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Tuesday, 23 July 2013 11:32

Breaking News: End of SAP’s Dual Leadership Structure Featured

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SAP Co-CEO to Step Down From Role and Join Supervisory Board

SAP co-CEO Jim Hagemann Snabe, 48, will move from executive board to supervisory board next year, leaving American co-CEO Bill McDermott, 50, as sole chief. In 2010, Snabe and McDermott took over as SAP's leaders from long-time CEO Leo Apotheker. Snabe has been an executive board member for five years.

Snabe has overseen the growth of SAP's business that included acquisitions of SuccessFactors, Sybase and Ariba and the release of the HANA in-memory database platform. He has been with the company for more than 20 years, holding various management positions in sales and development, including Managing Director of the SAP Nordic region and General Manager for industry solutions development globally. Snabe has worked for SAP since 1990, excluding a stint at IBM Denmark from 1994 to 1996. He has served on the Board of Mannaz A/S until 2009 and on the Supervisory Board of Crossgate AG until 2010. He is Member of the Board of Linkage A/S and Thrane & Thrane A/S.

Date: July 23, 2013

Read 12494 times Last modified on Monday, 06 July 2020 16:28
Dora Vell

Dora Vell is the Managing Partner of Vell Executive Search, a boutique executive search firm in Boston focused on recruiting technology executives and board members. Vell has successfully completed numerous board member and C-level executive searches, including CEOs, COOs, CIOs, and Vice Presidents - at both public and private companies.

Prior to founding the firm in 2005, Vell was a Partner at Heidrick & Struggles' Technology practice for seven years.  Before her career in executive search, she worked at IBM for 11 years, managing software engineering organizations of 100 people and software sales organizations with revenues of $150 million. She has also served as an executive assistant to the CEO of IBM Canada for one year.

Vell holds seven worldwide software patents. She has published several Business of Leadership reports on governance and leadership and has been quoted in numerous articles including The Wall Street Journal, Forbes, Business Week, Fortune, Agenda Week, MSNBC, Mass High Tech, the OPUS for the World Economic Forum, Boston Business Journal, The Globe & Mail, CIO Magazine, and IEEE. She also has been a featured speaker on leadership at numerous conferences and at Columbia University's MBA program.

Vell is a member of the National Association of Corporate Directors (NACD), the Boston CEO Roundtable. She has served on the boards of Framingham State, Entrepreneur's Organization, Goodwill, Mary Centre for developmentally handicapped adults, garage.ca, and RBC Capital Partners.

She has received an MBA from the University of Toronto, a Master in Computer Science from the University of Waterloo, and a Bachelor in Computer Science from Carleton. She has also completed the MIT Entrepreneurial Master’s program.

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