SuccessFactors

There’s a fleeting moment during SAP technology conference keynotes when the company posts up a slide that displays all its brands. With some homegrown products (SAP HANA, SAP Leonardo etc.) and some acquired brands (SuccessFactors, Concur, Fieldglass, Hybris etc.) that...

In a shock announcement Bill McDermott said that he would not be renewing his contract with SAP and would stand down as CEO. Jennifer Morgan and Christian Klein, both SAP executive board members, were appointed as co-CEOs following McDermott’s departure. Morgan is based in the US and comes from a sales background and was previously president for the cloud business while Klein is based in Germany and comes from a product background, previously holding the CTO role.