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Corporate Governance Fundamentals

Corporate Governance Statement

The German Commercial Code, section 289a, requires that as a listed company, SAP SE publish a corporate governance statement either as part of our management report or on our Web site. The Executive Board of SAP SE filed the corporate governance statement on February 24, 2016, and published it on our public Web site at

For more information about the corporate governance of SAP, see the Corporate Governance Report section.

Changes in Management

On January 9, 2015, Michael Kleinemeier and Steve Singh were appointed to the Global Managing Board, with immediate effect. Steve Singh, CEO of Concur, is responsible for our business network strategy. Michael Kleinemeier led service and support efforts worldwide. As of November 1, 2015, Michael Kleinemeier was appointed to the Executive Board and assumed sole responsibility for the Global Service & Support organization.

With effect from July 15, 2015, the Executive Board appointed Quentin Clark to the Global Managing Board. He became our new chief business officer as of October 1, 2015.

On November 1, 2015, Gerhard Oswald assumed responsibility for our new Product Quality & Enablement organization.

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