SAP AG’s longtime technology head Vishal Sikka is leaving as Bill McDermott reorganizes the management team ahead of his ascension to sole chief executive officer of the largest maker of business-management software.
Bloomberg Markets’ inaugural list of the world’s richest people showcases the billionaires who pull the levers on the global economy. Their net worth totals $2.7 trillion, about the size of the gross domestic product of France, the fifth-biggest economy on the planet.
Infosys Ltd.’s Vishal Sikka says he sees the chance to transform the world with software. First, he may need to transform the Indian outsourcing company that just hired him to be its chief executive officer.
SAP AG’s Bill McDermott, who became the German company’s sole chief executive officer today, is counting on the leadership change to speed decision-making at the software maker trying to accelerate growth.
Hasso Plattner, the co-founder and chairman of SAP AG, the world’s largest maker of business management software, said that he would donate all of the assets in his foundation to Bill Gates’s Giving Pledge.