Bill McDermott

Bill McDermott

Bill McDermott, SAP AG Co-CEO and Executive Board Member
Born William R. McDermott
August 18, 1961
Flushing, Queens, New York, U.S.
Nationality American
Education Kellogg School of Management
Wharton School of Business
Dowling College
Occupation Businessman
Known for CEO, SAP
Religion Roman Catholic
Spouse(s) Julie McDermott
Children 2

William R. "Bill" McDermott (born August 18, 1961) is the CEO of SAP SE, a position to which he was appointed on May 21, 2014.[1] He served as co-CEO from February 2010 until May 20, 2014 of SAP, along with Jim Hagemann Snabe[2][3]

Early years

One of four children born to Kathleen (died 2010) and Bill McDermott, he was raised on Long Island, where he became an entrepreneur while still a teenager, by purchasing a local delicatessen for $7,000 in promissory notes. The deli, Country Deli, paid his way through Dowling College, where he studied Business Management. He is a grandson of basketball player Bobby McDermott.[4]

Career

After Dowling College, McDermott earned his MBA from Northwestern University's Kellogg School of Management.[5][6] He completed the Executive Development Program at the Wharton School of Business. After running his own business through high school and college, he began his professional career at Xerox, where he worked for 17 years and rose through the ranks to become the company's youngest division president.[7]

He then served as President of Gartner 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.[7] In 2008 he was appointed to the SAP Executive Board. In February 2010, he became co-CEO of SAP AG. On May 21, 2014, he was promoted to the position of sole CEO of the company.[8]

Family

McDermott and his wife, Julie, a breast cancer survivor, have two sons.[9]

References

  1. ↑ SAP's McDermott Seeks faster decisions as sole CEO, businessweek.com, May 21, 2014; accessed March 31, 2015.
  2. ↑ Jim Snabe elected to supervisory board, news-sap.com; accessed March 31, 2015.
  3. ↑ "SAP Chairman Sees Co-CEOs for Long Term". Online.wsj.com. 2010-02-08. Retrieved 2013-05-16.
  4. ↑ Profile, businessinsider.com; accessed April 25, 2015.
  5. ↑ McDermott profile, alumni.kellogg.northwestern.edu; accessed March 31, 2015.
  6. ↑ Kellogg School of Management alumni profile, kellogg.northwestern.edu; accessed March 31, 2015.
  7. ↑ 7.0 7.1 McDermott profile, sap.com; accessed March 31, 2015.
  8. ↑ Profile, Forbes.com; accessed March 31, 2015.
  9. ↑ McDermott profile, articles.philly.com, December 16, 2014; accessed March 31, 2015.

External links