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SAP Names Mark Gibbs President of SAP Greater China to Speed up Growth in the Leading Emerging Market

SAP

SINGAPORE, Oct. 24, 2013 /PRNewswire/ -- SAP announced today that it has named Mark Gibbs President of SAP Greater China, effective immediately. In his new role, Gibbs will oversee SAP's overall businesses in Mainland China, Hong Kong, Macau and Taiwan.

Previously Chief Operating Officer of SAP Asia Pacific Japan, Gibbs has been taking the responsibility as the interim Greater China lead in the past nine months. Working closely with the China leadership team, Gibbs is instrumental in revitalizing the company's business in the market, recording solid double-digit revenue growth in Q3 this year. Under his leadership, SAP has built strong relationships both internally and externally that are accelerating and furthering the company's footprint and reputation across the fast-growth market. Gibbs will report to Robert Enslin, President of Global Customer Operations and a member of the Global Managing Board of SAP AG.

"I am confident that with Mark's full attention being focused to China's success, SAP will become the leading business software solutions provider for this growing economy," said Rob Enslin. "With more than 20-year experience in business software industry, Mark will lead the China team to continue delivering true value to all Chinese customers through our China Growth Plan and long-term commitment to the market."

SAP's China Growth Plan aims to establish the company as the preferred supplier of business software solutions in China by making China a second home and contributing to the country's sustainable growth. SAP China will host China SAPPHIRE for the third consecutive year in Beijing on November 20-21.

Mark Gibbs was appointed in May 2011 as Chief Operating Officer of SAP Asia Pacific region, where he was responsible for all aspects of SAP's operations in the Asia Pacific region, including key market groupings of Japan, Australia and New Zealand, China, India, as well as Southeast Asia. Prior to being appointed as Chief Operating Officer, Gibbs was the President of SAP North Asia, covering Mainland China, Hong Kong, Taiwan and South Korea, and a member of SAP Asia Pacific Japan's Senior Executive Leadership Team.

About SAP

As market leader in enterprise application software, SAP (NYSE: SAP) helps companies of all sizes and industries run better. From back office to boardroom, warehouse to storefront, desktop to mobile device -- SAP empowers people and organizations to work together more efficiently and use business insight more effectively to stay ahead of the competition. SAP applications and services enable more than 251,000 customers to operate profitably, adapt continuously, and grow sustainably. For more information, visit www.sap.com.

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

(C) 2013 SAP AG. All rights reserved.

SAP and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and other countries. Please see http://www.sap.com/corporate-en/legal/copyright/index.epx#trademark for additional trademark information and notices.

Follow SAP on Twitter at @sapnews( http://twitter.com/sapnews ).

SOURCE SAP

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