Human Resources Officer of Accenture. “Their commitment to our clients, to each other, and to our communities helps create shared success for all our stakeholders.”

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211201005413/en/

Sam Hyland

Accenture

+1 917 452 5184

samuel.hyland@accenture.com

Peter Soh

Accenture

+1 703 947 2571

peter.y.soh@accenture.com

Source: Accenture

FAQ

How many people were promoted to managing director at Accenture?

Accenture promoted 1,030 individuals to managing director.

What percentage of the new managing directors are women?

383 women were promoted to managing director, representing 37% of all promotions.

What is Accenture's goal for women managing directors by 2025?

Accenture aims to achieve 30% women managing directors globally by 2025.

When are the new promotions at Accenture effective?

The promotions and appointments are effective December 1.

What is Accenture doing to improve race and ethnicity representation?

Accenture is working towards increasing race and ethnicity representation among managing directors in the US, UK, and South Africa by 2025.