SAP Ag’s stock sat 0.6 percent lower in pre-market trade after the abrupt resignation of the company’s chief executive Leo Apotheker.
Apotheker’s move comes at a time when customer dissatisfaction with the company was high.
Announcing his immediate resignation late on Sunday, the company said it would return to split leadership with Bill McDermott, head of field organization, and Jim Hagemann Snabe, product development chief, both already members of the SAP executive board, taking the helm.
The company said the departure was by mutual consent and did not give a reason for the change at the top.
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