SAP Says Internal Successor to CFO Brandt Is Likely

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SAP AG, the biggest maker of business-management software, said it will probably name an internal candidate to succeed Chief Financial Officer Werner Brandt when his contract expires next year.

The company will probably pick a candidate from near its headquarters in Walldorf, southwestern Germany, Chairman Hasso Plattner said at a shareholder meeting in the neighboring city of Mannheim today. A recent appointment to SAP’s global managing board points at who the most likely candidate is, he said.