WashingtonExec
  • News & Headlines
  • Executive Councils
  • Videos
  • Podcast
  • Events
    • 🏆 Pinnacle Awards
    • 🏆 Chief Officer Awards
  • About
  • Contact Us
Latest Video:
https://www.youtube.com/watch?v=3_0OGr8ie5g&list=UULFQpADaPZpDb8HwwScpJ2OPQ
Podcast Episodes
LinkedIn Facebook Twitter Instagram YouTube
LinkedIn Facebook Twitter Instagram YouTube
WashingtonExec
Subscribe To The Daily
  • News & Headlines
  • Executive Councils
  • Videos
  • Podcast
  • Events
    • 🏆 Pinnacle Awards
    • 🏆 Chief Officer Awards
  • About
  • Contact Us
LinkedIn YouTube Twitter
WashingtonExec
You are at:Home»Execs to Know»Exec Moves»SAP SE’s McDermott to Step Down; 2 Executive Board Members to Serve as Co-CEOs
Exec Moves

SAP SE’s McDermott to Step Down; 2 Executive Board Members to Serve as Co-CEOs

By Fatemeh ParyaviOctober 20, 2019
Share
LinkedIn Facebook Twitter Email
Bill McDermott, SAP SE
Bill McDermott, SAP SE

Bill McDermott is leaving his position as SAP SE CEO and will be replaced by executive board members Jennifer Morgan and Christian Klein who will take over as co-CEOs.

McDermott who joined SAP in 2002 has decided to not   renew his contract, the company said. McDermott, however, will remain in advisory capacity until the yearend to ensure a smooth transition.

Morgan joined SAP in 2004 after overseeing Qualtrics, SAP SuccessFactors, SAP Ariba, SAP Fieldglass, SAP Customer Experience and SAP Concur as president of the Cloud Business Group. She was named an executive board member in 2017.

Klein was appointed to the executive board in 2018, but began his career at the company two decades ago while still a student. He was most recently the company’s COO, overseeing product development for the flagship ERP solution SAP S/4HANA.

“SAP has the most comprehensive solution portfolio in the industry,” Klein said. “We have an unprecedented opportunity to finish what we started and deliver the intelligent enterprise. This will be the best way to honor our predecessor, Bill McDermott. We will always strive to be leaders who bring out the best in people like Bill has always done.”

Morgan praised McDermott’s leadership, saying, “In Bill, we stand on the shoulders of a giant and look forward to building on his legacy of success.”

Previous ArticleSalient CRGT Wins $115M IT Services Contract for GAO
Next Article Meet the Pinnacle Awards Finalists: 7 Questions for Booz Allen’s Cedric Sims

Related Posts

2023 Chief Officer Awards Winner: Intelsat’s David Wajsgras

Top Contracts Execs to Watch in 2023: Amentum’s Brianna Burnell

2023 Chief Officer Awards Winner: MIT Lincoln Laboratory’s James Kennedy

1 Comment

  1. Jerry Sherman on October 22, 2019 6:33 pm

    Bill is a great leader – encountered him during the Xerox days. His compassion for the team and his ability to relate to all levels of the organization was a key enabler to the great success he has achieved.

Chief Officer Awards Winners Revealed - Click to view the winners
Trending

2023 Chief Officer Awards Winner: Intelsat’s David Wajsgras

June 5, 2023

Top Contracts Execs to Watch in 2023: Amentum’s Brianna Burnell

June 5, 2023

2023 Chief Officer Awards Winner: MIT Lincoln Laboratory’s James Kennedy

June 5, 2023

Top Contracts Execs to Watch in 2023: ViaPath Technologies’ Eileen Tobin

June 5, 2023

Top Contracts Execs to Watch in 2023: LMI’s Bob Sadler

June 5, 2023
Quick Links
  • Executive Councils & Committees
  • Chief Officer Awards
  • Pinnacle Awards
  • K-12 STEM Symposium
  • Advertise With Us
  • About WashingtonExec
  • Contact

Subscribe to The Daily

Get federal business news & insights delivered to your inbox.

  • Facebook
  • Twitter
  • LinkedIn
  • YouTube
Copyright 2023 © WashingtonExec, Inc. | All Rights Reserved. Powered by J Media Group

Type above and press Enter to search. Press Esc to cancel.