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Sebastian Steinhaeuser to Join the SAP Executive Board - Executive Board Member Thomas Saueressig's Contract Extended
SAP SE (NYSE: SAP) today announced that Sebastian Steinhaeuser (39) has been appointed to join the SAP Executive Board. He will lead a newly formed...
About this update from Sap Se
[{"type":"text","content":"\n \n\t\t \n \n \n \n New Extended Board, including Chief Technology Officer (CTO) and Chief Revenue Officers (CROs), will further enhance efficiency and accelerate transformation. \nWALLDORF, Germany, Jan. 28, 2025 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Sebastian Steinhaeuser (39) has been appointed to join the SAP Executive Board. He will lead a newly formed board area called Strategy & Operations, continuing to support the execution of SAP's strategy and driving simplification in operations. The SAP Supervisory Board also extended the contract of Executive Board Member Thomas Saueressig, head of Customer Services & Delivery, for another three years until 2028.\nSAP also announced that it is forming an Extended Board* comprised of senior leaders from across the company, including the newly appointed CTO, Co-CROs and Chief Marketing Officer (CMO). The new SAP Extended Board will act as a strategic advisory body, driving execution of the company's AI-first, Suite-first strategy. It will leverage global leadership to align with key initiatives and ensure smooth execution across the organization, while the SAP Executive Board remains the ultimate managing body of SAP SE.\nNew Board Area to Drive Strategy Execution and Simplification\nThe new Strategy & Operations board area will ensure that SAP continues successfully executing on its transformation journey by driving the company's strategy internally and externally, as well as by simplifying internal operations. Bringing Strategy & Operations together with Global Marketing – led by newly-appointed CMO Ada Agrait – will also promote closer collaboration to deliver customers and partners an enhanced digital experience.\n\"Since joining in 2020, Sebastian Steinhaeuser has been crucial in shaping and implementing SAP's corporate strategy. We believe that Sebastian is not just a leader, but the architect of a future where innovation meets impact. On behalf of the SAP Supervisory Board, I wish Sebastian a very successful start in his new role,\" said Pekka Ala-Pietilä, chairman of the Supervisory Board of SAP SE. \"Moreover, we are excited to extend our best wishes to Thomas Saueressig for his forthcoming term on the SAP Executive Board. His contributions have been instrumental in accelerating our customers' journey to the cloud, and we look forward...