SAP announced that the SAP Supervisory Board has reached a mutual agreement with executive board members Scott Russell and Julia White to leave the company’s executive board, effective August 31. A search for Russell’s successor is underway. SAP CEO Christian Klein will assume responsibility for the sales organization in the interim. Chief marketing and solutions officer Julia White has modernized marketing and communications while also building SAP’s product marketing function to support a cloud-first model. SAP will now strengthen the synergy between product marketing and product teams by bringing those teams together. The SAP Supervisory Board and White agreed that this notable shift marks an appropriate juncture to dissolve the distinct marketing and solutions board area. This adjustment, effective September 1, streamlines SAP’s executive board structure.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SAP: