| William R. McDermott | |
|---|---|
Bill McDermott, SAP AG Co-CEO and Executive Board Member |
|
| Born | New York City |
| Education | Kellogg School of Management Wharton School of Business Dowling College |
| Occupation | Businessman |
| Known for | CEO, SAP |
William R. McDermott is an ex- co-CEOs of SAP AG, a position to which he was appointed in February 2010.[1][2]
Bill McDermott received his MBA from Northwestern University, Kellogg School of Management. He also successfully completed the Executive Development Program at the University of Pennsylvania, Wharton School of Business. He received his undergraduate degree in Business Management from Dowling College.
After running his own business through high school and college, McDermott began his professional career at Xerox, where he worked for 17 years and rose through the ranks to become the company's youngest corporate officer and division President. His division won the Malcolm Baldridge National Quality award from the President of the United States.
He then served as President of Gartner Inc. and Executive Vice President of Worldwide Sales and Operations at Siebel Systems.
He was recruited to SAP in 2002 as the CEO of SAP America and quickly rose, adding to his responsibility South America, Asia Pacific and then Global Field Operations, overseeing all revenues for the company. In 2008 he was appointed to the SAP Executive Board. In February 2010, he became co-CEO of SAP AG.
McDermott is a member of several external boards, including the boards of Under Armour, a performance apparel company dedicated to technologically advanced products; and ANSYS, Inc., a company that designs and develops engineering simulation solutions used to predict how product designs will behave in manufacturing and real-world environments. He is a member of the National Advisory Board for KIPP (Knowledge Is Power Program) and the Advisory Board for Villanova University.
In November, 2010, as part of CRN (Computer Reseller News) Magazine’s annual recognition of the Top 100 executives in information technology, McDermott was named among the Top 25 Most Influential Executives of 2010. Additionally, McDermott was named to the Irish America Magazine’s 2010 Business 100 for outstanding business leadership.
McDermott is an active community leader and advocate for corporate social responsibility. In 2008, he was named Idealist of the Year by City Year Greater Philadelphia for his civic leadership and "commitment to improving the community and the lives of those who live in Philadelphia." In 2006, McDermott received the Yitzhak Rabin Public Services Award in recognition of his contributions as a civic leader who has demonstrated a commitment to Israel as a source of technological innovation. In 2005, McDermott was elected to the U.S. Chamber of Commerce, the world's largest business federation representing three million companies and organizations, and to the Chamber Foundation Board.