[NEWS] Former SAP CEO Bill McDermott taking over as ServiceNow CEO – Loganspace

When Invoice McDermott equipped he was as soon asstepping down as CEO at SAPacouple of weeks ago, it in fact felt appreciate a irregular switch, but he landed on his toes moderately rapid. ServiceNow equippedhe would be taking on as CEO there. The transition will dangle station at year-live.

Whereas you’re questioning what happened to essentially the most in modelServiceNowCEO, John Donahoe, effectively he landed a job as CEO at Nike. The CEO carousel goes round and round (and painted ponies stride up and down).

Jeff Miller, lead honest director on the ServiceNow Board of Directors was as soon as “overjoyed” to include McDermott fill the void left by Donahoe’s departure. “His world expertise and confirmed music file will provide for a light transition and persevered solid management. Invoice will extra purple meat up ServiceNow’s momentum and reputation as a digital workflows leader dedicated to buyer success, and as a most popular strategic partner enabling mission digital transformation,” Miller acknowledged in a press commence.

Jennifer Morgan and Christian Klein replaced McDermott as Co-CEOs atSAP,and actual via the announcement, McDermott indicated he would stop till the live of the year to wait on with the transition. After that, no vacation for McDermott, who will it appears to be like commence up at ServiceNow after his tasks at SAP live.

As Lardinoiswrote concerning McDermott’s resignation:

“I closing spoke to McDermott a pair of month ago, actual via a fireplace chat at our TechCrunch Sessions: Enterprise tournament. At the time, I didn’t attain away with the affect that this was as soon as a CEO on his manner out (despite the indisputable truth that McDermott truly reminded me that if he had already made his option a month ago, he doubtlessly wouldn’t include given it away).”

ServiceNow is a indispensable totally different company than SAP.  SAP was as soon as founded in 1972 and was as soon as a mature on premises application company. ServiceNow was as soon as founded in 2004 and was as soon as born as a SaaS company. Whereas McDermott was as soon as section of a transition from mature, on-premises mission application company to the cloud, working at ServiceNow he’ll be main a indispensable smaller group. Published estimates include SAP at round 100,000 workers, whereas ServiceNow now has round 10,000.