SAP to create new board division focused on cloud growth


FILE PHOTO The logo of German software group SAP is pictured at the headquarters of SAP Schweiz AG in Regensdorf Switzerland January 22 2021.REUTERSArnd WiegmannFile Photo

FILE PHOTO: The logo of German software group SAP is pictured at the headquarters of SAP (Schweiz) AG in Regensdorf, Switzerland January 22, 2021.REUTERS/Arnd Wiegmann/File Photo

BERLIN (Reuters) - German software firm SAP said on Tuesday that it will create a new executive board division dedicated to accelerating cloud growth starting April 1.

"This Board area, led by Thomas Saueressig, will be focused on ensuring customers' ability to embrace continuous innovation in the cloud," said the company in a statement.

Muhammad Alam will at the same time join the executive board, succeeding Saueressig and assuming responsibility for SAP's product engineering.

(Writing by Miranda Murray; Editing by Madeline Chambers)

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