Gianfranco Casati to Become Chairman — Growth
Markets
Rodolfo Eschenbach Succeeds Framil as Market
Unit Lead for Latin America
Accenture (NYSE: ACN) today announced Leo Framil as chief
executive officer — Growth Markets, effective September 1, 2022,
succeeding Gianfranco Casati, who will become chairman — Growth
Markets. In his new role, Framil will have management
responsibility for all industries and services across Accenture’s
business in Asia Pacific, Africa, the Middle East and Latin
America.
Framil previously served as market unit lead for Latin America
and has more than 30 years of consulting experience, working with
major financial institutions in Latin America in banking, insurance
and capital markets. Under Framil’s leadership since 2016,
Accenture made eight regional acquisitions in Latin America and
increased the number of people in the region by 75%. Framil has
served as a member of the board for the American Chamber of
Commerce for Brazil, United Way Brazil, Instituto Ayrton Senna and
Gerando Falcões, among others. Throughout his career, Framil has
demonstrated a strong commitment to Accenture people and championed
diversity, inclusion and equality. He is a member of the company’s
Global Management Committee.
“Everyone who works with Leo knows how passionately he cares
about our business, our people and our communities,” said Julie
Sweet, chair and CEO, Accenture. “He leads the way with his
commitment to clients and his dedication to helping address social
issues, always looking ahead to see what more he can do to create
360° Value for all our stakeholders.”
Gianfranco Casati, who has led Accenture’s Growth Markets since
2014, is stepping down as chief executive officer and member of the
Global Management Committee as of September 1. He will become
chairman – Growth Markets, continuing to serve clients and working
closely with account teams. During his tenure, the size of the
Growth Markets business doubled. Throughout his outstanding career
at Accenture, Casati has served in a range of market, industry and
client leadership roles, demonstrated an unwavering commitment to
inclusion and diversity, and has been an extraordinary developer of
leaders. Accenture recently was named a ‘2022 Great Place to Work’
in Argentina, Brazil, Greater China, India, Japan, Mexico and the
Philippines. Casati also supported B20 Indonesia in the role of
co-chair for the Energy, Sustainability and Climate Task Force.
“Gianfranco has been a force in our business for nearly four
decades and a role model for how to care for our people and
clients,” said Sweet. “With his deep understanding of our business
and connections across every area of our company, he led the
design, creation and implementation of our growth model — making an
enduring contribution and lasting imprint on Accenture.”
Rodolfo Eschenbach has been named as market unit lead for Latin
America, succeeding Framil in the role, and will join the Global
Management Committee. Eschenbach has served as Strategy &
Consulting lead for Latin America since March 2020 and brings deep
industry and functional skills, strong client relationships, and a
track record of digital transformation to his new role. Previously,
he helped establish Accenture as an early digital leader, which
included making key acquisitions and hiring senior talent, and led
Accenture’s Resources business in the region. Eschenbach personally
demonstrates his strong commitment to inclusion, diversity and
equity, to developing Accenture people, and to serving local
communities.
Forward-Looking Statements
Except for the historical information and discussions contained
herein, statements in this news release may constitute
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. Words such as “may,”
“will,” “should,” “likely,” “anticipates,” “expects,” “intends,”
“plans,” “projects,” “believes,” “estimates,” “positioned,”
“outlook” and similar expressions are used to identify these
forward-looking statements. These statements involve a number of
risks, uncertainties and other factors that could cause actual
results to differ materially from those expressed or implied. These
risks include, without limitation, risks that: Accenture’s results
of operations have been, and may in the future be, adversely
affected by volatile, negative or uncertain economic and political
conditions, including the invasion of Ukraine by Russia, the
related sanctions and other measures that have been and continue to
be imposed in response to this conflict, as well as the current
inflationary environment, and the effects of these conditions on
the company’s clients’ businesses and levels of business activity;
Accenture faces legal, reputational and financial risks from any
failure to protect client and/or company data from security
incidents or cyberattacks; Accenture’s business depends on
generating and maintaining ongoing, profitable client demand for
the company’s services and solutions including through the
adaptation and expansion of its services and solutions in response
to ongoing changes in technology and offerings, and a significant
reduction in such demand or an inability to respond to the evolving
technological environment could materially affect the company’s
results of operations; if Accenture is unable to match people and
skills with client demand around the world and attract and retain
professionals with strong leadership skills, the company’s
business, the utilization rate of the company’s professionals and
the company’s results of operations may be materially adversely
affected; the COVID-19 pandemic has impacted Accenture’s business
and operations, and the extent to which it will continue to do so
and its impact on the company’s future financial results are
uncertain; the markets in which Accenture operates are highly
competitive, and Accenture might not be able to compete
effectively; Accenture’s ability to attract and retain business and
employees may depend on its reputation in the marketplace; if
Accenture does not successfully manage and develop its
relationships with key alliance partners or fails to anticipate and
establish new alliances in new technologies, the company’s results
of operations could be adversely affected; Accenture’s
profitability could materially suffer if the company is unable to
obtain favorable pricing for its services and solutions, if the
company is unable to remain competitive, if its cost-management
strategies are unsuccessful or if it experiences delivery
inefficiencies or fail to satisfy certain agreed-upon targets or
specific service levels; changes in Accenture’s level of taxes, as
well as audits, investigations and tax proceedings, or changes in
tax laws or in their interpretation or enforcement, could have a
material adverse effect on the company’s effective tax rate,
results of operations, cash flows and financial condition;
Accenture’s results of operations could be materially adversely
affected by fluctuations in foreign currency exchange rates;
changes to accounting standards or in the estimates and assumptions
Accenture makes in connection with the preparation of its
consolidated financial statements could adversely affect its
financial results; Accenture might be unable to access additional
capital on favorable terms or at all and if the company raises
equity capital, it may dilute its shareholders’ ownership interest
in the company; as a result of Accenture’s geographically diverse
operations and its growth strategy to continue to expand in its key
markets around the world, the company is more susceptible to
certain risks; if Accenture is unable to manage the organizational
challenges associated with its size, the company might be unable to
achieve its business objectives; Accenture might not be successful
at acquiring, investing in or integrating businesses, entering into
joint ventures or divesting businesses; Accenture’s business could
be materially adversely affected if the company incurs legal
liability; Accenture’s global operations expose the company to
numerous and sometimes conflicting legal and regulatory
requirements; Accenture’s work with government clients exposes the
company to additional risks inherent in the government contracting
environment; if Accenture is unable to protect or enforce its
intellectual property rights or if Accenture’s services or
solutions infringe upon the intellectual property rights of others
or the company loses its ability to utilize the intellectual
property of others, its business could be adversely affected;
Accenture’s results of operations and share price could be
adversely affected if it is unable to maintain effective internal
controls; Accenture may be subject to criticism and negative
publicity related to its incorporation in Ireland; as well as the
risks, uncertainties and other factors discussed under the “Risk
Factors” heading in Accenture plc’s most recent Annual Report on
Form 10-K and other documents filed with or furnished to the
Securities and Exchange Commission. Statements in this news release
speak only as of the date they were made, and Accenture undertakes
no duty to update any forward-looking statements made in this news
release or to conform such statements to actual results or changes
in Accenture’s expectations.
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, Technology and Operations
services and Accenture Song — all powered by the world’s largest
network of Advanced Technology and Intelligent Operations centers.
Our 710,000 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 accenture.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20220714005307/en/
Stacey Jones Accenture +1 917 452 6561
stacey.jones@accenture.com
Peter Y. Soh Accenture +1 703 947 2571
peter.y.soh@accenture.com
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