Scott Russell and Julia White to Leave SAP Executive Board
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WALLDORF,
Chief Revenue Officer
Chief Marketing and Solutions Officer
"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
"Scott and Julia have contributed significantly to SAP's successful business transition in the cloud and our leadership in Business AI," said SAP CEO
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 are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to 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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