Business And Leadership, Ireland's Business News Service
Dublin: 03.09.2010 10:39 AM
RSS

Tech News

How ICT is key to the Green Economy
Dr Chris Tuppen, chief sustainability officer with BT Group, tells delegates at the Business & Leadership Green Economy briefing how ICT can support the...
Video clip sourced from http://www.businessandleadership.com
SAP boss unexpectedly quits, co-CEOs to step in

Also in this section

 

Technology

SAP boss unexpectedly quits, co-CEOs to step in

08.02.2010
German business software giant SAP has been rocked by the news that its chief executive Leo Apothekar is to step down with immediate effect. The company is returning to split leadership.

The move comes amid alleged customer dissatisfaction and what analysts have claimed is a lack of strategic direction. Apothekar (pictured) was only in the role seven months.

SAP, a worldwide giant in the field of enterprise resource planning (ERP), is to return to split leadership with Bill McDermott, the company’s head of field organisation, and Jim Hagemann Snabe, head of product development, taking charge.

Apothekar was co-CEO along with Henning Kagermann, who retired last July.

SAP is one of the world’s biggest business software players and competes aggressively for blue-chip, government and SME business with players, like Oracle, IBM and Microsoft.

Customer dissatisfaction apparently stems from a controversial decision to raise fees unexpectedly in the US by 5pc.

The company was forced to back down after customers asked for performance indicators that would justify the increase in fees.

Last October SAP, which employs more than 900 people in Ireland, reinforced its commitment to the country, saying it is to invest a further €3m in a refit of its Dublin headquarters and that it anticipates an overall €1bn spend in Ireland over the next 10 years.

Pictured: SAP CEO Leo Apothekar

Photo - SAP

Article courtesy of siliconrepublic.com

 

Events Calendar

<< < September 2010 > >>
Sun Mon Tue Wed Thu Fri Sat
1 2 3 4
5 6 7 8 9 10 11
12 13 14 15 16 17 18
19 20 21 22 23 24 25
26 27 28 29 30
 
 

Top Reports

Leadership Magazines

Irish Director Magazine Cover

Irish Director

Irish Director is the definitive magazine for leaders and senior decision makers in Ireland. Produced in association more..
Owner Manager Magazine Cover

Owner Manager

Owner Manager is the latest title from the BusinessandLeadership.com stable. It is the only magazine in Ireland to more..
Marketing Age Magazine Cover

Marketing Age

Marketing Age is the definitive voice of the marketing industry in Ireland. Aimed at decision makers, marketing more..
Knowledge Ireland Magazine Cover

Knowledge Ireland

Knowledge Ireland is a ground-breaking quarterly magazine from our sister brand siliconrepublic.com, unique in its more..

Site design by Whitespace Publishing. Web development and hosting by Tibus Ireland | powered by HandsOn