SAP’s CEO Bill McDermott exits office after a decade of service

EUROPE – Bill McDermott, the immediate former CEO of SAP retired from office in October this year and will be replaced by Jennifer Morgan and Christian Klein who will be working together as co-CEOs. McDermott exits office after a decade building up SAP into the world’s leading enterprise software company. Morgan and Klein will now oversee operations of the technology group having been handed the task of completing SAP’s transition to cloud computing by the exiting chief executive. The executive changes which according to SAP took place with immediate effect…

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