Jim Hagemann Snabe was appointed co-CEO of SAP alongside Bill McDermott in February 2010. In this capacity, and as a member of the SAP Executive Board and Global Managing Board, Jim Hagemann Snabe focuses on developing and executing SAP's strategy, together with Bill McDermott. The co-CEOs strengthen relationships with customers and partners, drive SAP's innovation portfolio across all markets, and ensure operational excellence across the company.
Jim Hagemann Snabe joined SAP in 1990 and has been a member of the SAP Executive Board since July 2008. Since 1990, he has held various management roles in consulting, sales, and development. Beginning as a consultant with SAP Denmark, he quickly went on to lead the local consulting practice. Jim Hagemann Snabe briefly moved to IBM Denmark in 1994 and rejoined SAP in 1996 as managing director (MD) of SAP Sweden, successfully developing this market over the following three years. He was then appointed MD of the SAP Nordic region, and became a member of the SAP EMEA management team.
In 2002, Jim Hagemann Snabe was asked to join the company’s global development unit to bring product development efforts closer to the market. As senior vice president and chief operations officer of SAP's business solution group, he was responsible for the design and creation of the flagship enterprise resource planning software, SAP ERP, as well as SAP solutions for financial and public services industries. Later, Jim Hagemann Snabe led SAP’s industry business unit and was responsible for creating industry-specific solutions for more than 24 industry segments. In 2006, Jim Hagemann Snabe was appointed corporate officer of SAP AG, and subsequently was named a member of the Executive Council.
Jim Hagemann Snabe's views about the role which leaders and IT need to play in creating sustainable growth and responsible business strategies have been strongly shaped by his commitment to environmental and humanitarian issues. His management style is influenced by his interest in classical music, and inspired by leaders like the famous conductor Benjamin Zanders. Long distance running keeps him fit in body and mind, as a way to clear his thoughts and allow new ideas to form.
Jim Hagemann Snabe is a member of the board of directors of Bang & Olufsen Holding A/S in Denmark – a globally recognized company for high end technology and outstanding design – as well as the The Danske Bank Group, the largest bank in Denmark. He has also just been elected to the supervisory board of Siemens, a global leader in technology, engineering excellence and innovation.
In 2013 he and co-CEO Bill McDermott were ranked #2 on Glassdoor.com’s listing of the top 50 Highest Rated CEOs, based on their 99% approval rating from employees.
Snabe received a master's degree in operational research from the Aarhus School of Business in Denmark. He lives with his family in Copenhagen, Denmark.
With annual revenue (IFRS) of €