29.08.2023 14:05:00

SAP Appoints Gina Vargiu-Breuer as the New Chief People Officer

WALLDORF, Germany, Aug. 29, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced that Gina Vargiu-Breuer (48) has been appointed to the Executive Board of SAP as Chief People Officer and labor director, effective from February 1, 2024. She will succeed Sabine Bendiek, who will be leaving the company by her own request on December 31, 2023.

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In her new role, Vargiu-Breuer will lead the HR organization and continue to drive the transformation of SAP's HR strategy. This includes creating an even more powerful growth and learning environment at SAP that enables inclusion, diversity and agility.

Vargiu-Breuer joins from Siemens Energy, where she has been serving as the Global Head of HR since the separation from Siemens in late 2019. In this role, she has played a significant part in driving and overseeing a substantial portion of the company's change efforts in alignment with the corporate human resources strategy. In helping guide Siemens Energy's journey towards becoming an independent company, she particularly focused on a well-orchestrated transformation that actively involved leaders and the workforce as co-creators.

"With Gina Vargiu-Breuer, we have found an exceptional leader who can continue to drive our ongoing transformation, particularly in the realm of human resources, and make crucial contributions," said Professor Hasso Plattner, Chairman of the Supervisory Board of SAP SE. "On behalf of the Supervisory Board, I warmly welcome Gina and wish her a successful start at SAP. Our heartfelt thanks go to Sabine Bendiek, who, during her tenure, set crucial foundations for a successful and sustainable transformation of the company at both the personnel and operational levels."

Prior to her time at Siemens Energy, Vargiu-Breuer worked at Siemens, where she held various operational and strategic HR roles, including positions in Asia, the United States and the United Arab Emirates. She holds a degree in Business Psychology from the Catholic University of Eichstätt-Ingolstadt. Vargiu-Breuer has been appointed to the Executive Board for a term of three years and will be based at the SAP headquarters in Walldorf, Germany.

"Companies like SAP are at the center of the global economy's digital transformation. In this context, personnel and corporate strategies must go hand in hand to ensure business success today and in the future. Long-term personnel management, an attractive working environment and highly motivated employees are crucial factors," said Vargiu-Breuer. "I sincerely thank the Supervisory Board for entrusting me with the heart of SAP's ongoing change, the personnel strategy."

The role of Chief Operating Officer – previously also under Sabine Bendiek's responsibility – will be assumed by Chief Strategy Officer Sebastian Steinhaeuser starting January 1, 2024. He will continue to report to CEO Christian Klein.

Visit the SAP News Center. Follow SAP on Twitter at @SAPNews.

About SAP
SAP's strategy is to help every business run as an intelligent, sustainable enterprise. As a market leader in enterprise application software, we help companies of all sizes and in all industries run at their best: SAP customers generate 87% of total global commerce. Our machine learning, Internet of Things (IoT), and advanced analytics technologies help turn customers' businesses into intelligent enterprises. SAP helps give people and organizations deep business insight and fosters collaboration that helps them stay ahead of their competition. We simplify technology for companies so they can consume our software the way they want – without disruption. Our end-to-end suite of applications and services enables business and public customers across 26 industries globally to operate profitably, adapt continuously, and make a difference. With a global network of customers, partners, employees, and thought leaders, SAP helps the world run better and improve people's lives. For more information, visit www.sap.com.

This document contains forward-looking statements, which are predictions, projections, or other statements about future events. These statements are based on current expectations, forecasts, and assumptions that are subject to risks and uncertainties that could cause actual results and outcomes to materially differ. Additional information regarding these risks and uncertainties may be found in our filings with the Securities and Exchange Commission, including but not limited to the risk factors section of SAP's 2022 Annual Report on Form 20-F.

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