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.
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