In Walldorf, Germany, on February 11, 2024, it was made public by the Supervisory Board of SAP SE that Pekka Ala-Pietilä was nominated to stand for election as a new member of the Supervisory Board and to succeed Chairman Prof. Dr. Hasso Plattner. If elected, he will assume the role of chair for a two-year term following the next Annual General Meeting.
Pekka Ala-Pietilä is known for his track record in European innovation and technology and is capable to lead SAP’s ongoing successful transformation. He was previously President of Nokia Corporation and a former member of the SAP Supervisory Board. With his extensive experience, he is well-positioned to steer the company in the right direction.
Moreover, it was announced that Work Renje and SAP have mutually agreed to part ways due to a difference in perspective on the role of SAP Supervisory Board chair, which Work Renje was designated to assume. Consequently, Renje has chosen to resign from his mandate on the SAP Supervisory Board with effect from the end of SAP’s Annual General Meeting on May 15, 2024.
Pekka Ala-Pietilä, in response to his nomination, expressed gratitude and excitement for the opportunity to return to the European technology leader during this crucial time. He commended SAP’s accomplishments and expressed his eagerness to contribute to the company’s innovations and success.
SAP’s strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, they help companies of all sizes and in all industries run at their best. The company’s machine learning, Internet of Things (IoT), and advanced analytics technologies help turn companies’ businesses into intelligent enterprises. With a global network of customers, partners, and employees, SAP helps the world to run better and improve people’s lives.
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, which could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties is available in SAP’s filings with the Securities and Exchange Commission.
All in all, SAP SE is making strategic changes to achieve its vision of becoming a successful global leader in intelligent enterprise solutions. These changes include a new nominee for chair of the Supervisory Board, Pekka Ala-Pietilä, who brings with him a wealth of experience in European innovation and technology. His appointment is intended to lead SAP’s ongoing successful transformation. The company is eager to keep building on its commitment to deliver revolutionary technology that drives real results. For more information about SAP and its products, visit http://www.sap.com.
SOURCE: SAP SE.
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