Supervisory Board Extends SAP CEO Henning Kagermann's Contract

Originally published February 15, 2007

SAP AG recently announced that its supervisory board has voted to extend Henning Kagermann's tenure as Chief Executive Officer of SAP AG through May 31, 2009, the month of the company's AGM in 2009. Kagermann has agreed to the extension.

"The supervisory board again has expressed its confidence in Henning Kagermann and recognized his extraordinary achievements in leading SAP's successful strategy of organic growth during his tenure," said Hasso Plattner, Chairman of the SAP Supervisory Board. "Under his guidance, SAP has significantly extended its global market leadership in the business software space while delivering breakthrough innovation in the software industry. We are committed to further pursuing this successful course."

This BeyeNETWORK news item contains information from a recent press release by the company mentioned.

SOURCE: Supervisory Board Extends SAP CEO Henning Kagermann's Contract