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SAP Appoints New President to Lead Team Offering Solutions for SMBs

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News provided by

SAP SE

Jun 02, 2016, 03:35 ET

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WALLDORF, Germany, June 2, 2016 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that it has appointed Barry Padgett as SAP's new president of the SAP® Business One, SAP Anywhere, and SAP Business ByDesign® teams, effective July 1, 2016. He steps into the role having held various leadership positions since 1997 at Concur Technologies, including serving as Concur's chief product officer since 2014. 

"This newly created position highlights the importance of small and midsize businesses to SAP," said Steve Singh, member of the Executive Board of SAP SE. "Padgett brings the perfect combination of enterprise expertise and entrepreneurial spirit to the role, and I couldn't be happier that he will be leading this new team toward our goal of being the market-leading provider of commerce, financial and ERP services to SMBs."   

Technology advancements, globalization and changing customer expectations have altered the way small and midsize businesses (SMBs) need to operate and compete. SAP has combined the teams for the SAP Business One application, the SAP Anywhere solution and the SAP Business ByDesign solution into one organization to more effectively focus on building complete, best-in-class front-office and back-office solutions that serve the unique needs of today's SMBs.

During his time at Concur, Padgett held a variety of roles across the globe, including executive vice president and general manager, EMEA; vice president, International Sales and Marketing; director of Concur's Asia Pacific region; director of Consulting Services; and director of Business Development. He helped pioneer Web-based expense reporting services, launched the end-to-end process of connecting online travel booking and expense reporting, and ran the TripIt business. As chief product officer, Padgett was responsible for the strategy for and delivery of all Concur's products and platform. He brings to his new role a deep understanding of best practices for building and delivering solutions to the SMB segment.

"With customers increasingly expecting real-time service from all companies, regardless of size, SMB business owners need to respond, without having large, internal IT organizations to support their efforts," said Padgett. "I'm very excited to help drive this new organization focused on meeting the needs of SMBs with front-office and back-office solutions designed specifically for them."

EJ Jackson, head of SAP Anywhere, Luis Murguia, head of SAP Business One, Michael Schmitt, head of SAP Business ByDesign, and Rob Chu, global head of SMB development and support, and their teams will report to Padgett in his new, dedicated SMB leadership position. 

For more information, visit the SAP News Center. Follow SAP on Twitter at @sapnews.

About SAP 
As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device – SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable approximately 310,000 business and public sector customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

© 2016 SAP SE. All rights reserved. 
SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP SE in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

For customers interested in learning more about SAP products:  
Global Customer Center: +49 180 534-34-24 
United States Only: 1 (800) 872-1SAP (1-800-872-1727)

For more information, press only: 
Craig Cincotta, SAP, +1 (425) 753-0156, [email protected], PT 
SAP News Center press room; [email protected]
Nate Hubbell, FleishmanHillard, +1 (617) 692-0531, [email protected], ET

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SOURCE SAP SE

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http://www.sap.com

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