WALLDORF — SAP SE (NYSE: SAP) announced today that Claas Kuehnemann will step into the role of acting managing director for Africa while the company’s investigation into its South Africa business is conducted.
Kuehnemann, who has been with the company since 1992, will assume all managing director responsibilities across the company’s Africa portfolio, totaling 51 countries. His track record with SAP dates back more than two decades from when he first started at the newly formed SAP subsidiary in South Africa.
“Claas is a veteran SAP executive who has held various senior leadership positions throughout the company across different geographies – he has the full backing and trust of the SAP Executive Board,” said Adaire Fox-Martin, Executive Board member for Global Customer Operations, who earlier this week flew to South Africa to oversee the investigation and ensure complete business continuity.
Kuehnemann has held various executive roles at SAP, including senior vice president of Professional Services, overseeing SAP’s consulting business in EMEA based in Paris, managing director Africa, based in Johannesburg as well as managing director for the South-East Europe & Middle East region, based out of Dubai.
“The SAP Africa management team will continue to deliver on its promise to help African business run optimally,” said Kuehnemann. “My interim role is to support our employees, customers and partners across all our business sectors while the due diligence process is conducted.”
Peter David, regional chief financial officer, SAP EMEA, will support Kuehnemann as acting CFO of SAP Africa.
The company also announced that it had appointed multinational law firm Baker McKenzie to lead the external investigation in concert with other global experts such as forensic firm FTI Consulting.
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
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 350,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
Note to editors:
To preview and download broadcast-standard stock footage and press photos digitally, please visit www.sap.com/photos. On this platform, you can find high resolution material for your media channels. To view video stories on diverse topics, visit www.sap-tv.com. From this site, you can embed videos into your own Web pages, share video via email links, and subscribe to RSS feeds from SAP TV.
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:
Nicola Leske, +49 (6227) 750852, firstname.lastname@example.org, CET
Ansophie Strydom, +27 (11) 2356070, email@example.com, CET
SAP News Center press room; firstname.lastname@example.org
© 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.
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.