Léo Apotheker joins Signavio as Non-Executive Chairman

SUNNYVALE, Calif., May 18, 2016 /PRNewswire/ -- Signavio GmbH, a leading provider for process and decision management software, today announced the appointment of Léo Apotheker, former CEO of SAP and Hewlett-Packard, as Chairman of the company's Advisory Board.

Mr. Apotheker spent more than 20 years at German software maker SAP and served as the company's Chief Executive Officer from 2008 through 2010. From 2010 to 2011, he served as the CEO and President of Hewlett-Packard Inc. Currently, Mr. Apotheker is the independent Lead Director of the Board of Schneider Electric SE, a French corporation listed on the Euro Stoxx 50.

"We are excited to welcome Léo to the Signavio board," said Dr. Gero Decker, co-founder and CEO of Signavio. "His extensive enterprise software experience will be invaluable to us as we work to grow our business. He shares our passion for our mission and is a great mentor to the Signavio management team."

In December 2015, Signavio raised $31 million from global growth equity investor Summit Partners to support the company's next phase of growth. Mr. Apotheker will help Signavio to refine its strategy and positioning, build strong partnerships and secure strategic accounts around the world.

"Signavio has an impressive track record of growth already," commented Léo Apotheker. "I believe the company has the potential to become a global leader in its domain in the enterprise software space. I am pleased to have the opportunity to help Gero and his team achieving that goal."

Mr. Apotheker joins a team of five industry experts that support Signavio as non-executive advisors and board members. Jointly they focus on helping the company increase its footprint worldwide.

About Signavio

The German software provider, headquartered in Berlin with further locations in Sunnyvale, CA and Singapore, offers a web-based solution for modeling, analysis and optimization of business processes and decisions. As a leading provider of SaaS software for organization-wide Business Process and Decision Management, Signavio brings together the variety of a professional BPM and BDM solution with the benefits of collaboration in the cloud.

Contact

Signavio GmbHKatharina Clauberg[email protected]

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SOURCE Signavio