SAP News

SAP signs Kagermann through '09 InfoWorld News 2007-02-15 By Nancy Weil, IDG News Service: "Kagermann turns 60 in July and the company's personnel policy requires that contracts of members of the executive board at and beyond that age be renegotiated with the supervisory board. His upcoming birthday and the need to negotiate his contract had fueled speculation that Léo Apotheker, SAP board member and president of global field operations, and Shai Agassi, president of the product and technology group, would take over as a dual-CEO team. "