Just days after the surprising news that Léo Apotheker had resigned as CEO and member of the SAP Executive Board, the troubled software house has announced that it has accepted the resignation of John Schwarz, member of the Executive Board responsible for SAP BusinessObjects, Ecosystem & Corporate Development – also with immediate effect.
Hasso Plattner, chairman of the SAP Supervisory Board, said “We regret that John Schwarz has decided to leave the company. He has been instrumental in achieving the successful integration of Business Objects into SAP in record time and helping to build out SAP’s market leadership in business intelligence. We would like to thank John for his dedication and contribution to SAP and wish him well for his future endeavors.”
“I am very proud of all that we achieved as Business Objects and the continued success of our portfolio since our acquisition by SAP,” said John Schwarz. “With the new SAP leadership team in place, the future of SAP is in capable hands. My decision to leave gives me an opportunity to step back and think through how I can continue to contribute to an industry of which I have been part for 38 years. I am proud of what we have accomplished and confident about the future direction of the company, and I strongly believe that SAP BusinessObjects will play a vital role in SAP’s future success.”
