SAP Creates New Board Area Focused on Innovation Adoption in the Cloud
January 09 2024 - 8:13AM
Dow Jones News
By Andrea Figueras
SAP said that it will create a new board area called customer
services and delivery, aimed at accelerating cloud growth and
adoption.
As of April 1, the new area will be led by Thomas Saueressig,
who joined the company in 2004 and was appointed to the executive
board in 2019, the German software company said on Tuesday.
Muhammad Alam, who joined SAP in January 2022 as president and
chief product officer for the intelligent spend and business
network, will succeed Saueressig. Alam will assume responsibility
for SAP's product-engineering area and will become a member of the
executive board, effective from April 1.
"SAP will put the power of a new dedicated board area called
customer services & delivery behind the company's drive to
support customers in their cloud transformation journey, accelerate
innovation adoption and further increase customer satisfaction,"
the company said.
Write to Andrea Figueras at andrea.figueras@wsj.com
(END) Dow Jones Newswires
January 09, 2024 07:58 ET (12:58 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
SAP (NYSE:SAP)
Historical Stock Chart
From Nov 2024 to Dec 2024
SAP (NYSE:SAP)
Historical Stock Chart
From Dec 2023 to Dec 2024