Steven Singh to leave SAP by the month end

Singh is the co-founder and former chief executive of US expense software maker Concur

Pens with the logo of SAP
Pens with the logo of SAP are seen before the company's annual general meeting in Mannheim, Germany.
Reuters Frankfurt
Last Updated : Apr 13 2017 | 10:04 PM IST

SAP, Europe's top software maker, said on Thursday that executive Steve Singh would leave the company at the end of this month.

Singh is the co-founder and former chief executive of US expense software maker Concur, which SAP bought in 2014 for $7.3 billion, its largest acquisition ever.

After the acquisition, Singh joined SAP's executive board to lead the company's networks and applications business and integrate Concur into the company.

"When SAP acquired Concur Technologies, we knew Steve would play a significant role in strengthening the SAP cloud portfolio," SAP's Chief Executive Bill McDermott said in a statement.

"We also knew he would eventually go back to his start-up roots."

SAP said Singh plans to focus on other entrepreneurial interests outside of SAP.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 13 2017 | 10:03 PM IST

Next Story