SAP’s Bill McDermott named new ServiceNow CEO
Just days after revealing he would not renew his contract with SAP, outgoing CEO Bill McDermott is set to step into a new role as president and CEO of ServiceNow.
Just days after revealing he would not renew his contract with SAP, outgoing CEO Bill McDermott is set to step into a new role as president and CEO of ServiceNow.
As CEO Bill McDermott steps down, SAP appears well-placed to ramp up its investment in partner enablement for cloud solutions sales.
The CEO of SAP is stepping down after almost a decade as the business battles through a turbulent year of restructuring and lay-offs.
SAP is expecting a major improvement in margins next year as the German business software group reported a 21 per cent decline in second-quarter operating profit.
SAP CEO Bill McDermott is going on two months as the first American to hold the company's top job, and has been quick to make his mark with a pledge to simplify the company's software, operations and interactions with customers.