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HomeTechSAP board chair designate Punit Renjen to resign, Ala-Pietila nominated as successor

SAP board chair designate Punit Renjen to resign, Ala-Pietila nominated as successor

German software company SAP has nominated Finnish businessman Pekka Ala-Pietila to stand for election as chair of its supervisory board after current chair designate Punit Renjen decided to resign, SAP said on Sunday. Ala-Pietila, a former president of Nokia Corporation who sat on SAP’s supervisory board from 2002 to 2021, will stand for election at the next general meeting, the company said in a statement.

Ala-Pietila is currently chairman of the board of packaging company Huhtamaki, learning company Sanoma Corporation and the HERE Technology supervisory board, according to his LinkedIn page. Renjen, a former CEO of Deloitte, was leaving the board over a “difference in perspective on the role of SAP Supervisory Board chair, which Punit Renjen was designated to assume”, SAP’s statement said, without elaborating.

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Renjen, whose resignation will take effect at SAP’s next annual general meeting on May 15, was named as the designated chairman in February last year to succeed the company’s co-founder Hasso Plattner after his two-decade term expires in May 2024.

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