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back to article SAP boss Christian Klein's pay cheque is considerably lighter after 2020 woes wiped €28bn off company's value

A bumpy 2020 has hit SAP boss Christian Klein in the pocket, wiping millions of euros from his pay packet. The exec, who took over as sole CEO after a brief shared tenure with Jennifer Morgan, received €2.19m for the year that included a resizing of the company's outlook and a 23 per cent or €28bn crash in its value, some of …

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  1. Anonymous Coward
    Anonymous Coward

    Thank god for covid...

    Otherwise the only other conclusion for a 28bn valuation crash would be no-ones interested in paying for your products.

    3 0 Reply
  2. Anonymous South African Coward Silver badge

    Should we feel sorry for him?

    Naaah, I don't think so. They still make more than enough money.

    7 0 Reply
  3. nematoad Silver badge
    Happy

    Snigger.

    "A bumpy 2020 has hit SAP boss Christian Klein in the pocket..."

    To quote Battery Sergeant-Major 'Shut Up' Williams; "Oh dear, how sad, never mind."

    3 0 Reply
  4. Potemkine! Silver badge
    Facepalm

    Oh, the poor, poor guy.... Should we make some voluntary donations to compensate? Some fund raising on GoFundMe?

    0 0 Reply
  5. EmilPer.

    is anyone using SAP voluntarily ?

    Is anyone actually using SAP voluntarily ?

    Not being snarky, really want to know because like 5 years ago I have heard about companies pushing their data to a SAP instance only for compliance.

    2 0 Reply
    1. low_resolution_foxxes
      Reply Icon

      Re: is anyone using SAP voluntarily ?

      We are in the middle of a conversion to SAP.

      If I had to be bluntly honest about why I think we are adopting SAP, it was mainly because our accountants didn't like our old (but functional) software, I got the impression they just thought SAP experience would look good on their CVs long-term.

      Otherwise, the highly expensive (mostly consultants day rate) over a couple of years, has basically reintroduced our previous functionality in a different UI, with a couple of fancy reports overlaid.

      Personally, I cannot be arsed with either. Both let me put stock in a revision controlled structure and create paperwork to ship it out of the door.

      1 0 Reply
  6. Anonymous Coward
    Devil

    Cry me a river

    Heck, I'll watch a company die for a fraction of that.

    0 0 Reply
  7. Anonymous Coward
    Anonymous Coward

    Don't Worry

    He'll still get a tankard, a flight of darts and a lucky 'Bully The Bull' mascot.

    0 0 Reply
  8. Anonymous Coward
    Anonymous Coward

    Don't Worry ...

    He'll still get the tankard, the flight of darts and the 'Bully The Bull' mascot toy.

    0 0 Reply

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