SAP News

SAP CEO-in-waiting to leave the firm - 29 Mar 2007 - IT Week: "In a statement, SAP chairman Hasso Plattner said: “I had shared with Shai my plan that he should become successor to Henning Kagermann as a co-CEO for SAP. With the extension of Henning’s contract to 2009, it became apparent that Shai was not comfortable committing to a 10-15 year period, which was not in keeping with his personal career timeline. Given this, I made the recommendation to the supervisory board that we change our plans and now adjust SAP’s executive management team responsibilities.”
Agassi will stay on as a consultant to the board but the majority of his time will be spent on other projects, including the development of new energy sources, environmental policy and the future of his native Israel."