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Home » AI » Christian Klein Net Worth – CEO of SAP

Christian Klein Net Worth – CEO of SAP

Christian Klein is a German business executive who serves as the Chief Executive Officer (CEO) of SAP, a German multinational software company headquartered in Walldorf.

saumya-sumu by Saumya Sumu
Friday, 25 October 2024, 4:15 AM
in AI
Christian Klein Net Worth

Christian Klein Net Worth

Christian Klein is a German business executive who serves as the Chief Executive Officer (CEO) of SAP. SAP, founded in 1972, is a German multinational software company headquartered in Walldorf. 

Renowned as one of the world’s leading enterprise resource planning (ERP) software providers, it offers a comprehensive suite of applications that help businesses manage their finances, human resources, supply chains, and other critical operations. SAP’s ERP solutions are designed to cater to a wide range of industries, including manufacturing, retail, healthcare, finance, and public services. 

After Jennifer Morgan, a famous American tech executive, stepped down from her position as the CEO of SAP SE, Christian Klein took over the reins in 2020. Before becoming the CEO, Klein served as the Chief Operating Officer (COO). He is also a member of the board at SAP. 

Mark Zuckerberg’s Personal Stats and Other Details
Date of Birth4 May 1980 
Age44
ResidenceWalldorf, Baden-Württemberg, Germany
CitizenshipGerman
Marital StatusUndisclosed
ChildrenUndisclosed
EducationUniversity of Cooperative Education in Mannheim
Current Net Worth and Salary (2024)Unknown 
CompaniesSAP, Adidas
AchievementsCEO of SAP

“I’m not an expert in every field but SAP is full of experts at every level, and I learn so much from them. Understanding what’s going on, where the real challenges and opportunities lie, and how to tackle them, is key.”

-Christian Klein, in an interview with Fortune

This article will look into Christian Klein’s net worth, education, career, and more. 

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Christian Klein Net Worth

Christian Klein, the CEO of SAP SE, has an estimated net worth of approximately $10 million. 

His compensation as CEO includes a base salary and additional incentives, totaling €8.5 million (around $9 million) for 2023. This aligns with SAP’s performance-linked structure, which allocates most of his pay to non-salary compensation.

Education

Christian Klein studied at the Baden-Württemberg Cooperative State University (DHBW), a dual-education institution in Germany. The year of his graduation and the stream he studied in are unknown. 

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Career

Christian Klein’s career at SAP began as a student in 1999, starting with roles in financial management. Between 2002 and 2003, he took on his first formal role in Business Unit Controlling for Active Global Support, focusing on SAP’s financial oversight in customer support. From 2004 to 2005, he advanced as a Controller for Global Service & Support Operations. By 2005, he was appointed Senior Controller on the Global Service & Support (GSS) Finance Team. There he contributed for three years to improving financial processes and streamlining support operations.

In 2008, Klein was promoted to Chief Controlling Officer (CCO) for Services and COO, holding this position until 2011. This role allowed him to lead major internal initiatives, focusing on optimizing financial planning and enhancing operational efficiency. His work continued as he became CCO of Products & Solutions. In this role, he supported product innovations and oversaw financial management within SAP’s solution-focused business areas.

In March 2012, Klein was appointed CFO of SAP Cloud and SuccessFactors, marking a move to SAP’s cloud business segment in the San Francisco Bay Area. Here, he managed financial and strategic operations during SAP’s critical shift to cloud-based solutions. 

Returning to Germany in 2013, he became Head of Corporate Controlling, responsible for Group Controlling and the Strategic Planning Team. By 2015, Klein advanced to Chief Controlling Officer, where he oversaw SAP’s financial performance and was instrumental in aligning business development with SAP’s growth strategy for 2015–2020.

In May 2016, Klein took on the role of Chief Operating Officer while still serving as Chief Controlling Officer until 2017, a period marked by his leadership in driving SAP’s “Run Simple” initiatives, which aimed to simplify internal processes and prepare SAP for its cloud and platform strategy. In January 2018, Klein’s remit expanded as Chief Operating Officer and Member of the Executive Board, where he led the Intelligent Enterprise Group and spearheaded the development of SAP’s core applications, including SAP S/4HANA and SAP Digital Supply Chain. This role, lasting until mid-2021, also involved overseeing product quality, IT infrastructure, and analytics, along with aligning digital innovations with SAP’s goals for customer success.

After briefly holding the position of Co-CEO in 2019, he was appointed sole CEO in April 2020. As CEO, Klein is focused on advancing SAP’s digital transformation and positioning SAP as a leader in enterprise software. 

In addition to his role at SAP, he joined the Supervisory Board of Adidas in August 2020, where he, to this day, contributes his expertise in corporate strategy and business operations.

Latest Updates

SAP CEO Christian Klein has been a vocal advocate for embracing AI and cloud technology to strengthen SAP’s competitive position. He has positioned SAP to capitalize on these advancements not just as tools, but as essential enablers of enterprise resource planning (ERP) and organizational transformation.

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FREQUENTLY ASKED QUESTIONS

How much does Christian Klein earn?

According to certain reports, Christian Klein the CEO of SAP SE, earned around €8.5 million (around $9 million) in 2023, as base pay salary and incentives. 

How did Christian Klein become CEO of SAP?

He briefly held the position of Co-CEO in 2019 with Jennifer Morgan. However, after Morgan stepped down and left SAP, Klein was appointed sole CEO in April 2020.

Who is the female CEO of SAP?

As of now, there is no female CEO of SAP. Jennifer Morgan was the previous female co-CEO of SAP in 2019, but she left the company in 2020. 

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Saumya Sumu

Saumya is a tech enthusiast diving deep into new-age technology, especially artificial intelligence (AI), machine learning (ML), and gaming. She is passionate about decoding the complexities and uses of new-age tech. She is on a mission to write articles that bridge the gap between technical jargon and everyday understanding. Previously, she worked as a Content Executive at one of India's leading educational platforms.

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