The Business Times
business-time-50

SAP extends CEO Klein’s contract until 2028

google-preferred-sourceAdd BT as a preferred source
Published Mon, May 6, 2024 · 07:37 PM
    • SAP named Christian Klein as chairman of the executive board and extended his contract as CEO.
    • SAP named Christian Klein as chairman of the executive board and extended his contract as CEO. PHOTO: REUTERS

    DeeperDive is a beta AI feature. Refer to full articles for the facts.

    SAP has prolonged CEO Christian Klein’s contract for a further three years, extending it to the end of 2028, the German software company announced on Monday (May 6).

    In addition, Klein was named chairman of the executive board after previously serving as its speaker, said SAP, one of Europe’s biggest tech firms.

    Klein, who started his career at SAP in 1999 as a student, “has consistently driven SAP’s transformation to a cloud company”, said Hasso Plattner, chairman of the supervisory board and one of the company’s founders.

    “We are convinced that this will lay the foundation for SAP’s continued growth in a highly dynamic IT industry,” he added. REUTERS

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    Sap

    Share with us your feedback on BT's products and services

    Feedback

    TRENDING NOW

    Air India has been one of the foreign carriers most affected by the outbreak of hostilities in the Middle East.

    Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss

    In this economy, the smartest bets might no longer be sitting an ocean away, but are waiting right here at home.

    ‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival

    Malaysia Madani, or Civil Malaysia, is Prime Minister Anwar Ibrahim's slogan encapsulating positive values (such as humanity and strong governance) that would shape policy direction. But the "corporate mafia" claims have now cast the spotlight on governance credibility.

    From 1MDB to ‘corporate mafia’: Is Malaysia facing a new governance test?

    Malaysia ranks 23rd globally on the Milken Institute’s global opportunity index.

    South-east Asian markets account for 8.8% of global capital inflows from 2021 to 2024: report

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More