SAP’s CEO-to-be resigns
Agassi, 39, was leaving on April 1 "by mutual agreement with the company … to more quickly commit himself to his personal agenda of environmental policy and alternative energy sources, and other issues," SAP said in a statement.
"While we regret Shai’s decision to leave, we congratulate him on his record of achievement at SAP," said supervisory board chief and one of the company’s co-founder, Hasso Plattner.
"I had shared with Shai my plan that he should become successor to Henning Kagermann as a co-CEO for SAP. With the extension of Henning’s contract to 2009, it became apparent that Shai was not comfortable committing to a 10-15 year period which was not in keeping with his personal career timeline.
"Given this, I made the recommendation to the supervisory board that we change our plans and now adjust SAP’s executive management team responsibilities," Plattner said. Leo Apotheker, head of sales, had been appointed deputy CEO of the group, SAP added.
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