This morning, SAP’s Bill McDermott announced he would be stepping down as CEO of the company. Jennifer Morgan and Christian Klein would follow as co-CEOs, with a handover period until end of this year. Jennifer and Christian are the youngest CEOs and will certainly drive forward the companies transformation. This is the official announcement:
![Bill McDermott, Jennifer Morgan and Christian Klein](https://www.nomorecubes.net/wp-content/uploads/2019/10/sap-20191010-v2_news_center_1920_0600-e1570788462817.jpg)
Bill McDermott is stepping down as CEO of SAP. SAP Executive Board Members Jennifer Morgan and Christian Klein have been appointed co-CEOs. Read the news.
Source: SAP Sets Course with Next-Generation Leadership Team | SAP News