SAP AG: SAP Returns to Co-CEO Structure with Bill McDermott and Jim Hagemann Snabe

SAP AG / Change of Personnel

07.02.2010 19:58 

Dissemination of an Ad hoc announcement according to § 15 WpHG,
transmitted by
DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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SAP Returns to Co-CEO Structure with Bill McDermott and Jim Hagemann Snabe

Léo Apotheker's Contract Will Not Be Extended Based on Mutual Agreement

Walldorf, February 7, 2010. SAP AG (NYSE: SAP) announced today that the SAP
Supervisory Board has reached a mutual agreement with CEO Léo Apotheker not
to extend his contract as a member of the SAP Executive Board. Léo
Apotheker has resigned as CEO and member of the SAP Executive Board
effective immediately.

The SAP Executive Board, in agreement with the SAP Supervisory Board, has
appointed two Co-CEOs: Bill McDermott, head of field organization and Jim
Hagemann Snabe, head of product development, both already members of the
SAP Executive Board.

In addition, Vishal Sikka, Chief Technology Officer, has been appointed to
the SAP Executive Board. At the request of the SAP Supervisory Board, Hasso
Plattner, Co-Founder of SAP and Chairman of the SAP Supervisory Board, will
continue to play a strong role in advising the new leaders on technology
and product development.

'The new setup of the SAP Executive Board will allow SAP to better align
product innovation with customer needs. The new leadership team will
continue to drive forward SAP's strategy and focus on profitable growth,
and will deliver its innovations in 2010 to expand SAP's leadership of the
business software market,' said Hasso Plattner.

The SAP Supervisory Board thanks Léo Apotheker for his enormous
contribution to the success of SAP, which he joined more than 20 years ago,
and wishes him all the best for the future.


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Information and Explaination of the Issuer to this News:

The Company will host a call for media and analysts tomorrow, Monday
February 8, 2010 at 2:30 pm CET /8:30 am EST. The call will be webcast live
on the Company's website (www.sap.com).

Dial-in numbers are as follows:

Conference ID # 55980679

From Germany:
0800 180 8316 or
+49 69 2222 4728

From the UK:
0800 051 3806 or
+44 20 8602 0818

From the US:
+1 800 573 1506 or
+1 973 200 3368


Replay number:
+1 800 642 1687 or
+1 706 645 9291
Conference ID # 55980679

Any statements contained in this document that are not historical facts are
forward-looking statements as defined in the U.S. Private Securities
Litigation Reform Act of 1995. Words such as 'anticipate,' 'believe,'
'estimate,' 'expect,' 'forecast,' 'outlook,' 'intend,' 'may,' 'plan,'
'project,' 'predict,' 'should' and 'will' and similar expressions as they
relate to SAP are intended to identify such forward-looking statements. SAP
undertakes no obligation to publicly update or revise any forward-looking
statements. All forward-looking statements are subject to various risks and
uncertainties that could cause actual results to differ materially from
expectations. The factors that could affect SAP's future financial results
are discussed more fully in SAP's filings with the U.S. Securities and
Exchange Commission ('SEC'), including SAP's most recent Annual Report on
Form 20-F filed with the SEC. Readers are cautioned not to place undue
reliance on these forward-looking statements, which speak only as of their
dates.

07.02.2010 19:58 Ad hoc announcement, Financial News and Media Release
distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      SAP AG
              Dietmar-Hopp-Allee 16
              69190 Walldorf
              Deutschland
Phone:        +49 (0)6227 - 74 74 74
Fax:          +49 (0)6227 - 75 75 75
E-mail:       investor@sap.com
Internet:     www.sap.com
ISIN:         DE0007164600
WKN:          716460
Indices:      DAX
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              Stuttgart; Freiverkehr in Düsseldorf, Hannover, München,
              Hamburg; Terminbörse EUREX; Foreign Exchange(s) NYSE
 
End of News                                     DGAP News-Service
 
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