August 7th, 2007
WALLDORF - July 31, 2007 - SAP today announced that Volker Merk will take over management of SAP Deutschland AG & Co. KG as new managing director effective October 15.
Stefan Höchbauer, who had been managing director of SAP in Germany, chose to terminate his employment at SAP due to personal reasons effective immediately. Stefan Höchbauer joined SAP in 2005.
Ferri Abolhassan, executive vice president, Large Enterprise, SAP EMEA, will be the interim managing director of SAP Germany.,p> “I certainly regret Stefan Höchbauer’s decision very much,” said Ernie Gunst, Corporate Officer and member of the SAP Executive Council. “I would like to thank him for his great performance at SAP. We shared the same commitment to transform SAP Germany into a central element of our European sales organization.”
Volker Merk has been with SAP for 13 years and has held various international management positions within the company. In his last role, he was managing director of SAP Switzerland.
About SAP
SAP is the world’s leading provider of business software*. More than 41,200 customers in more than 120 countries run SAP® applications—from distinct solutions addressing the needs of small and midsize enterprises to suite offerings for global organizations. Powered by the SAP NetWeaver® platform to drive innovation and enable business change, SAP software helps enterprises of all sizes around the world improve customer relationships, enhance partner collaboration and create efficiencies across their supply chains and business operations. SAP solution portfolios support the unique business processes of more than 25 industries, including high tech, retail, financial services, healthcare and the public sector. With subsidiaries in more than 50 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE under the symbol “SAP.” (Additional information at )
(*) SAP defines business software as comprising enterprise resource planning and related applications such as supply chain management, customer relationship management, product life-cycle management and supplier relationship management.
http://www.sap.com/company/press/press.epx?pressid=8099
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