Accenture vs Morgan Stanley: Founders, CEOs and History
Accenture was founded in 1989 by Arthur Andersen Consulting Partners, George Shaheen and is led by Julie Sweet. Morgan Stanley was founded in 1935 by Henry S. Morgan, Harold Stanley and is led by Ted Pick.
Company facts
Accenture
- Founded
- 1989
- Headquarters
- Dublin, Ireland
- Current CEO
- Julie Sweet
- Employees
- 799,000
Morgan Stanley
- Founded
- 1935
- Headquarters
- New York, New York, United States
- Current CEO
- Ted Pick
- Employees
- 83,000
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.
Morgan Stanley
Henry S. Morgan
Henry S. Morgan co-founded Morgan Stanley in 1935 after the Glass-Steagall Act required J.P. Morgan & Co. to separate its securities business from commercial banking.
Harold Stanley
Harold Stanley (1885-1963) co-founded Morgan Stanley in 1935 alongside Henry S. Morgan. Following the passage of the Glass-Steagall Act, which forced banks to separate commercial and investment banking, Stanley left J.P. Morgan & Co.
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
Morgan Stanley
- James Gorman2010–2023
Former Chairman and Chief Executive Officer
Gorman's tenure moved Morgan Stanley toward recurring fee revenue. He became executive chairman after stepping down as CEO and left the board at the end of 2024.
Source - Ted Pick2024–present
Chairman and Chief Executive Officer
Under Pick, Morgan Stanley reported record 2025 net revenues of $70.6B and record Q2 2026 results.
Source
Timeline: Accenture and Morgan Stanley side by side
1935Morgan Stanley
Morgan Stanley Founded
Henry S. Morgan and Harold Stanley officially launch the top investment bank following the historic Glass-Steagall split.
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.
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.
1996Morgan Stanley
Acquired Van Kampen American Capital
Morgan Stanley acquired Van Kampen American Capital in 1996.
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.
1997Morgan Stanley
Merged with Dean Witter Discover & Co
Morgan Stanley merged with Dean Witter Discover & Co in February 1997.
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.
2008Morgan Stanley
Bank Holding Company Conversion
Facing total catastrophic collapse, the firm converts into a traditional bank holding company to survive the global financial crisis.
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.
2009Morgan Stanley
The Smith Barney Acquisition
then-CEO James Gorman masterminds the acquisition of Smith Barney, instantly creating a dominant retail wealth management leader.
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.
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%.
2018Morgan Stanley
Acquired Mesa West
Morgan Stanley acquired Mesa West in March 2018.
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.
2020Morgan Stanley
E*TRADE Acquisition
Morgan Stanley dominates the self-directed brokerage market by acquiring E*TRADE for $13 billion.
2021Morgan Stanley
Acquired Eaton Vance
Morgan Stanley acquired Eaton Vance for $7 billion. Morgan Stanley acquired Eaton Vance for about $7B, completed in March 2021, adding Parametric, Calvert, and Atlanta Capital.
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.
2024Accenture
Udacity acquisition
Accenture completes its purchase of online education company Udacity on May 20, 2024 to support its Accenture LearnVantage training business.
2024Morgan Stanley
Ted Pick Appointed CEO
Following a competitive internal succession, Ted Pick takes the helm to heavily drive the integration strategy.
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.
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.
Acquisitions
Accenture
- Faculty2026Undisclosed
- Ookla (Ziff Davis Connectivity division)2026$1.2B
- Udacity2024Undisclosed
- umlaut2021Undisclosed
- Droga52019Undisclosed
- Fjord2013Undisclosed
Morgan Stanley
- Eaton Vance2021$7B
- E*TRADE2020$13B
- Smith Barney2009Undisclosed
Questions about Accenture vs Morgan Stanley
Who is the CEO of Accenture PLC and Morgan Stanley?
Accenture PLC is led by Julie Sweet and Morgan Stanley is led by Ted Pick. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Accenture PLC founded vs Morgan Stanley?
Morgan Stanley was founded in 1935 — 54 years before Accenture PLC, which was founded in 1989. Morgan Stanley'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 Morgan Stanley?
Accenture PLC employs approximately 799,000 people, while Morgan Stanley employs approximately 83,000. Accenture PLC has the larger workforce at 799,000 employees, compared to Morgan Stanley's 83,000. 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 Morgan Stanley headquartered?
Accenture PLC is headquartered in Ireland and Morgan Stanley 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 Morgan Stanley?
Accenture PLC was founded by Arthur Andersen Consulting Partners, George Shaheen. Morgan Stanley was founded by Henry S. Morgan, Harold Stanley.
Which company has a longer operating history — Accenture PLC or Morgan Stanley?
Morgan Stanley has been operating for approximately 91 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 Morgan Stanley overview