SAP
- SAP co-CEO Jennifer Morgan is stepping down after just six months in that position. Christian Klein will remain as solo CEO.
- SAP said the company decided that a dual CEO structure was not ideal for the current market which "requires companies to take swift, determined action which is best supported by a very clear leadership structure."
- Click here for more BI Prime stories.
SAP's Jennifer Morgan is stepping down as co-CEO just six months after being named to the tech giant's top post together with Christian Klein. Klein will remain the German software behemoth's solo CEO.
Morgan will leave the company on April, 30, SAP said. She took over in October after the departure of longtime CEO Bill McDermott who stepped down and subsequently was named CEO of ServiceNow.
See the rest of the story at Business Insider
NOW WATCH: Why thoroughbred horse semen is the world's most expensive liquid
See Also:
- The president of Stripe says the $36 billion payments company raised $600 million in fresh funding so it can keep hiring and growing despite the downturn: 'We want Stripe to be able to keep investing'
- $967 million startup DataStax laid off 15+ employees last week — its third round of job cuts since its new CEO joined in October
- The CEO of $17 billion Okta says that doing its multi-day annual tech conference online generated 4,000 leads — way more than at its usual Las Vegas extravaganza
from Business Insider https://ift.tt/34VxYgm
No comments:
Post a Comment