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SAP Names Christian Klein to Executive Board to Lead Global Business Operations

WALLDORF, Germany, Oct. 12, 2017 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Christian Klein to the SAP Executive Board effective Jan. 1, 2018. Klein, who is chief operating officer (COO) of SAP, will retain his current role. In the new board area, Global Business Operations, he will continue to work enterprise-wide to build a high-performance IT organization as well as to achieve closer integration among all board areas. Global Business Operations will coordinate the internal activities at SAP that support the Run Simple program, drive simplification and modernization of core business processes and align them with SAP's cloud and platform strategy.

Christian Klein, Chief Operating Officer, SAP SE (PRNewsfoto/SAP SE)

SAP is setting the course for its digital transformation and transition to a cloud company. The goal is to create a stronger organization that makes faster decisions, shows internal agility and flexibility and is ready to face new challenges in the fast-changing technology industry.

"With Christian Klein, we have a proven expert for this major responsibility," said Professor Hasso Plattner, chairman of the Supervisory Board of SAP SE. "He knows SAP very well. Despite his youth, he has the necessary background to make our organization and processes even faster, more efficient and ready for future challenges. His appointment is further evidence that SAP identifies young talent internally at an early stage and promotes them to management roles."

Klein said, "I look forward to driving consistent, continual digital transformation at SAP. The experience we gain on this journey benefits us, but ultimately benefits all our customers, who are also transforming to stay competitive in a digital future."

Christian Klein, 37, has served as COO of SAP since April 1, 2016. His role included optimization of internal processes, development of an automated and integrated IT infrastructure and controlling. Klein joined SAP in 1999 as a student. He holds a diploma in international business administration from the University of Cooperative Education in Mannheim, Germany.

SAP Extends Contract with Michael Kleinemeier
Additionally, the Supervisory Board of SAP SE has extended Michael Kleinemeier's Executive Board contract until December 31, 2019. Kleinemeier's contract was due to expire end of October 2018. Kleinemeier is responsible for Digital Business Services (DBS) Board area. "I am pleased by this vote of confidence by our Supervisory Board and am grateful for the opportunity to continue contributing to SAP's success story," said Kleinemeier.

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

About SAP
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 355,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2017 SAP SE. All rights reserved.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.


For customers interested in learning more about SAP products:
Global Customer Center: +49 180 534-34-24
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only:
Rajiv Sekhri, +49 6227-74871, [email protected], CET
Marcus Winkler, +49 6227-67497, [email protected], CET
SAP News Center press room; [email protected]


SAP Logo. (PRNewsFoto/SAP AG)

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