"While we regret Shai's decision to leave, we congratulate him on his record of achievement at SAP," said Hasso Plattner, Chairman of the SAP Supervisory Board and company founder on the departure of Executive Board member Shai Agassi, who by mutual agreement with the company, will leave to more quickly commit himself to his personal agenda of Environmental policy and alternative energy sources, and other issues.

"It has been my distinct honor to take part in the story of SAP these past six years," said Shai Agassi, President of the Product & Technology Group and member of the SAP Executive Board. "I am very proud of our accomplishments and the successful products we have brought to market. The product team will continue down the path under Henning's leadership and I am confident that SAP will continue to lead the enterprise software market for many years to come. I will remember my time at SAP as one of the most satisfying periods of my career, and it has been my great pleasure to work with such outstanding and passionate people at SAP. I look forward to new opportunities, and working on issues that are important to me, including alternative energy and environmental policy issues, as well as the future of Israel."

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Prashanth Rai