Accenture names insider Angie Park as new CFO


The logo of Accenture is displayed on a building, on the first day of the annual meeting in Davos, Switzerland, January 15, 2024. REUTERS/Denis Balibouse/File Photo

(Reuters) - Accenture said on Tuesday that Angie Park, currently leading its Business and Commercial Finance division, will take on the role of the company's CFO on Dec. 1, replacing KC McClure.

Park, who has been with Accenture for nearly 30 years now, had previously served as the IT services provider's CFO for Accenture Technology Services and Investor Relations division.

Accenture also announced other internal appointments, including its Chief Executive for Technology Karthik Narain, who will now take on the added role of chief technology officer from Sept. 1.

The company cut its fiscal-year 2024 revenue forecast in March as economic uncertainty prompts clients to curb spending on its consulting services, expecting revenue growth in the range of 1% to 3%, from its earlier growth forecast of 2% to 5%.

Accenture's new bookings, a key indicator of future revenue, fell 2% to $21.58 billion for the second quarter, while revenue for its Communications, Media & Technology segment fell 8% year-over-year.

(Reporting by Juby Babu in Mexico City; Editing by Alan Barona)

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Tech News

Smartphone on your kid’s Christmas list? How to know when they’re ready.
A woman's Waymo rolled up with a stunning surprise: A man hiding in the trunk
A safety report card ranks AI company efforts to protect humanity
Bitcoin hoarding company Strategy remains in Nasdaq 100
Opinion: Everyone complains about 'AI slop,' but no one can define it
Google faces $129 million French asset freeze after Russian ruling, documents show
Netflix’s $72 billion Warner Bros deal faces skepticism over YouTube rivalry claim
Pakistan to allow Binance to explore 'tokenisation' of up to $2 billion of assets
Analysis-Musk's Mars mission adds risk to red-hot SpaceX IPO
Analysis-Oracle-Broadcom one-two punch hits AI trade, but investor optimism persists

Others Also Read