SAP Forms Global Managing Board

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sap-board-tableSAP announced that it has created a Global Managing Board to lead the company. The company said that the body was established in addition to the SAP Executive Board, which retains ultimate responsibility for overseeing and deciding on the activities of the company.

The company noted that the Global Managing Board allows SAP to appoint a broader range of global leaders to help steer the organization. All current Executive Board members as well as Lars Dalgaard and Robert Enslin will join the Global Managing Board. The SAP Supervisory Board also appointed Dalgaard to the SAP Executive Board.

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SAP said its Co- Chief Executive Officers Bill McDermott and Jim Hagemann Snabe will continue to concentrate on SAP’s strategy development and execution.

The company added that Enslin will assume responsibility for all global sales and ecosystem and channels activities. Dalgaard will lead the company’s new cloud business unit, which combines all cloud assets of SAP and SuccessFactors to drive market leadership in the cloud for businesses.

Gerd Oswald will be responsible for all on-premise delivery, including development of applications, global services, solution and knowledge packaging, as well as the SAP Active Global Support organization, the company said.

Vishal Sikka continues to be responsible for technology and innovation. In his role as chief technology officer (CTO), he is responsible for all technology of the company as well as for research and incubation.

SAP stated that Werner Brandt remains chief financial officer of SAP, overseeing all finance and administration functions of SAP. He also continues as interim head of Human Resources.

“The Global Managing Board will drive customer centricity, expand our market leadership and execute on our ambition to exceed EUR20 billion in total revenue with a 35 percent operating margin by 2015,” said McDermott and Snabe.

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