SAP’s CEO Resigns: Delays in Launching Online Business Software Cited as One Reason for Downfall

February 7th, 2010


SAP’s CEO Léo Apotheker resigned today. SAP will return to a co-CEO structure, replaced by Bill McDermott, head of field organisation, and Jim Hagemann Snabe, head of product development. The particulars are to be announced early tomorrow. According to the Financial Times , one reason for the resignation is SAP’s delays in the introduction of a new online-based business software for small and medium-sized …

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