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TMCNet:  ACCENTURE PLC FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

[May 12, 2014]

ACCENTURE PLC FILES (8-K) Disclosing Change in Directors or Principal Officers, Financial Statements and Exhibits

(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 9, 2014, the Board of Directors (the "Board") of Accenture plc (the "Company") appointed Paula A. Price and Frank K. Tang as new directors of the Company, upon the recommendation of its Nominating & Governance Committee. Ms.


Price and Mr. Tang will each serve until the Company's 2015 annual general meeting of shareholders, when they will be subject to re-appointment by a vote of the Company's shareholders.

Ms. Price was executive vice president and CFO of Ahold USA until January 2014.

At Ahold, which operates more than 700 supermarkets under the Stop & Shop, Giant and Martin's names as well as the Peapod online grocery delivery service, Ms.

Price was responsible for finance and accounting, strategic planning, real estate and information technology. Before joining Ahold in 2009, she was the controller and chief accounting officer at CVS Caremark. Earlier in her career, Ms. Price was CFO for the Institutional Trust Services division of JPMorgan Chase, and held several other senior management positions in the U.S. and the U.K. in the financial services and consumer products industries. A certified public accountant, she earned her MBA from the University of Chicago and her BS from DePaul University.

Mr. Tang is CEO and managing partner of FountainVest Partners, a private equity fund dedicated to investments in China. Before co-founding FountainVest in 2007, Mr. Tang was senior managing director and head of investments in China at Temasek Holdings, a Singapore investment company. Earlier in his career, he was a managing director at Goldman Sachs, where he worked for nearly 11 years. He began his investment banking career in the New York office of Goldman Sachs before moving to Hong Kong, where he headed the telecommunications, media and technology investment banking effort in Asia (excluding Japan). Mr. Tang earned his MBA from Columbia Business School and his Bachelor's degree from Donghua University.

Ms. Price has been appointed to serve on the Board's Audit Committee and Mr.

Tang has been appointed to serve on the Board's Finance Committee. Each of them will receive the pro rata portion of the standard compensation for service on the Board (currently $90,000 per annum) and the committee to which each of them has been appointed (currently $7,500 per annum for service on the Audit Committee and $5,000 per annum for service on the Finance Committee), based on the number of days remaining in the current director compensation year. Ms.

Price and Mr. Tang may each elect to receive their compensation in cash or equity. Both new directors will also receive the standard grant of restricted share units valued at $185,000 made by the Company to directors newly appointed to the Board.

Ms. Price and Mr. Tang have each entered into the standard director indemnification agreement that Accenture International Sàrl, an indirect subsidiary of the Company, has with the Company's directors. A copy of a substantially similar form of the indemnification agreement is filed as Exhibit 10.5 to the Company's Form 8-K12B filed on September 1, 2009.

A copy of the Company's news release issued on May 12, 2014 regarding the appointment of Ms. Price and Mr. Tang to the Board is filed as Exhibit 99 to this Form 8-K.

Item 9.01 Financial Statements and Exhibits (d) Exhibits 99 News Release of Accenture plc, dated May 12, 2014 --------------------------------------------------------------------------------

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