Accenture vs Burlington: Founders, CEOs and History
Accenture was founded in 1989 by Arthur Andersen Consulting Partners, George Shaheen and is led by Julie Sweet. Burlington was founded in 1972 by Monroe Milstein and is led by Michael O'Sullivan.
Company facts
Accenture
- Founded
- 1989
- Headquarters
- Dublin, Ireland
- Current CEO
- Julie Sweet
- Employees
- 799,000
Burlington
- Founded
- 1972
- Headquarters
- Burlington, New Jersey
- Current CEO
- Michael O'Sullivan
- Employees
- 83,309
Founders
Accenture
Arthur Andersen Consulting Partners
Accenture has no single founder. It began in the early 1950s as the business and technology consulting practice of Arthur Andersen, the accounting firm founded in 1913.
George Shaheen
George Shaheen led Andersen Consulting from 1989 until September 1999. By the time he left, the consulting unit had about 65,000 staff. In 1997 it began the ICC arbitration to separate from Arthur Andersen.
Burlington
Monroe Milstein
Monroe G. Milstein grew up in his family's wholesale outerwear business in New York.
CEOs and their tenures
Accenture
- George Shaheen1989–1999
Managing Partner and CEO, Andersen Consulting
Led Andersen Consulting from its 1989 formation as a separate unit of Andersen Worldwide until September 1999, a period in which the consulting unit grew to about 65,000 employees and began the 1997 ICC arbitration to leave Arthur Andersen.
Source - Joe Forehand1999–2004
CEO
Succeeded Shaheen in November 1999 as global managing partner and CEO. Led the firm through the August 2000 arbitration ruling, the January 1, 2001 rename to Accenture and the July 19, 2001 NYSE IPO at $14.50 per share.
Source - William D. Green2004–2011
CEO
CEO from Sept 1, 2004 to January 2011, after serving as chief operating officer for client services. Revenue was $23.09B in FY2010, his last full fiscal year as CEO.
Source - Pierre Nanterme2011–2019
CEO
CEO from January 2011 and also chairman from February 2013. Revenue grew from $27.35B in FY2011 to $41.60B in FY2018 as originally reported.
Source - David Rowland2019–2019
Interim CEO
Chief financial officer who served as interim CEO from Jan 10, 2019 after Nanterme stepped down, until Julie Sweet took over on Sept 1, 2019.
Source - Julie Sweet2019–present
Chair and CEO
CEO since Sept 1, 2019 and chair since Sept 1, 2021; previously CEO of Accenture North America and, before that, general counsel. Revenue rose from $44.33B in FY2020 to $69.67B in FY2025, and headcount reached about 799,000 by May 31, 2026.
Source
Burlington
- Monroe Milstein1972–2006
Founder and Chief Executive Officer
Milstein opened the first Burlington Coat Factory in Burlington, New Jersey, in 1972, broadened it from discount coats into year-round family apparel, shoes, baby and home goods, and took it public in 1983.
Source - Mark Nesci2006–2008
Chief Executive Officer
A 37-year Burlington veteran, Nesci became CEO in 2006 after Bain Capital took the company private for about $2.06 billion. He retired in December 2008, remaining an equity investor and senior adviser to the board.
Source - Tom Kingsbury2008–2019
President and Chief Executive Officer
A former Kohl's senior executive, Kingsbury was hired by Bain Capital in December 2008 to revamp buying, inventory management and the supply chain.
Source - Michael O'Sullivan2019–present
Chief Executive Officer
O'Sullivan joined from Ross Stores, where he spent 16 years and finished as president and COO, and became CEO around September 16, 2019.
Source
Timeline: Accenture and Burlington side by side
1953Accenture
Arthur Andersen GE feasibility study
Arthur Andersen's administrative services group, led by Joseph Glickauf, carries out a study for General Electric on computerizing payroll at Appliance Park in Louisville, Kentucky.
