The Supervisory Board of SAP AG has extended Gerhard Oswald’s Executive Board contract until December 31, 2016. Oswald’s contract was due to expire in mid-2014. Oswald is responsible for the Scale, Quality & Support (SQ&S) Board area.

Oswald also heads the SAP Labs Network together with fellow Executive Board member, Vishal Sikka. Within his Board area, Oswald is additionally responsible for the operations of the new SAP HANA Enterprise Cloud unit to meet the growing customer demand for SAP HANA. The extension of Oswald’s contract underscores the stability and continuous improvement of innovative support offerings for real-time business transactions.

“I am delighted by this vote of confidence by our Supervisory Board and am grateful for the opportunity to continue contributing to SAP’s success story,” said Oswald.

A graduate of business administration, Oswald joined SAP in 1981 was appointed a member of the SAP Executive Board in 1996. The goal of the SQ&S Board area is to ensure product quality, improve customer satisfaction and drive innovation by continually optimizing and simplifying products and processes.

Contacts:
Alicia Lenze, +49 (6227) 7-40445, alicia.lenze@sap.com, CET
Stefan Gruber, Investor Relations, +49 (6227) 7-44872, investor@sap.com, CET