SAP, the prominent German software company, has officially nominated Finnish entrepreneur Pekka Ala-Pietila for the crucial role of Chair on its supervisory board. This significant decision follows the voluntary resignation of the current chair designate, Punit Renjen. Ala-Pietila, a distinguished former president of Nokia Corporation and a prior member of SAP’s supervisory board from 2002 to 2021, is poised to stand for election at the forthcoming general meeting, as communicated in the company’s official release.
Pekka Ala-Pietila’s Current Leadership Roles
Highlighting Ala-Pietila’s current engagements, his LinkedIn profile showcases his role as Chairman on the boards of Huhtamaki, a leading packaging company, Sanoma Corporation, a dynamic learning company, and the HERE Technology supervisory board.
Punit Renjen, a former CEO of Deloitte, is stepping down due to a “difference in perspective on the role of SAP Supervisory Board chair, which Punit Renjen was designated to assume,” as stated in SAP’s official communication. The statement, however, did not provide explicit details regarding the nature of this divergence in viewpoint.
The effective date of Punit Renjen’s resignation is scheduled for SAP’s next annual general meeting on May 15. Renjen was designated as the chairman in February of the preceding year, with the explicit purpose of succeeding the company’s co-founder Hasso Plattner after Plattner’s distinguished two-decade tenure concludes in May 2024.
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