Julie Sweet, a former Cravath, Swaine & Moore partner turned in-house lawyer, has been named the new chief executive officer of global consulting and outsourcing company Accenture.
Sweet spent over 17 years at Cravath as a dealmaker and was the firm’s ninth-ever female partner.
She joined Accenture in 2010 as general counsel and chief compliance officer before becoming its chief executive for North America five years later. She led its business operations in the United States and Canada, which comprise the company’s largest market.
Accenture has around 480,000 employees working in 120 countries.
Sweet replaces Pierre Nanterme, who stepped down as Accenture CEO on January 11, citing his poor health. Nanterme died on Jan. 31. David Rowland, who has served as interim CEO since Nanterme’s departure, will become executive chairman of Accenture.
“Accenture has the most talented people and group of leaders in our industry,” Sweet said in a statement. “Together, we will capture the next waves of growth for Accenture by remaining laser-focused on serving our clients, creating significant value for our shareholders and providing the best career experiences for our people.”
Sweet first joined Cravath as an associate in 1992.
As a corporate partner at the storied Wall Street firm, Sweet represented underwriters, private equity funds and corporate clients on mergers and acquisitions, public and private financings and other matters. She also briefly co-led its Hong Kong office before it shuttered in 2003.