Punit Renjen, presented last year as Hasso Plattner’s successor, will not take the position as chairman of the supervisory board after all. The ERP vendor is now appointing the former chairman of Nokia Oyj, Pekka Ala-Pietilä, to this role.
SAP founder Hasso Plattner will step down as chairman in May. Last year, SAP announced that Punit Renjen, executive of accounting and consulting firm Deloitte, would take over the role. Renjen is currently vice chairman of the board.
Disagreement over job performance
SAP now announces that it is parting ways with Renjen because of a difference of opinion on the performance of the position. More details are unknown, but the decision is said to be by mutual agreement. Punit Renjen will also end his membership in the board at SAP at this year’s shareholder meeting in May.
Plattner’s successor will now be Pekka Ala-Pietilä, who came from Finland’s Nokia Oyi. He was previously a member of the board at SAP. Among other things, the Finn was chairman of the board at Nokia between 1999 and 2005.
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