, to be replaced by a pair of co-CEOs: Jennifer Morgan, who had been president of SAP's cloud business group, and Christian Klein, who was chief operating officer.
Morgan and Klein, who both serve on SAP's executive team, said they were surprised when they offered to serve as co-CEOs. They had been asked to a meeting in Palo Alto by SAP co-founder Hasso Plattner, but they weren't aware of what they were there to discuss. They were offered the jobs on Wednesday.
"He said something that was really meaningful," Morgan said. "He had stayed away from us in the last few days. He said, 'I wanted you to have this moment the way I remember experiencing it. When I got the call I wasn't really expecting it when it came.' That's how I'd describe how we felt.
Morgan also said: "We have a different culture...We always take the high road. That's all I have to say about that."Morgan and Klein were named co-CEOs on Thursday — news which sent SAP shares soaring by more than 10% on Friday.
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