Just a few weeks after his seemingly surprising retirement as head of the Dax group SAP, Bill McDermott has found a new task. Californian software company ServiceNow introduced the dazzling manager on Tuesday after the US close as new CEO and board member. McDermott is scheduled to start in late 2019. He takes over the top position of John Donahoe, who changes as the new CEO to the sporting goods giant Nike.
McDermott has been with SAP since 2002 and from 2014 as the sole CEO. His contract with the Walldorf software company actually ran until 2021, the reasons for his resignation were so far unclear. McDermott strongly aligned SAP with the lucrative cloud IT services and storage space on the Internet.
The shareholders of ServiceNow did not give the newcomer a warm welcome - the stock fell after the stock market initially with just under twelve percent in the min.
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