WALLDORF, Germany — SAP SE (NYSE:SAP) has announced an interim management team for SAP Africa after four management team members were placed on administrative leave pending the outcome of an investigation into allegations of misconduct within the procurement process related to one of its contracts.
The new management team comprises of Ashley Boag as Acting Chief Operating Officer; Peter David, Chief Financial Officer for SAP EMEA and now acting CFO for Africa; local ICT industry veteran Pieter Bouwer as South African MD; and Claas Kuehnemann as Acting Managing Director, SAP Africa. The rest of the management team reports to Kuehnemann.
Kuehnemann said the priority is to ensure the business continues to focus on driving revenue and growth across its local operations. “It is important to us that all SAP staff, clients, and partners have the support they need, and that business continues uninterrupted. We have appointed a strong leadership team to ensure that our usual standards of service and strategic support are upheld.”
SAP announced last week that Kuehnemann will take on the role of acting managing director for Africa with immediate effect while the company conducts its investigation into its South African operations. Claas joined SAP in South Africa in 1992 and has held executive positions for SAP in South Africa, Europe and the Middle East.
For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.
Media Contacts:
Rajiv Sekhri, +49 (6227)-774871, rajiv.sekhri@sap.com, CET
Ansophie Strydom, +27 (11)-2356070, a.strydom@sap.com, CET
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.
© 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.
