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Léo Apotheker - Wikipedia, the free encyclopedia

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Léo Apotheker

Born 18 September 1953 (1953-09-18) (age 57)
Aachen, Germany
Nationality German
Education Hebrew University
Occupation Businessman
Known for CEO, Hewlett-Packard

Léo Apotheker (born September 18, 1953 in Aachen, Germany) is the CEO of Hewlett-Packard, and the ex CEO of SAP AG, having served in that position from April 2008 to February 2010. He joined the SAP AG executive board in 2002 and was promoted to co-CEO of the company in April 2008 to ensure a smooth handover from his predecessor, Henning Kagermann, when the latter's contract with the company expired. The succession plan was communicated in the business media early in 2008, including Forbes Magazine.[1] The transition received praise as an example of SAP's corporate culture, "a seemingly contradictory mix of internal consensus and competition".[2] Apotheker was named CEO of Hewlett Packard in September 2010.[3]

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[edit] Early life and career

Apotheker's parents were Polish Jews who fled to the Russo-Chinese border after the Nazis invaded Poland at the outbreak of World War II.[4] After the war, they settled in Aachen, Germany, where Léo Apotheker was born on September 18, 1953. He later moved to Antwerp, Belgium.[4]

In high school, Apotheker organized a student strike, and had two of his teeth knocked out by a policeman on horseback in the melee that followed.[5] At the age of 18 he moved to Israel where he studied economics at the Hebrew University in Jerusalem.[5]

Prior to joining SAP in 1988, Apotheker held several financial and operations positions at European companies.[5]

Apotheker is fluent in five languages—English, French, German, Dutch and Hebrew.[5]

[edit] SAP

Apotheker took an early opportunity to set out his vision for the IT industry, and explained enterprise software in layman's terms (likening it to the human nervous system), in an interview with prominent American journalist Charlie Rose.[6] He also articulated SAP's commitment to sustainability.[7]

Before his appointment as SAP's co-CEO, Apotheker was deputy CEO from 2007 to 2008, member of the SAP AG executive board and president of global customer solutions and operations from 2002 to 2007, and president of SAP EMEA (Europe, Middle East, and Africa sales region) from 1999 to 2002. He was CEO and founder of SAP France and SAP Belgium (from 1995 to 1997) and president of SAP's South West Europe region (from 1997 to 1999).

During his career, Apotheker has also held senior positions with a variety of companies in the IT industry. He sits on the supervisory boards of AXA and Schneider Electric SA.

Apotheker's appointment to lead SAP was the second occasion, after 1997 Ron Sommer's appointment as CEO of Deutsche Telekom, that a large German company was run by a Jewish executive whose parents escaped the Holocaust. When the Nazis invaded Poland, Apotheker's parents fled all the way to the Russo-Chinese border. After the war they settled in Aachen, near Belgium. Léo Apotheker was born there in 1953, and later moved to Antwerp. “If SAP had a pre-war history, I would never have joined the company,” he told The Economist.[8]

In a ceremony in Paris on December 5, 2007, Léo Apotheker was honored with the French Légion d'honneur in recognition of his business leadership and contribution to the French economy. As the CEO and founder of SAP France and SAP Belgium, and later as president of SAP EMEA, Apotheker played a key role in increasing competitive capabilities and innovation for French industries. Other recipients in 2007 include the CEOs of Saint-Gobain, EDF, France Telecom, SUEZ and, the Banque Nationale de Paris (BNP Paribas), all long-term SAP customers.

On February 7, 2010, the SAP supervisory board reached an agreement with Apotheker not to extend his contract as a member of the SAP executive board. With this decision, he stepped down as CEO and resigned from SAP.

[edit] Hewlett-Packard

On September 30, 2010, the Board of Directors of Hewlett-Packard announced the election of Apotheker as the company's Chief Executive Officer and President, effective November 1.[9] He succeeds Cathie Lesjak, who served as the company's interim CEO since August 6, following the abrupt departure of former CEO Mark Hurd. Hurd had been forced to resign after an internal investigation into a sexual harassment claim uncovered expense-account irregularities.[citation needed]

[edit] See also

[edit] References

  1. ^ "SAP names Leo Apotheker as co-CEO". Forbes Magazine. 2008-04-02. http://www.forbes.com/afxnewslimited/feeds/afx/2008/04/02/afx4844726.html. Retrieved 2010-09-30. 
  2. ^ "The Other Transition". 390. The Economist. 2009-01-03. p. 49. http://www.economist.com/people/displaystory.cfm?story_id=12850403. Retrieved 2010-09-30. 
  3. ^ Ando, Ritsuko (2010-09-30). "New HP CEO seen sharp but holds mixed record". Reuters. http://www.reuters.com/article/idUSTRE69003E20101001. Retrieved 2010-09-30. 
  4. ^ a b L.S. and M.G. (2010-10-01). "The Léo Way". The Economist. http://www.economist.com/blogs/babbage/2010/10/hewlett_packard_names_former_sap_boss_apotheker_ceo. Retrieved 1 October 2010. 
  5. ^ a b c d Aaron Ricadela (2010-10-01). "Hewlett-Packard Names Leo Apotheker CEO". Bloomberg. http://www.bloomberg.com/news/2010-10-01/hewlett-packard-names-apotheker-ceo-adding-software-expertise.html. Retrieved 1 October 2010. 
  6. ^ Charlie Rose Show (January 6 2009).
  7. ^ VNUnet.com (November 11 2008).
  8. ^ The Economist (December 30 2008).
  9. ^ http://www.marketwatch.com/story/leo-apotheker-named-ceo-and-president-of-hp-2010-09-30?reflink=MW_news_stmp

[edit] External links

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Name Apotheker, Leo
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Date of birth September 18, 1953
Place of birth Aachen, Germany
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