Jennifer Morgan is stepping down as co-CEO of SAP after just 6 months, with Christian Klein staying on as solo CEO (SAP) - Creak News

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Jennifer Morgan is stepping down as co-CEO of SAP after just 6 months, with Christian Klein staying on as solo CEO (SAP)

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SAP co-CEO Jennifer MorganSAP

  • 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."
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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

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