Yet another change at the top management level at SAP. This is not good. It was only in October 2019 that she and Christian Klein were appointed to succeed Bill McDermott.
Barely 6 months later, she leaves the company. Her contract ends at the end of April. It was not until the beginning of the year that areas were reorganized. The areas of customer satisfaction and product management were reorganised.
The announcement came today via the ticker. SAP Investor Relations (on April 20, 2020 by SAP News) announced “SAP Co-Chief Executive Officer Christian Klein Continues as CEO, Jennifer Morgan Departs.
The announcement begins with the statement: “More than ever before, the current environment requires companies to act quickly and decisively, best supported by a very clear management structure. Therefore, the decision to move from the Co-CEO to the sole CEO model was taken earlier than planned to ensure strong, clear leadership in times of unprecedented crisis”.
Unfortunately, at the moment one gets the impression of weak leadership. I guess the harmony of the duet wasn’t the harmony that was played. It was all for show? There’s a rumour going around that there’s been some coordination problems. The reorganization was at the expense of J. Morgan. Maybe Bob Stutz, who also recently came from Salesforce and took over the cloud business, has also become too strong.
Change at the top management level at SAP
Der Spiegel writes that this is more of an early replacement. Hasso Plattner wrote to employees that the Corona crisis forced the supervisory board to bring forward this step. This does not sound conclusive.
Who knows? Sooner or later the truth will come out anyway. SAP is too big for that, and the “grapevine” won’t tell the truth.
Salesforce, Microsoft, Oracle, Marketo or Adobe will rub their hands together. As long as the big competitor deals with itself, you can go about your own business.
Above all, SAP’s race to catch up, which has been proclaimed for years, with the aim of chasing market share away from Salesforce, is likely to be postponed once again. However, the quarterly figures do show a positive development, as the Handelsblatt summarizes.
And SAP customers, in particular, are probably beginning to feel insecure as to whether SAP management is on the wrong track. The resignation is certainly not going down well at the moment. But, and we have to admit this to SAP, every crisis offers an opportunity.
We are watching developments with interest.
Note: This is a machine translation. It is neither 100% complete nor 100% correct. We can therefore not guarantee the result.