Top SAP Exec Jürgen Müller Resigns Over Misconduct, Third Board Exit Amid Challenges
September 4, 2024Jürgen Müller is set to leave the SAP board on September 30, 2024, following a mutual agreement with the supervisory board due to inappropriate behavior at a company event.
Müller publicly acknowledged his actions, expressing regret and taking full responsibility, stating that his behavior did not align with SAP's values.
CEO Christian Klein will also assume responsibility for most areas previously overseen by Müller.
SAP has been in the news for a planned job reduction, offering significant payments for employees considering early retirement.
Details regarding the incident that led to Müller’s resignation have not been disclosed by the company.
Pekka Ala-Pietilä, chairman of SAP's supervisory board, thanked Müller for his significant contributions to the company.
Müller’s resignation marks the third departure from SAP's board in a short time, following Scott Russell and Julia White's exits at the end of August 2024.
SAP is currently facing challenges, including a planned job reduction that has caused unrest among employees.
Müller’s departure comes just a month before SAP's major technical event, TechEd, scheduled for early October.
As one of the highest-paid executives at SAP, Müller earned €3.7 million in 2023, making him the third highest among board members.
In the interim, Michael Ameling, head of the BTP Foundation at SAP, will take over most of Müller’s responsibilities, while Thomas Saueressig will manage security and cybersecurity.
This resignation follows a series of changes in the board at SAP, a DAX-listed company.
Summary based on 11 sources
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Sources
Seeking Alpha • Sep 3, 2024
SAP CTO to leave at end of month after 'inappropriate behavior'The Register • Sep 3, 2024
SAP CTO bows out over 'incident' at company shindig