Former SAP Co-CEO Jim Snabe Joins C3 AI Board of Directors

Rhea-AI Summary

C3 AI (NYSE: AI) has appointed Jim H. Snabe, former co-CEO of SAP, to its Board of Directors. Snabe has over three decades of experience in the tech industry and is currently Chairman of Siemens AG and A.P. Møller – Mærsk A/S. CEO Thomas M. Siebel expressed confidence that Snabe's leadership skills will further strengthen the board. Snabe highlighted C3 AI's model-driven AI platform as a potential standard for intelligent enterprises, emphasizing the company's achievements in delivering social and economic value through innovative technology.

Positive

• Appointment of Jim H. Snabe strengthens the Board of Directors.
• Snabe brings extensive leadership experience from SAP and major companies.
• C3 AI's model-driven AI platform is positioned as a future standard.

Negative

• None.

C3 AI (NYSE: AI), a leading enterprise AI software provider, today announced that software industry veteran Jim H. Snabe has joined the C3 AI Board of Directors.

Mr. Snabe’s renowned career spans more than three decades in the information technology industry, including as former co-CEO of SAP, one of the world’s leading ERP software companies. Mr. Snabe currently serves as Chairman of the Supervisory Board of the German industrial giant Siemens AG, and as Chairman of the Board of A.P. Møller – Mærsk A/S, the world’s largest shipping and transportation company, based in Denmark. Mr. Snabe is a member of the Board of Trustees of the non-profit World Economic Forum, based in Switzerland. Prior to joining the C3 AI Board, Mr. Snabe has served as a senior advisor to C3 AI CEO Tom Siebel.

“I have come to rely on Jim as a trusted advisor as we work to establish C3 AI as a leading global enterprise software company,” said C3 AI CEO Thomas M. Siebel. “The addition of Jim to our Board of Directors further strengthens this team of highly accomplished professionals, bringing a unique set of leadership skills and expertise to the company. We are extremely pleased to welcome Jim to the board.”

“In my opinion, the C3 AI model-driven AI platform is becoming the standard for the intelligent enterprise of the 21^st century,” said Mr. Snabe. “I am deeply impressed with the company’s track record of creating substantial social and economic value through its innovative technology and its ability to execute. I am thrilled to work alongside a world-class board and with a growing set of industry-leading customers globally.”

About C3.ai, Inc.

C3.ai, Inc. (NYSE:AI) is a leading provider of enterprise AI software for accelerating digital transformation. C3 AI delivers a family of fully integrated products: C3 AI^® Suite, an end-to-end platform for developing, deploying, and operating large-scale AI applications; C3 AI Applications, a portfolio of industry-specific SaaS AI applications; C3 AI CRM, a suite of industry-specific CRM applications designed for AI and machine learning; and C3 AI Ex Machina, a no-code AI solution to apply data science to everyday business problems. The core of the C3 AI offering is an open, model-driven AI architecture that dramatically simplifies data science and application development. Learn more at: www.c3.ai.

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FAQ

Who is Jim H. Snabe and what role has he taken at C3 AI?

Jim H. Snabe is a software industry veteran and has joined the C3 AI Board of Directors.

What experience does Jim H. Snabe bring to C3 AI?

Jim H. Snabe has over three decades in the tech industry, including serving as co-CEO of SAP.

What impact is expected from Jim H. Snabe's appointment to C3 AI?

His appointment is expected to strengthen the board with his leadership skills and industry knowledge.

What is the significance of C3 AI's model-driven AI platform?

It is viewed as potentially becoming the standard for intelligent enterprises in the 21st century.