SAP will return to a co-CEO structure led by Bill McDermott and Jim Hagemann Snabe

By Elizabeth Heichler
08 Feb 2010

BOSTON, MA, USA, FEBRUARY 8, 2010—Leo Apotheker has resigned as CEO of German ERP giant SAP, the company disclosed on Sunday (February 7). The decision was by mutual agreement with SAP's supervisory board, and is effective immediately.

The board appointed two co-CEOs: Bill McDermott, head of the field organisation and Jim Hagemann Snabe, head of product development. Meanwhile, CTO Vishal Sikka has been appointed to the SAP Executive Board, of which McDermott and Hagemann Snabe were already members.

A press release issued by SAP indicated that Co-Founder and Chairman Hasso Plattner will have a strong advisory role in technology and product development.

"The new setup of the SAP Executive Board will allow SAP to better align product innovation with customer needs. The new leadership team will continue to drive forward SAP's strategy and focus on profitable growth, and will deliver its innovations in 2010 to expand SAP's leadership of the business software market," said Hasso Plattner in the company statement.

At press time, SAP was expected to hold a conference call for media and analysts at 2:30 PM CET today (February 8).

Tags: SAP

Comments

Be the first to comment.

Post your comment

Please use English to post and reply to comments
Please do not use offensive language in the form of racial or ethnic slurs, abuse or personal insults
We welcome opinion and debate geared towards finding solutions
Please keep comments relevant to the topic
All comments are moderated

** Mandatory Field

Name
**

Email
**

Country

Comments
Maximum characters allowed: 2000

Report offensive comment

Disclaimer: All the content posted in this category comes independently from readers of Fairfax Business Media (FBM) Asia publications, unless specified otherwise. Fairfax Business Media (FBM) is not responsible for the opinions of its readers and the content posted by them does not represent the views and opinions of FBM.

Also of Interest

Wireless Technology

NTU and NI announce joint wireless research programme

By Zafar Anjum

3D TV

Sony to begin worldwide 3D TV launch in June

By Martyn Williams

Awards

Four major excellence awards to Fairfax Business Media Asia

By FBM Asia

iPad

Anticipation grows as Apple takes orders for iPad

By Agam Shah

Feature

Techlightenment

Are cell phones more dangerous than terrorists?

Is there a connection between cell phones, bees and global food security?
By Zafar Anjum | 17 Mar 2010

Stuck with Excel for reporting
Build automated web dashboards easily.
Attend a free webinar

MIS Asia IT Excellence Awards 2010
We know you have been doing some great work, so why not nominate your IT projects NOW?
Download the nomination form here.

CIO Asia Conference & Awards 2010 and the Great Debate
Showcasing the ‘new economy’ IT approaches that are expected to lead the way in the adoption of cost-effective technology in the post-recession environment. Presenting the five CIO Awards to the most outstanding enterprises in CIO 100 index.
Find out more!

Computerworld Forum: Security 2010
There are huge risks and threats out there. Can enterprises in our part of the world tackle them? We’ll examine current information and overall security issues, risks, threats and options to resolving and solving them, perhaps for the long term.
Malaysia Event | Singapore Event

MIS Asia IT Nation Forum 2010
Discover the top IT initiatives for 2010, based on the findings from the 4th annual MIS Asia IT Nation Survey.
Click here for more details.

Featured Whitepapers

Sustainable Identity and Access Governance

Novell - Sustainable Identity and Access Governance Business White Paper Aug09
Increasing regulatory compliance demands forcing you to review your policies and procedures? Looking for a solution that streamlines & automates access certification, role lifecycle management & risk management?
Source: Novell
01 Mar 2010

Read More
Successful Data Center Consolidation

Five Steps to Successful Data Center Consolidation
Downsizing and consolidating data centers can yield some impressive long-term savings, but it requires careful planning and a commitment to continued maintenance. The following five steps will help you in your data center consolidation efforts: Building a business case, Understanding what you have, Identifying the best candidates for consolidation, Repurposing and reconfiguring IT resources, Maintaining what you have achieved.
Source: BMC
30 Nov 2009

Read More
Innovating in a Time of Change

Innovation in a Time of Change – Investment and Technical Trends in the Data Center
This 2009 Data Center Survey reveals how data centers respond to new challenges and opportunities. Over 730 IT professionals from 54 countries in charge of their organizations' data centers were surveyed to identify their priorities and action plans to adopt new technologies.
Source: Commscope
11 Feb 2010

Read More
NEC-Mission Critical Servers

NEC-Mission Critical Servers
See IDC's views on deploying mission-critical workloads on X86 server infrastructure and how IDC views NEC in the x86 server space and how NEC can support to realize to virtualize your environment and deal with challenges.
Source: NEC
08 Jan 2010

Read More