Global Retail Business Development Lead at Accenture
After leaving Congress, Kennedy served as a leader in the professional services company, when they moved their headquarters from Bermuda to Ireland in 2009. Both countries are known as tax havens, and in 2012 it was revealed that Accenture had been paying 3.5% in taxes, much lower than the national average rate of 24%.
During his time at ShopKo, Kennedy was responsible for merchandising, marketing, and store management. The company's performance during this time fluctuates.
Senior Vice President and Treasurer at Federated Department Stores
In April of 1988, Federated lost a fight to withstand a takeover by Campeau. Then in 1990, the company filed for bankruptcy in the same year that a $1 billion tax claim was filed by the IRS against them.
Though Kennedy had never held a directorial position, he began his corporate career as the Director of Finance at a multi-billion dollar, multinational company. In 1989, Pillsbury was acquired by Grand Metropolitan in a hostile takeover after turning in a weak financial performance due to passive marketing techniques.