SAP CEO Gets Record €19 Million Payday as AI Boosts Shares

Christian KleinPhotographer: Hollie Adams/Bloomberg
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SAP SE’s Chief Executive Officer Christian Klein got his largest-ever compensation package, as the boom in artificial intelligence helped send the German software company’s share price to a record high.

Klein, 44, received €19 million ($19.9 million) in 2024, up 165% from the prior year, the company said in a filing published on Thursday.