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SAP CEO Apotheker Steps Down

Monday, February 8, 2010

SAP CEO Leo Apotheker has resigned after the board voted not to renew his contract, which would have expired at the end of the year, reports Bloomberg. Executive board members Bill McDermott and Jim Hagemann Snabe are to share the helm at the German software maker. The Wall Street Journal refers to McDermott as head of field organization and Snabe as head of product development.

Article sourced from www.itbusinessedge.com, click here to read full story.

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