8-KLeadership ChangesExhibits & Filings

Accenture plc 8-K Report, Executive Changes (Apr 14, 2023)

Filed April 14, 2023For Securities:ACN

Summary

Accenture plc (ACN) has announced a significant addition to its Board of Directors with the appointment of Alan Jope, effective April 14, 2023. Mr. Jope brings extensive global leadership experience, currently serving as the Chief Executive Officer of Unilever. His appointment to the Board, slated to last until the 2024 annual general meeting, is expected to bolster the company's strategic direction and governance. Mr. Jope's tenure at Unilever, spanning several decades and including key leadership roles across North America and Asia, positions him as a valuable asset to Accenture. His expertise will be further leveraged through his service on the Board's Nominating, Governance & Sustainability Committee. Investors can anticipate that Mr. Jope's compensation will align with the company's standard director compensation practices, with options for cash or equity-based remuneration, including a restricted stock unit grant upon appointment.

Key Highlights

  • 1Alan Jope appointed as a new director to Accenture's Board, effective April 14, 2023.
  • 2Mr. Jope is the current Chief Executive Officer of Unilever, bringing significant global executive experience.
  • 3He will serve on the Board's Nominating, Governance & Sustainability Committee.
  • 4Mr. Jope's appointment is effective until the Company's 2024 annual general meeting of shareholders.
  • 5Standard director compensation will apply, with compensation and a restricted stock unit grant valued at $240,000.
  • 6Mr. Jope will enter into the company's standard indemnification agreement for directors.
  • 7A news release regarding his appointment is filed as an exhibit to this 8-K.

Frequently Asked Questions

Alan Jope is the current Chief Executive Officer of Unilever. He has been appointed as a new director to Accenture's Board of Directors to bring his extensive global leadership and executive experience to the company's governance and strategic direction.

Mr. Jope will receive the pro rata portion of the standard compensation for service on the Board ($110,000 per annum) and the Nominating, Governance & Sustainability Committee ($12,500 per annum). He will also receive a standard grant of fully vested restricted share units valued at $240,000 upon appointment. He may elect to receive his compensation in cash, equity, or a combination of both.

Mr. Jope has been appointed to serve on the Board's Nominating, Governance & Sustainability Committee.

Mr. Jope will serve as a director until the Company's 2024 annual general meeting of shareholders, at which point he will be subject to re-appointment by shareholder vote.