WALLDORF, Germany, July 30,
2024 /PRNewswire/
-- SAP SE (NYSE: SAP)
today announced that the SAP Supervisory Board has
reached a mutual agreement with Executive Board members
Scott Russell and Julia White to leave the company's Executive
Board, effective August 31st.
Chief Revenue Officer Scott
Russell has played a central role in helping SAP customers
around the world on their journey to the cloud. His success gives
SAP the opportunity to develop the full potential of the company's
best-of-suite offering, ensuring customers take advantage of SAP's
solutions to maximize agility and innovation. A search for
Scott Russell's successor is
underway. SAP CEO Christian Klein
will assume responsibility for the sales organization in the
interim.
Chief Marketing and Solutions Officer Julia White has successfully modernized
marketing and communications while also building SAP's product
marketing function to support a cloud-first model. SAP will now
strengthen the synergy between product marketing and product teams
by bringing those teams together. The SAP Supervisory Board and
Julia White agreed that this notable
shift marks an appropriate juncture to dissolve the distinct
Marketing & Solutions board area. This adjustment, effective
September 1st, streamlines SAP's
Executive Board structure.
"In the context of SAP's ongoing successful cloud
transformation, the SAP Supervisory Board believes now is the
moment to embark on the next era of growth," said Pekka
Ala-Pietilä, Chairman of the Supervisory Board SAP SE. "We thank
Scott Russell and Julia White for their significant
accomplishments and wish them all the best in their future
endeavors."
"Scott and Julia have contributed significantly to SAP's
successful business transition in the cloud and our leadership in
Business AI," said SAP CEO Christian
Klein. "I'm pleased to take this opportunity to thank them
for their unwavering dedication to our clients and partners, and to
join the Supervisory Board in wishing them all the best for the
future."
This strategic transition occurs at a time of strength for
SAP. The changes will further accelerate the company's
transformation and enhance its focus on a Suite- and AI-first
strategy. By prioritizing these key areas, SAP is
positioning itself to further expand its position as a leading
enterprise software company.
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About
SAP
As a global
leader in enterprise applications and business AI, SAP
(NYSE:SAP) stands at
the nexus of
business and technology. For over 50 years, organizations have
trusted SAP to bring out their best by
uniting business-critical operations
spanning finance, procurement, HR, supply chain, and customer
experience. For more information,
visit www.sap.com.
This document contains forward-looking statements, which
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materially differ. Additional information regarding these risks and
uncertainties may be found in our filings with the Securities and
Exchange Commission, including but not limited to the risk factors
section of SAP's 2023 Annual Report on Form 20-F.
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SOURCE SAP SE
