Andersen Consulting CEO Shaheen Leaves To Join New Online Company

George T. Shaheen, a thirty year veteran of Arthur Andersen and CEO of Andersen Consulting since 1989, announced his retirement from the firm to join a new online grocery and drug megastore as President and CEO, effective immediately.

The Webvan Group Inc. operates a fleet of vans to deliver a wide range of groceries ordered through its website. It currently operates exclusively in the San Francisco Bay area. Webvan is backed by CBS Inc. and Knight-Ridder Co., as well as some of the leading sources of venture capital in the Internet community.

Shaheen's quick departure from Andersen Consulting will create a void in management, which will be filled in the interim by John Kelly, with a new CEO to be selected by early November.

You may like these other stories...

If you're thinking that bitcoin and digital currency generally are merely some one-off flash in the pan, the new Digital Currency Council would argue otherwise. The council launched in September and already had 400...
Sponsored Content from Confirmation.com: AccountingWEB takes a look at confirmations in audit engagements, how they can serve as a doorway to fraud, and what you can do about it. Today, auditors have to fight fire with...
If your small-business clients are on the fence about cloud accounting, they've got plenty of company. A recent survey by market researcher and consultant Software Advice indicates a decidedly mixed view by respondents...

Already a member? log in here.

Upcoming CPE Webinars

Oct 21Kristen Rampe will share how to speak and write more effectively by understanding your own and your audience’s communication style.
Oct 22This webinar will include discussions of important issues in AU-C 800, Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks.
Oct 23Amber Setter will show the value of leadership assessments as tools for individual and organizational leadership development initiatives.
Oct 30Many Excel users have a love-hate relationship with workbook links.