Christian Klein to Lead SAP as Sole CEO

Press enter to search
Close search
Open Menu

Christian Klein to Lead SAP as Sole CEO

Christian Klein
Christian Klein

Jennifer Morgan, co-CEO of SAP, will depart the company at the end of month as part of a mutual agreement, and Christian Klein will continue as sole CEO.

Morgan joined SAP in 2004, and both she and Klein were appointed co-CEO in October 2019. She previously served as president of SAP’s cloud business group — overseeing Qualtrics, SAP SuccessFactors, SAP Ariba, SAP Fieldglass, SAP Customer Experience and SAP Concur — and was named an executive board member in 2017.

“It has been a great privilege to drive SAP’s growth and innovation in so many areas and most recently as co-CEO,” said Morgan. “With unprecedented change within the world, it has become clear that now is the right time for the company to transition to a single CEO leading the business. I would like to thank Hasso Plattner for the opportunity to co-lead this great company, and I wish Christian, the executive board and SAP’s talented team much success as they drive the company forward.”

“I’d like to thank Jennifer for her partnership over many years,” added Klein. “Throughout SAP’s transformation, Jennifer has always been laser-focused on customers, partners, shareholders and employees. It’s thanks to her that we have established a strong position in experience management solutions. I know she will always be a champion of SAP.”

The company said it was a decision that was taken earlier than planned to ensure strong, unambiguous steering in times of an unprecedented crisis.

Shifts in consumer behavior as a result of the pandemic continue to drive sales growth at Procter & Gamble, which reported a net sales increase of 9%, to $19.3 billion, in fiscal Q1.

With consumer goods navigating a historic period of disruption, a recent snapshot survey takes the temperature of the reactions and responses from across the industry. We emailed with its creators for greater context around the numbers, including some actionable takeaways.  

Learn how the alcohol beverage company is leveraging tech to better reach its customers during a period when the old strategy simply won't cut it.