SAP North America Appoints Greg Petraetis to Lead Mid-Market Business and Drive Cloud Customer Growth


NEWTOWN SQUARE, Pa. — SAP North America, a subsidiary of SAP SE (NYSE: SAP), today announced that industry leader Greg Petraetis has assumed the role of head of Mid-Market and Partner Ecosystem in North America.

While the SMB market represents more than 80 percent of SAP North America’s customers, the mid-market business segment specifically continues to exert a huge influence on the global economy, driving innovation and technology adoption. In his new role, Petraetis will be responsible for bringing SAP’s mid-market business to the next level of success as it presents remarkable cloud growth opportunities for SAP. In 2018 alone, the organization brought in close to 250 new customers for North America, making it the region’s fastest net-new customer growth acquisition engine. Among these customers were Rivian and Key Food Co-Operative Member Stores.

“Through more than 20 years of software sales and leadership experience — most recently as COO of the Mid-Market Business segment — Greg has built a reputation for his operational excellence, his effectiveness in building a winning team culture and his laser focus on customer success,” said DJ Paoni, president of SAP North America. “Greg’s appointment reflects SAP’s dedication to the mid-market, a segment defined by its first-mover mentality and a key driver of innovative growth in North America.”

Petraetis will be responsible for all facets of the organization’s operations and will apply his deep industry experience in analytics, business intelligence, data management and behavioral applications to help bring mid-market customers to the next level of success. He will lead efforts to drive growth in this business through SAP North America channel partners.

Visit the SAP News Center. Follow SAP on Twitter at @sapnews and @SAPPartnerEdge, and Greg Petraetis at @petraetis.

Media Contact:
Jackie M. Suarez, +1 (786) 325-0568, jackie.montesinos.suarez@sap.com, ET

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.
© 2019 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 https://www.sap.com/copyright for additional trademark information and notices.