SAP on Tuesday named Bill McDermott sole CEO of the enterprise applications giant. McDermott is the first American to run the company.
McDermott, a co-CEO since 2010 alongside Jim Hagerman Snabe, takes over amid a series of inflection points for SAP. To wit:
The other wrinkle is that McDermott is from the sales side of SAP and has to win over the engineering crew based in Germany. SAP’s tech lead, Vishal Sikka, recently left the company and Shawn Price, president of SAP’s cloud and line of business sales, also departed. In addition, SAP is re-balancing its workforce as it transitions to be more of a cloud player.
McDermott’s big pitch to customers about those aforementioned inflection points begins at SAP’s Sapphire conference in Orlando at the beginning of June.
For now, analysts are seeing SAP’s moving parts as a reason for caution. However, McDermott’s appointment as sole CEO may also indicate that SAP has become more global.
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