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Scott Russell and Julia White to Leave SAP Executive Board

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SAP SE announced that Executive Board members Scott Russell and Julia White will leave the company on August 31, 2024. Russell, Chief Revenue Officer, helped customers transition to the cloud, while White, Chief Marketing and Solutions Officer, modernized marketing and built product marketing for a cloud-first model. CEO Christian Klein will temporarily lead sales, and product marketing will be integrated with product teams. The SAP Supervisory Board views this as an opportunity to enter the next growth phase, focusing on a Suite- and AI-first strategy. These changes aim to accelerate SAP's transformation and strengthen its position as a leading enterprise software company.

SAP SE ha annunciato che i membri del Consiglio Esecutivo Scott Russell e Julia White lasceranno l'azienda il 31 agosto 2024. Russell, Chief Revenue Officer, ha aiutato i clienti nella transizione verso il cloud, mentre White, Chief Marketing and Solutions Officer, ha modernizzato il marketing e sviluppato il marketing dei prodotti per un modello incentrato sul cloud. Il CEO Christian Klein guiderà temporaneamente le vendite, e il marketing prodotto sarà integrato con i team di prodotto. Il Consiglio di Vigilanza di SAP vede questo come un'opportunità per entrare nella prossima fase di crescita, concentrandosi su una strategia orientata alla Suite e all'AI. Questi cambiamenti mirano ad accelerare la trasformazione di SAP e a rafforzare la sua posizione come azienda leader nel software per le imprese.

SAP SE anunció que los miembros de la Junta Ejecutiva Scott Russell y Julia White dejarán la empresa el 31 de agosto de 2024. Russell, Director de Ingresos, ayudó a los clientes a hacer la transición a la nube, mientras que White, Directora de Marketing y Soluciones, modernizó el marketing y construyó el marketing de productos para un modelo centrado en la nube. El CEO Christian Klein liderará temporalmente las ventas, y el marketing de productos se integrará con los equipos de producto. La Junta de Supervisión de SAP ve esto como una oportunidad para entrar en la próxima fase de crecimiento, enfocándose en una estrategia orientada a Suite y a la IA. Estos cambios tienen como objetivo acelerar la transformación de SAP y fortalecer su posición como una empresa líder en software empresarial.

SAP SE는 경영진 Scott RussellJulia White가 2024년 8월 31일에 회사를 떠날 것이라고 발표했습니다. Russell은 수익 최고 책임자로서 고객이 클라우드로 전환하는 데 도움을 주었고, White은 마케팅 및 솔루션 최고 책임자로서 마케팅을 현대화하고 클라우드 우선 모델을 위한 제품 마케팅을 구축했습니다. CEO Christian Klein이 임시로 판매를 이끌고, 제품 마케팅은 제품 팀과 통합될 것입니다. SAP 감시 위원회는 이를 다음 성장 단계에 진입할 기회로 보고 있으며, Suite 및 AI 중심 전략에 집중하고 있습니다. 이러한 변화는 SAP의 변혁을 가속화하고 기업 소프트웨어 회사로서의 입지를 강화하는 것을 목표로 합니다.

SAP SE a annoncé que les membres du Conseil Exécutif Scott Russell et Julia White quitteront l'entreprise le 31 août 2024. Russell, Directeur des Revenus, a aidé les clients à passer au cloud, tandis que White, Directrice Marketing et Solutions, a modernisé le marketing et construit le marketing produit pour un modèle axé sur le cloud. Le CEO Christian Klein dirigera temporairement les ventes, et le marketing produit sera intégré aux équipes produit. Le Conseil de Surveillance de SAP voit cela comme une opportunité d'entrer dans la prochaine phase de croissance, en se concentrant sur une stratégie axée sur la Suite et l'IA. Ces changements visent à accélérer la transformation de SAP et à renforcer sa position en tant qu'entreprise leader en logiciel de gestion.

