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Angelika Dammann Resigns from SAP Executive BoardWALLDORF, Germany, July 8, 2011 /PRNewswire via COMTEX/ -- SAP AG (NYSE: SAP) today announced that Dr. Angelika Dammann, member of the SAP Executive Board responsible for Human Resources, has decided to leave SAP for personal reasons. The company's supervisory and executive boards have regret, but accept her decision. (Logo: http://photos.prnewswire.com/prnh/20110126/AQ34470LOGO) "We thank Angelika Dammann for her contributions and dedication during the course of SAP's transformation and our return to growth," said Hasso Plattner, chairman of the SAP Supervisory Board. "In just a short time, she introduced strategically important employee programs and raised the topic of diversity to central relevance at SAP. She also played a key role in setting the ambitious targets that SAP now strives for in advancing the role of women in management. We regret her decision and respect her wish to dedicate more time to her family, and we wish her much success for the future." On a provisionary basis, SAP CFO Werner Brandt assumes the duties of Dammann's global HR leadership and labor relations role. About SAP As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device - SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 170,000 customers (includes customers from the acquisition of Sybase) to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com. Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates. Copyright © 2011 SAP AG. All rights reserved. SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary. Follow SAP on Twitter at @sapnews. For customers interested in learning more about SAP products:Global Customer Center: +49 180 534-34-24United States Only: 1 (800) 872-1SAP (1-800-872-1727) For more information, press only:SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; [email protected] Dever, SAP, +1 (610) 661-2161, (EST) [email protected] Liedtke, SAP AG, +49 (6227) 7-50383, CET [email protected] For more information, financial community only:Stefan Gruber +49 (6227) 7-44872 [email protected], CETMarty Cohen +1 (212) 653-9619 [email protected], EDT SOURCE SAP AG |