The Ex-Sap CTO goes with the payment of € 7.1m after the scandal • The registration

SAP paid former CTO Jürgen Müller € 7.1 million ($ 7.5 million) after leaving the German software company by mutual agreement in September last year.

Müller It started after an “incident” in an event of the company At the beginning of the year. At that time, SAP said its Supervision Board had reached a “mutual agreement” with Müller to leave the company’s executive board at the end of September.

In a statement prepared at that time, Müller said his behavior had been inappropriate. “I’m sorry to be inconsiderate and sorry for all those affected. I recognize that my behavior at that time did not reflect our values ​​in SAP.”

Later, authorities confirmed that research was related to accusations of sexual harassment.

Information As of January, he suggests that Müller had reached an agreement and that the investigation was over. The registration He has asked the public prosecutor Staatsanwaltschaft Heidelberg to comment.

In Present to the United States Stock Exchange and Securities CommissionSAP documented his executive compensation. In addition to the CEO Christian Klein receiving € 19 million ($ 20 million) and Thomas Sauersig, a member of the Customer Services Board, receiving € 8.2 million ($ 8.6 million), regulatory versions reveal total compensation to Müller of € 7.14 million.

The presentation said that Müller had reached a mutual agreement with the Supervision Board to end its employment in SAP as of September 30, 2024.

Scott Russell also left this year, who resigned from his position as director of Income of August 31, 2024. He reached a “mutual agreement” with the Supervision Board to finish its employment in SAP in force on December 31, 2024. A compensation payment for the rest of its original appointment period until January 31, 2027, total, 12.6 million ($ 13.2 million) reached January 31, January 21, 2027, total. ($ 22.5 million).

Julia White also left the role of the marketing director and solutions, as of August 31, 2024. Her payment for compensation for the rest of her original appointment deadline until February 28, 2027 reached € 9 million ($ 9.2 million), while its total compensation by 2024 was € 17.1 million ($ 17.9 million).

By 2024, SAP said its cloud income and software were € 29.96 billion ($ 31.5 billion), within the previous forecast range, while their operational profits exceeded the forecast range to reach € 8.2 billion ($ 8.6 billion).

The value of SAP shares has increased by approximately 50 percent in the last year. ®