The Village View

Thursday, February 15, 2007

SAP CEO to stay through mid 2009

There had been much speculation about Kagermann staying or going. Today SAP made it official.

SAP AG (NYSE: SAP) announced that its supervisory board has voted in a meeting today 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.

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