1972Burlington
Burlington Coat Factory opens
Monroe Milstein bought a coat outlet in a former factory building in Burlington, New Jersey, and sold brand-name coats at discount prices, the start of Burlington Coat Factory.
1983Burlington
First public offering
Burlington Coat Factory Warehouse Corporation went public for the first time, funding expansion from a regional discounter into a national chain with year-round apparel, shoes, baby and home departments.
1989Accenture
Andersen Consulting formed
Arthur Andersen and Andersen Consulting become separate units of Andersen Worldwide Societe Cooperative, with George Shaheen as managing partner and CEO of the consulting unit. The more profitable unit pays the other up to 15% of profits.
1989Burlington
Cohoes Specialty Stores acquired
Burlington bought the Cohoes Specialty Stores off-price chain from upstate New York, including a 50 percent stake in the Cohoes Commons building; a few stores still traded as Cohoes Fashions decades later.
1997Accenture
Arbitration with Arthur Andersen begins
Andersen Consulting files an arbitration claim with the International Chamber of Commerce, arguing that Arthur Andersen broke their agreement by building its own competing consulting practice.
2000Accenture
Arbitration ruling and Avanade
In April 2000 Andersen Consulting and Microsoft form Avanade, a joint venture now majority owned by Accenture.
2001Accenture
Rename to Accenture and NYSE IPO
Andersen Consulting becomes Accenture on Jan 1, 2001, a name based on "Accent on the future" suggested by an employee in Oslo. The Bermuda-incorporated company prices its IPO at $14.50 per share and starts trading on the NYSE on July 19, 2001.
2004Accenture
William D. Green becomes CEO
William D. Green succeeds Joe Forehand as CEO on Sept 1, 2004; Forehand remains chairman.
2006Burlington
Bain Capital takes Burlington private
Bain Capital acquired Burlington Coat Factory for about $2.06 billion, ending 34 years of Milstein family control. Long-time executive Mark Nesci became chief executive.
2008Burlington
Tom Kingsbury named CEO
Former Kohl's executive Thomas Kingsbury became president and CEO in December 2008, succeeding Mark Nesci, and began overhauling buying, inventory management and the supply chain.
2009Accenture
Reincorporation in Ireland
On May 26, 2009 the board approves moving the company's place of incorporation from Bermuda to Ireland, which remains its legal domicile.
2011Accenture
Pierre Nanterme becomes CEO
Pierre Nanterme becomes CEO in January 2011. The same year Accenture completes its purchase of insurance software company Duck Creek Technologies.
2013Accenture
Fjord acquisition
Accenture agrees in May 2013 to acquire Fjord, a service design consultancy, adding design capacity to Accenture Interactive.
2013Burlington
Return to the stock market
Burlington Stores priced its IPO on October 2, 2013, selling 13.3 million shares at $17 each for about $226 million, and listed under the ticker BURL.
2016Accenture
Duck Creek stake sold to Apax
Funds advised by Apax Partners buy a 60% stake in Duck Creek Technologies from Accenture, which keeps 40%.
2019Accenture
CEO transition and Droga5
Nanterme steps down for health reasons on Jan 11, 2019 and CFO David Rowland becomes interim CEO. Accenture Interactive completes the purchase of creative agency Droga5, and Julie Sweet becomes CEO on Sept 1, 2019.
2019Burlington
Michael O'Sullivan becomes CEO
Former Ross Stores president and COO Michael O'Sullivan succeeded Tom Kingsbury as CEO around September 16, 2019, and later launched the Burlington 2.0 plan of leaner inventories and smaller stores.
2020Burlington
Online sales end and stores close for the pandemic
On March 5, 2020, Burlington said it would shut its e-commerce business. Days later pandemic lockdowns closed its stores, and fiscal 2020 revenue fell to $5.76 billion with a $216.5 million net loss.
2022Accenture
Accenture Song
On April 26, 2022 Accenture Interactive begins going to market as Accenture Song. FY2022 revenue rises 22% to $61.59B.
