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SAP co-CEO Morgan departs, leaving Klein to fly solo

SAP co-CEO Jennifer Morgan has agreed to leave the company by April 30. The move is said to be a mutual agreement between Morgan and the SAP Executive Board.

Co-CEO Christian Klein will remain as sole CEO and member of the executive board.

“More than ever, the current environment requires companies to take swift, determined action which is best supported by a very clear leadership structure. Therefore, the decision to transfer from co-CEO to sole CEO model was taken earlier than planned to ensure strong, unambiguous steering in times of an unprecedented crisis,” said the company in a press release announcing the news.

Morgan joined SAP in 2004 and held several executive positions with the company, including heading the global sales organization and Cloud Business Group, which consists of Qualtrics, SAP SuccessFactors, SAP Ariba, SAP Fieldglass, SAP Customer Experience, and SAP Concur. She was named to the SAP Executive Board in 2017 and was promoted to co-CEO along with Klein in October 2019 upon the sudden departure of longtime CEO Bill McDermott.

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