Schwarz Resigns, Oswald New COO

Business-Objects-Chef John Schwarz muss gehen, Gerhard Oswald springt ein.
Leaving SAP: John Schwarz, CEO of BusinessObjects. Gerhard Oswald named new SAP COO.

In support of the recent appointments of Co-CEOs Jim Hagemann Snabe and Bill McDermott, SAP today announced subsequent changes to its Executive Board and management structure. In today’s meeting of the SAP Supervisory Board the following decisions were made

  • The SAP Supervisory Board has accepted the resignation of John Schwarz, member of the Executive Board responsible for SAP BusinessObjects, Ecosystem & Corporate Development, effective immediately.
  • Gerhard Oswald, Executive Board member responsible for SAP Global Service & Support, has also been named chief operating officer, replacing Erwin Gunst, who stepped down for health reasons. Oswald’s nearly thirty-year career at SAP has spanned the areas of support, consulting, education, custom development, and quality control. He has been an Executive Board member since 1996. His contract has been extended until December 31, 2011.
  • In addition, Peter Lorenz, executive vice president of Small and Midsize Enterprises (SME), has been named a corporate officer.  He will continue to report to Co-CEO Jim Hagemann Snabe, overseeing the development of the SAP portfolio of SME solutions, SAP Business ByDesign, SAP Business One and SAP Business All-in-One.

“The new composition of the SAP Executive Board and management changes will support the leadership structure of the co-CEOs announced earlier in the week,” said Hasso Plattner, chairman of the SAP Supervisory Board. “We regret that John Schwarz has decided to leave the company. He has been instrumental in achieving the successful integration of Business Objects into SAP in record time and helping to build out SAP’s market leadership in business intelligence. We would like to thank John for his dedication and contribution to SAP and wish him well for his future endeavors.”

“I am very proud of all that we achieved as Business Objects and the continued success of our portfolio since our acquisition by SAP,” said John Schwarz. “With the new SAP leadership team in place, the future of SAP is in capable hands. My decision to leave gives me an opportunity to step back and think through how I can continue to contribute to an industry of which I have been part for 38 years. I am proud of what we have accomplished and confident about the future direction of the company, and I strongly believe that SAP BusinessObjects will play a vital role in SAP’s future success.”

The SAP Executive Board now is comprised of:

SAP-Vorstand: Jim Hagemann-Snabe und Bill McDermott (CEOs), Gerhard Oswald (COO), Werner Brandt (CFO) und Vishal Sikka (CTO).
SAP Executive Board: Jim Hagemann Snabe and Bill McDermott (Co-CEOs), Gerhard Oswald (COO), Werner Brandt (CFO), and Vishal Sikka (CTO).
  • Co-CEOs: Bill McDermott, Jim Hagemann Snabe
  • COO: Gerhard Oswald
  • CFO: Werner Brandt
  • CTO: Vishal Sikka
  • Read more:

  • Apotheker Leaves SAP
  • Jim Snabe: “This is no longer your grandmother’s SAP”