SAP Supervisory Board Appoints Thomas Saueressig as New Executive Board Member to Lead SAP Product Engineering

WALLDORF, Germany, Oct. 24, 2019 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced the appointment of Thomas Saueressig to the SAP Executive Board effective November 1, 2019. Saueressig will continue to lead SAP Product Engineering. This new board area includes SAP S/4HANA®, SAP® Digital Supply Chain, and SME and industry solutions. In addition, Saueressig is responsible for the SAP User Experience and the SAP Knowledge and Education organizations, SAP Labs Network and Global Cloud Services. Furthermore, he will take on responsibility for SAP HANA® Enterprise Cloud. Saueressig and his team will be at the forefront of helping all SAP customers realize the vision of becoming intelligent enterprises through innovation and integration.

"Thomas Saueressig has been with SAP for 15 years and has the skills and experience needed to make SAP and our customers best-run enterprises," said Professor Hasso Plattner, chairman of the Supervisory Board of SAP SE. "He is a role model for customer and end-user centricity. I am once again proud that SAP identifies young talent internally, challenges them and then promotes them."

Saueressig said, "I thank the supervisory board and our executive board for their trust and belief in my team's ability to successfully drive the future of SAP and our customers. I am honored and happy and fully aware of our mission – to build and run solutions that are at the heart of the Intelligent Enterprise."

Saueressig, 34, who has been appointed to the Executive Board for a three-year term until October 31, 2022, joined SAP in 2004 as a student. He moved up in the ranks to become SAP's chief information officer in 2016. Earlier this year, he moved to the product side in his role as head of SAP Product Engineering. He was included in Fortune's "40 Under 40" list in 2016. He has a degree in business information technology from the University of Cooperative Education in Mannheim (Germany) and a joint executive MBA from ESSEC (France) and Mannheim Business School (Germany).

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As the Experience Company powered by the Intelligent Enterprise, SAP is the market leader in enterprise application software, helping companies of all sizes and in all industries run at their best: 77% of the world's transaction revenue touches an SAP® system. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables more than 437,000 business and public customers to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

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