2023Accenture
$3B Data & AI investment
In June 2023 Accenture announces a $3B investment over three years in its Data & AI practice and a plan to double AI talent to 80,000 people.
2023Burlington
Bed Bath & Beyond leases
Burlington won 44 Bed Bath & Beyond leases for $12 million at the June 2023 bankruptcy auction, the largest share of the 109 sold, and later reported 62 former Bed Bath & Beyond leases in total.
2024Accenture
Udacity acquisition
Accenture completes its purchase of online education company Udacity on May 20, 2024 to support its Accenture LearnVantage training business.
2025Accenture
FY2025 results and restructuring
FY2025 revenue reaches $69.67B with $80.62B in new bookings. In September 2025 Accenture outlines a six-month, $865M business optimization program, mainly severance, and moves to a single Reinvention Services unit.
2025Burlington
Joann leases
After Joann's second bankruptcy, Burlington agreed in April 2025 to take over 45 Joann store leases, many of which became part of its fiscal 2026 opening program.
2026Accenture
Faculty and Ookla deals
Accenture completes the acquisition of UK AI company Faculty on March 16, 2026 and agrees in March 2026 to buy Ziff Davis's connectivity division (Ookla, Speedtest, Downdetector) for $1.2B in cash. Q3 FY2026 revenue is $18.72B.
2026Burlington
Record fiscal 2025 results
Burlington reported fiscal 2025 total revenue of $11.57 billion and net income of $610.2 million, and ended the year on January 31, 2026, with 1,212 stores.
2026Burlington
Tariff refunds put into prices
In the second quarter of fiscal 2026, sales rose 11 percent to $2.998 billion. Burlington received $55 million in tariff refunds and said it would reinvest them in lower prices; the store count reached 1,287.
2026Burlington
Headquarters move to Philadelphia announced
On September 3, 2026, Burlington said it will invest $370 million to move its headquarters from Burlington Township, New Jersey, to Schuylkill Yards in Philadelphia, in phases from late 2028 or early 2029.
Acquisitions
Accenture
- Faculty2026Undisclosed
- Ookla (Ziff Davis Connectivity division)2026$1.2B
- Udacity2024Undisclosed
- umlaut2021Undisclosed
- Droga52019Undisclosed
- Fjord2013Undisclosed
Burlington
- Joann store leases2025Undisclosed
- Bed Bath & Beyond store leases2023$12M
- Burlington Coat Factory (taken private by Bain Capital)2006$2.1B
- Cohoes Specialty Stores (Cohoes Fashions)1989Undisclosed
Questions about Accenture vs Burlington
Who is the CEO of Accenture PLC and Burlington Stores, Inc.?
Accenture PLC is led by Julie Sweet and Burlington Stores, Inc. is led by Michael O'Sullivan. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Accenture PLC founded vs Burlington Stores, Inc.?
Burlington Stores, Inc. was founded in 1972 — 17 years before Accenture PLC, which was founded in 1989. Burlington Stores, Inc.'s longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Accenture PLC.
How many employees does Accenture PLC have compared to Burlington Stores, Inc.?
Accenture PLC employs approximately 799,000 people, while Burlington Stores, Inc. employs approximately 83,309. Accenture PLC has the larger workforce at 799,000 employees, compared to Burlington Stores, Inc.'s 83,309. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Accenture PLC and Burlington Stores, Inc. headquartered?
Accenture PLC is headquartered in Ireland and Burlington Stores, Inc. is headquartered in United States. Their different home markets mean they may face different regulatory frameworks, tax regimes, and currency exposure.
Who founded Accenture PLC and Burlington Stores, Inc.?
Accenture PLC was founded by Arthur Andersen Consulting Partners, George Shaheen. Burlington Stores, Inc. was founded by Monroe Milstein.
Which company has a longer operating history — Accenture PLC or Burlington Stores, Inc.?
Burlington Stores, Inc. has been operating for approximately 54 years, making it the more established of the two companies. Accenture PLC has been in operation for around 37 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Accenture vs Burlington overview