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SAP cloud business head quits after 27 years in latest top departure – Reuters

BERLIN (Reuters) – Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europes most valuable technology company reshapes its operations.

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski

Robert Enslin, who joined SAP in 1992 and had served on its board since 2014, had been tipped by some as a potential successor to Chief Executive Bill McDermott but has departed to take an unspecified opportunity elsewhere.

During his two-year tenure as head of the cloud business group, Enslin helped build out SAPs cloud portfolio, including its $8 billion deal last year to buy Qualtrics, which specialises in tracking online sentiment….

Read the full article at: https://www.reuters.com/article/us-sap-restructuring/saps-head-of-cloud-business-latest-top-departure-in-restructuring-idUSKCN1RI05F?il=0

Category: RestructuringBy Insolvency GuardianApril 7, 2019

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SAP cloud business head quits after 27 years in latest top departure – Reuters

BERLIN (Reuters) – Software company SAP said the head of its cloud business group had quit, the latest in a string of top departures as Europes most valuable technology company reshapes its operations.

FILE PHOTO: SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski

Robert Enslin, who joined SAP in 1992 and had served on its board since 2014, had been tipped by some as a potential successor to Chief Executive Bill McDermott but has departed to take an unspecified opportunity elsewhere.

During his two-year tenure as head of the cloud business group, Enslin helped build out SAPs cloud portfolio, including its $8 billion deal last year to buy Qualtrics, which specialises in tracking online sentiment….

Read the full article at: https://www.reuters.com/article/us-sap-restructuring/sap-cloud-business-head-quits-after-27-years-in-latest-top-departure-idUSKCN1RI05F

Category: RestructuringBy Insolvency GuardianApril 7, 2019

Post navigation

PreviousPrevious post:How a Newcastle high-interest finance company loan went from $500,000 to $7.3 million in two years – Newcastle HeraldNextNext post:Ginnie Graham: Federal government benefits from partnerships with effective nonprofits – Tulsa World

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July 17, 2024
SK Ecoplant to merge tech unit for group restructuring – Korea Economic Daily
July 16, 2024
Revenue negotiations on warehouse debt cited as reason for decline in small company restructurings, study says – The Irish Times
July 16, 2024
Over 200 jobs saved so far this year through small business restructuring process – Irish Examiner
July 15, 2024
Atos secures funding for rescue plan, lives to fight another day – The Register
July 15, 2024
McGrathNicol celebrates twenty years in business recovery – Consultancy.com.au
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