Accenture’s New CEO Takes On Digital Disruption, and Diversity: CEO Daily

Good morning.

Accenture yesterday named Julie Sweet as the new CEO of the global consulting giant—replacing Pierre Nanterme, who died in January.

Sweet is near the epicenter of the two trends that CEO Daily follows most closely: the digital transformation of business, and the changing nature of corporate leadership.

On the first, as head of Accenture’s U.S. business, Sweet has been part of a decade-long effort to remake Accenture into the leading adviser for companies seeking to harness the power of today’s technologies to revamp their businesses. That description, of course, now applies to almost every big company. And Accenture now serves 92 of the Fortune 100, and more than two-thirds of the Fortune 500. In the last five years, its market cap has soared from $50 billion to $130 billion.

On the second, Sweet has been one of the leaders of efforts, including The Fortune CEO Initiative, to maximize the positive impact of business on society. “We think of ourselves as having an obligation to lead in the communities where we work and live,” Sweet told me earlier this week. In particular, she has been active in efforts to create new training, apprenticeship, and skills programs for workers in danger of being left behind by technological change. She also has been a champion for diversity.

You can read more about Sweet here. And speaking of technological change, I’m heading to Aspen this weekend for Fortune Brainstorm Tech, which starts Monday. Among the CEOs attending: Doug McMillon of Walmart, Margo Georgiadis of Ancestry, Jeffrey Katzenberg of WndrCo, Ynon Kreiz of Mattel, Meg Whitman of Quibi, Katrina Lake of Stitch Fix, Bob Swan of Intel, Sara Menker of Gro Intelligence, Stewart Butterfield of Slack, Beth Ford of Land O’Lakes, and Steve Mollenkopf of Qualcomm. I’ll be interviewing Jennifer Tejada of PagerDuty and Sasan Goodarzi of Intuit, and reporting on the conference here.

News below.

Alan Murray