SAP SE gab bekannt, dass die Mitglieder des Vorstandes Scott Russell und Julia White das Unternehmen zum 31. August 2024 verlassen werden. Russell, Chief Revenue Officer, unterstützte die Kunden beim Übergang zur Cloud, während White, Chief Marketing and Solutions Officer, das Marketing modernisierte und das Produktmarketing für ein cloudorientiertes Modell aufbaute. CEO Christian Klein wird vorübergehend den Vertrieb leiten, und das Produktmarketing wird mit den Produktteams integriert. Der Aufsichtsrat von SAP sieht dies als Chance, in die nächste Wachstumsphase einzutreten, wobei der Fokus auf einer Suite- und KI-ersten Strategie liegt. Diese Veränderungen zielen darauf ab, SAPs Transformation zu beschleunigen und die Position des Unternehmens als führender Anbieter von Unternehmenssoftware zu stärken.

Positive
  • Opportunity to develop full potential of SAP's best-of-suite offering
  • Streamlining of Executive Board structure
  • Strengthening synergy between product marketing and product teams
  • Acceleration of company's transformation towards Suite- and AI-first strategy
Negative
  • Departure of two key Executive Board members
  • Temporary leadership gap in sales organization
  • Dissolution of distinct Marketing & Solutions board area

WALLDORF, Germany, July 30, 2024 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that the SAP Supervisory Board has reached a mutual agreement with Executive Board members Scott Russell and Julia White to leave the company's Executive Board, effective August 31st. 

Chief Revenue Officer Scott Russell has played a central role in helping SAP customers around the world on their journey to the cloud. His success gives SAP the opportunity to develop the full potential of the company's best-of-suite offering, ensuring customers take advantage of SAP's solutions to maximize agility and innovation. A search for Scott Russell's successor is underway. SAP CEO Christian Klein will assume responsibility for the sales organization in the interim.

Chief Marketing and Solutions Officer Julia White has successfully modernized marketing and communications while also building SAP's product marketing function to support a cloud-first model. SAP will now strengthen the synergy between product marketing and product teams by bringing those teams together. The SAP Supervisory Board and Julia White agreed that this notable shift marks an appropriate juncture to dissolve the distinct Marketing & Solutions board area. This adjustment, effective September 1st, streamlines SAP's Executive Board structure.

"In the context of SAP's ongoing successful cloud transformation, the SAP Supervisory Board believes now is the moment to embark on the next era of growth," said Pekka Ala-Pietilä, Chairman of the Supervisory Board SAP SE. "We thank Scott Russell and Julia White for their significant accomplishments and wish them all the best in their future endeavors."

"Scott and Julia have contributed significantly to SAP's successful business transition in the cloud and our leadership in Business AI," said SAP CEO Christian Klein. "I'm pleased to take this opportunity to thank them for their unwavering dedication to our clients and partners, and to join the Supervisory Board in wishing them all the best for the future."

This strategic transition occurs at a time of strength for SAP. The changes will further accelerate the company's transformation and enhance its focus on a Suite- and AI-first strategy. By prioritizing these key areas, SAP is positioning itself to further expand its position as a leading enterprise software company.

Visit the SAP News Center. Follow SAP at @SAPNews.

About SAP
Asa global leader in enterprise applications and business AI, SAP (NYSE:SAP)stands at thenexusof business and technology. For over 50 years, organizations have trusted SAPto bring out their best by uniting business-criticaloperations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visitwww.sap.com.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2023 Annual Report on Form 20-F.

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SOURCE SAP SE

FAQ

When will Scott Russell and Julia White leave SAP's Executive Board?

Scott Russell and Julia White will leave SAP's Executive Board effective August 31, 2024.

Who will assume responsibility for SAP's sales organization after Scott Russell's departure?

SAP CEO Christian Klein will assume responsibility for the sales organization in the interim while a search for Scott Russell's successor is underway.

What changes are being made to SAP's product marketing function?

SAP will strengthen the synergy between product marketing and product teams by bringing those teams together, dissolving the distinct Marketing & Solutions board area.

How does this transition align with SAP's strategy?

The transition aligns with SAP's focus on a Suite- and AI-first strategy, aiming to accelerate the company's transformation and enhance its position as a leading enterprise software company.

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