July 8 (Bloomberg) -- SAP AG, the world’s biggest maker of business software, said Angelika Dammann, the head of human resources, is leaving at her own request after a year in office.
Dammann will depart the company “without major delay,” Christoph Liedtke, an SAP spokesman, said by phone today, adding that the executive chose to be closer to her family in Hamburg. Chief Financial Officer Werner Brandt will assume her duties on an interim basis, the company said in a statement.
The 51-year-old lawyer assumed the position in July 2010 after overseeing human resources at Unilever NV’s operations in Germany, Austria and Switzerland. She also previously worked at Royal Dutch Shell Plc. SAP yesterday extended the contracts of co-Chief Executive Officers Bill McDermott and Jim Hagemann Snabe, and of Chief Operating Officer Gerhard Oswald.
Dammann’s use of commercial and company jets “conformed with company policy” and she hadn’t practiced as a lawyer while working for SAP, Liedtke said, responding to a report in Der Spiegel magazine yesterday that she had wanted to extend her personal flight privileges. The Walldorf, Germany-based company and Dammann will come to a mutual agreement regarding her compensation, Liedtke said, declining to comment further.
The announcement of Dammann’s departure comes 6 1/2 weeks after Snabe set a goal at the annual shareholder’s meeting of increasing the ratio of women in management to 25 percent by 2017 from 18 percent currently. Dammann, whose contract was scheduled to expire in 2013, was the only female member of SAP’s six-person management board.
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