The Supervisory Board of SAP SE has nominated Pekka Ala-Pietilä to stand for election as a new member of the Supervisory Board and proposes Ala-Pietilä as the designated successor to Chairman Prof. Dr. Hasso Plattner. Ala-Pietilä will stand for election for a two-year term at the next Annual General Meeting and, if elected, will assume the role of chair. SAP and…
German software giant SAP SE announced that Gina Vargiu-Breuer has been appointed to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024. She will succeed Sabine Bendiek, who will be leaving the company by her own request on December 31, 2023. In her new role, Vargiu-Breuer will lead…
SAP SE and Google Cloud announced an extensive expansion of their partnership, introducing a comprehensive open data offering designed to simplify data landscapes and unleash the power of business data. The offering enables customers to build an end-to-end data cloud that brings data from across the enterprise landscape using the SAP Datasphere solution together with Google’s…
Software giant SAP SE announced that the SAP Supervisory Board has extended the contracts of Executive Board Members Julia White, Chief Marketing & Solutions Officer, and Scott Russell, who leads SAP’s Customer Success organization, for three years until 2027. “We express our gratitude to Julia and Scott for their excellent work, which has significantly propelled the company forward.…
SAP SE announced it has agreed to sell all of its 423 million shares of Qualtrics International Inc. as part of the acquisition of Qualtrics by funds affiliated with Silver Lake (collectively, “Silver Lake”) as well as Canada Pension Plan Investment Board (CPP Investments). At a purchase price of US$18.15 in cash per share, the transaction corresponds to a…
SAP SE announced its intent to acquire a majority stake of Taulia, a leading provider of working capital management solutions. The acquisition further expands SAP’s Business Network and strengthens SAP’s solutions for the CFO office. Taulia will operate as an independent company with its own brand in the SAP Group; Cédric Bru will remain CEO of…
SAP SE and Signavio GmbH announced that SAP has entered into an agreement to acquire Signavio, a leader in the enterprise business process intelligence and process management space. Financial details of the deal remain undisclosed. Combining Signavio with the Business Process Intelligence unit of SAP will strengthen SAP’s capacity to help companies quickly understand, improve,…
SAP SE announced that Microsoft Germany Management Board Chairwoman Sabine Bendiek has been appointed to join the SAP Executive Board as Chief People Officer and Labor Director in early 2021. Bendiek will be based in Walldorf and has been appointed to the Executive Board for a three-year term. In this new role, Bendiek will lead…
SAP SE has announced that Christian Klein, Co-Chief Executive Officer to continue as sole Chief Executive Officer, after Jennifer Morgan announced her stepping down as co-CEO. Jennifer Morgan was appointed co-chief executive officer, together with Klein, in October 2019. “Jennifer Morgan, Co-Chief Executive Officer and member of the Executive Board mutually agreed with the Supervisory…