SAP has a new succession plan

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The changing of the guard at the top of SAP’s supervisory board is anything but smooth. The German software company has announced that Punit Renjen, who it originally intended would become chairman of the supervisory board, is to be replaced. They have mutually decided to go their separate ways, SAP said in a statement. The reason given for the sudden separation was “a difference in perspective” about the role of the future chairman of the supervisory board. At SAP’s Annual General Meeting on May 15, 2024, Renjen will also step down from his seat on the company’s supervisory board, which he on…

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