SAP’s outgoing co-CEO, Jim Hagemann Snabe, has been appointed as a member of Siemens’ Supervisory Board.
Snabe recently announced that he would be stepping down from his leadership role at SAP and will be leaving Bill McDermott as sole CEO at the software giant, after his departure in May next year.
Snabe and McDermott were appointed co-CEOs in February 2010, but Snabe has been working for SAP since 1990.
He will now replace Josef Ackermann, who is leaving the Siemens board at his own request. Siemens hopes that Snabe will be useful in advising on the “digitalisation” of its core business.
"In view of the growing strategic importance of digitalisation for Siemens' core businesses, we are adding to the technology and software competence of the Supervisory Board with the appointment of Jim Hagemann Snabe,” said Gerhard Cromme, Chairman of the Supervisory Board of Siemens.
“We are gaining an internationally respected expert in this area. I am looking forward to working with him.”
Following the announcement of Snabe’s departure from SAP, the chairman for the UK & Ireland SAP User Group urged that the company not lose focus on product development.
Philip Adams said: “During their joint tenure Jim has been seen as the product guy and Bill as the sales guy, so it will be interesting to see if further changes are made to ensure there continues to be the same level of focus on product and customer value.”
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