SAP Extends CEO Christian Klein’s Contract, Elevates Him To Chairman
Klein, who began his career at SAP as a student in 1999, has played a pivotal role in steering the company’s shift towards cloud-based technologies
Tech giant SAP has extended CEO Christian Klein’s contract until the end of 2028. Klein has also been appointed as the chairman of the executive board on Monday.
Klein, who began his career at SAP as a student in 1999, has played a pivotal role in steering the company’s shift towards cloud-based technologies. Since being named the sole CEO in April 2020, Klein has led significant transformations within the company, transitioning from its traditional base of on-premises software solutions to a more dynamic, cloud-oriented business model.
Hasso Plattner, chairman of the supervisory board and a co-founder of SAP, praised Klein's visionary approach. “I would like to thank Christian Klein for his outstanding contribution to SAP’s success. With the early extension of his contract and a further strengthening of his position, we are clearly underlining his important role in SAP’s ongoing transformation. We are convinced that this will lay the foundation for SAP’s continued growth in a highly dynamic IT industry,” he said.
Klein’s experience at SAP includes roles such as chief financial officer of SAP SuccessFactors and chief controlling officer before his appointment as CEO.
“I would like to thank the SAP Supervisory Board for their trust in me. I look forward to continuing the strong cooperation with my SAP Executive Board colleagues as well as our employees, partners, customers and investors,” said Klein in a statement.
