Jim Wadia

Jamshed "Jim" Wadia (born 1947) was a CEO of Arthur Andersen in August 1997, a post from which he resigned on 7 August 2000 due to his inability to favorably steer the then impending spinning off of Andersen Consulting, now known as Accenture, one of the largest consulting firms in the world at the time.

He joined Arthur Andersen's consulting practice in England in 1977 and after a fast rise through the company, became the CEO in 1997 at the age of 49.

Jim Wadia would provide insight on his resignation years later at a Harvard Business School case activity about the split.

It turned out that the Arthur Andersen board passed a resolution saying he had to resign if he didn't get at least an incremental $4 billion out of the $14.5 billion demanded by Arthur Andersen in the lawsuit (either through negotiation or via the arbitrator decision) for the consulting practice to split off, hence his quick resignation once the decision was announced.

Jim Wadia is also a member of Royal Society for Arts and of Prince's Youth Business Trust Advisory Council.