Plattner, 79, and the Supervisory Board have started the succession process with his nomination.Renjen, who has a spotless record, is exceptionally qualified to join SAP’s Supervisory Board and would make a great chairperson at a time when SAP is going through the most fundamental strategic transition in its 50-year history, according to a statement from the firm.
Source: Business TodayI am overjoyed to be a consideration. for a position with SAP, a renowned business that plays a significant role in the world economy. I could not be more thrilled at the chance to help shape the future of a company that has unmatched relevance for global business at a time when the company is successfully transforming into an enterprise application leader in the cloud and delivering on Hasso Plattner’s original vision of helping the world run better and improving people’s lives, Renjen said.Between 2015 till his resignation on December 31, Renjen, 61, was the CEO of Deloitte Global.
In his capacity as Global CEO, he created and carried out a plan that caused Deloitte’s revenues to increase from USD 35 billion to more than USD 59 billion in just seven years. Board approval notwithstanding, Renjen would be the first non-German and also the first Indian to chair a DAX40 company.
What do you think about this? Share your views in the comments
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.
Punit Renjen will take over as SAP chairman after Hasso Plattner.
Next Article Virat Kohli was always MS Dhoni’s right-hand man.