SAP chief executive Bill McDermott resigns, and is replaced by board members Jennifer Morgan and Christian Klein.
For the Süddeutsche Zeitung, the resignation comes as a surprise. WirtschaftsWoche goes one step further and speaks of a “change at an inopportune moment”. In contrast, SAP’s press release speaks of ” … long-term succession planning for the Supervisory Board, which has appointed Executive Board members Jennifer Morgan and Christian Klein as successors and co-CEOs with immediate effect and with the approval of the Supervisory Board.
Here is an interview with Jennifer Morgan and Christian Klein.
Also interesting: Great visualization of SAP – A day in the life of a growing company
Note: This is a machine translation. It is neither 100% complete nor 100% correct. We can therefore not guarantee the result.