SAP Philly Guy McDermott Germany-Bound as Growth Stalls
This article is for subscribers only.
As software maker SAP AG expands in emerging markets from Beijing to Buenos Aires, managers are also focusing their attention on a place they have sometimes neglected: the company’s home country of Germany.
Bill McDermott, who will take over as SAP’s sole chief executive officer in May, this spring plans to buy a home in Heidelberg, a 15-minute drive from the company’s headquarters in the town of Walldorf. For McDermott, 52, who now lives near Philadelphia and speaks little German, the new digs bring him closer to a key constituency in the company.