WALLDORF, Germany — The Supervisory Board of SAP SE (NYSE: SAP) recommends Diane Greene, Chief Executive Officer of Google Cloud, Google LLC, USA, and member of the board of directors, Alphabet, Inc., as candidate for by-election to the SAP Supervisory Board.
Shareholders of SAP will vote on the by-election of Ms. Greene at the Annual General Meeting of Shareholders on May 17, 2018, in Mannheim, Germany. Ms. Greene is proposed as successor to Prof. Klaus Wucherer, who has decided to resign from the Board effective as of the close of this year’s Annual General Meeting.
“I would like to thank Prof. Wucherer for his many years of service to SAP,” said Prof. Hasso Plattner, Chairman of the SAP Supervisory Board. “With Diane Greene, we hope to gain a further independent expert on our Board. Her software industry expertise and insight will be a great asset.”
This candidate has been nominated in addition to the following previously announced candidates for by-elections to the SAP Supervisory Board:
- Aicha Evans, Senior Vice President and Chief Strategy Officer of Intel Corporation, USA, who was appointed SAP Supervisory Board member by Mannheim District Court in June 2017
- Dr. Friederike Rotsch, Group General Counsel and Head of Group Legal & Compliance of Merck KGaA, who is proposed to replace Prof. Wilhelm Haarmann
- Gerhard Oswald, former Executive Board member, SAP, who is proposed to replace Prof. Anja Feldmann from January 1, 2019, after the expiration of the statutory two-year cooling-off period for prior Executive Board members
With these candidates, the SAP Supervisory Board recommends personalities with deep competencies aligned with the Profile of Skills and Expertise prepared by the Supervisory Board and reduces the average tenure on the Board. Furthermore, with the nomination of Mr Gerhard Oswald, a well-respected expert with deep knowledge of SAP, the Supervisory Board aims to ensure that this knowledge remains available to the Board.
Details on the candidates for the by-elections to the SAP Supervisory Board will be published in early April 2018 together with the invitation to this year’s Annual General Meeting.
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 378,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.
For more information, press only:
Rajiv Sekhrii, +49 (6227) 7-74871, firstname.lastname@example.org, CET
Marcus Winkler, +49 (6227) 7-67497, email@example.com, CET
Daniel Reinhardt, +49 (6227) 7-40201, firstname.lastname@example.org, CET
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)
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 e-mail links and subscribe to RSS feeds from SAP TV.
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.
© 2018 SAP SE. All rights reserved.
No part of this publication may be reproduced or transmitted in any form or for any purpose without the express permission of SAP SE. The information contained herein may be changed without prior notice.
Some software products marketed by SAP SE and its distributors contain proprietary software components of other software vendors. National product specifications may vary.
These materials are provided by SAP SE and its affiliated companies (“SAP Group”) for informational purposes only, without representation or warranty of any kind, and SAP Group shall not be liable for errors or omissions with respect to the materials. The only warranties for SAP Group products and services are those that are set forth in the express warranty statements accompanying such products and services, if any. Nothing herein should be construed as constituting an additional warranty.
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE (or an SAP affiliate company) in Germany and other countries. Please see https://www.sap.com/corporate/en/legal/copyright.html for additional trademark information and notices.