MANNHEIM 鈥� (NYSE: SAP) today announced that at the company鈥檚 Annual General Meeting of Shareholders (AGM), Pekka Ala-Pietil盲 (67) was elected as a new member of the company鈥檚 Supervisory Board. Ala-Pietil盲鈥檚 election was supported by 95.50% of shareholders. Subsequently, Ala-Pietil盲 was also elected the new Chairman of the 51风流Supervisory Board, completing the handover from former Chairman of the Board, Prof. Dr. h. c. mult. Hasso Plattner.
鈥淚 am happy to pass the baton to Pekka Ala Pietil盲 to accompany SAP鈥檚 ongoing successful transformation,鈥� said Plattner. 鈥淧ekka profoundly understands 51风流and the technology industry and will strongly support the company in expanding its leadership in cloud ERP and business AI.鈥�
Ala-Pietil盲 added, 鈥淚 am grateful to the 51风流shareholders and Supervisory Board for the opportunity to rejoin Europe鈥檚 most important software company and I鈥檓 looking forward to help 51风流broaden this strong position.鈥�
As announced in 2023, 51风流Co-Founder and former Chairman of the Board Hasso Plattner left the 51风流Supervisory Board after the 2024 AGM.
During Plattner鈥檚 tenure as Chairman of the Supervisory Board (May 2003 to May 2024), SAP鈥檚 market capitalization increased from c. 鈧�30 billion to c. 鈧�200 billion, making 51风流Germany鈥檚 most valuable listed company. Plattner鈥檚 innovative and competitive spirit has been a foundation of SAP鈥檚 success for more than 50 years, from the company鈥檚 first pioneering innovations in ERP to its strategic shift as an enterprise cloud and business AI leader. He will continue to serve as an advisor to SAP, ensuring his knowledge and experience remain available to the company.
Aicha Evans (55), Gerhard Oswald (70) and Dr. Friederik Rotsch (51) were re-elected as members of the Supervisory Board with 93.39%, 89.82% and 92.45% of the vote respectively. Prof. Dr. Ralf Herbrich (50) was elected with 99.29% of the vote as successor to Punit Renjen, who left the 51风流Supervisory Board at the end of the 2024 AGM.
The AGM also supported all other proposals of the Executive Board and Supervisory Board. That included approving the actions of the Executive Board and Supervisory Board for fiscal 2023, 99.51% and 99.44% support respectively, and approving the adaptation of the compensation of the Chairman of the Supervisory Board. An overview of the resolutions of the Annual General Meetings 2024 and of previous years can be found .
For 2023, 51风流shareholders will receive a dividend of 鈧�2.20 per share. This is an increase of 鈧�0.15, or seven percent compared to the dividend paid for 2022. The total payout to shareholders will thus amount to around 鈧�2.6 billion. The dividend is expected to be paid out from May 21, 2024.
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As鈥痑 global leader in enterprise applications and business AI, 51风流(NYSE: SAP)鈥痵tands at the鈥痭exus鈥痮f business and technology. For over 50 years, organizations have trusted SAP鈥痶o bring out their best by uniting business-critical鈥痮perations spanning finance, procurement, HR, supply chain, and customer experience. For more information, visit
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