Bill McDermott was appointed co-CEO of SAP alongside Jim Hagemann Snabe in February 2010 and was recently announced as sole CEO, effective May 2014. As a member of the SAP Executive Board and Global Managing Board, McDermott focuses on developing and executing SAP's strategy.
With annual revenue of €16 billion, SAP is the enterprise application software market leader helping companies of all sizes and industries run better. SAP's more than 65,500 employees and its vast ecosystem enable more than 248,500 customers of all sizes in more than 188 countries worldwide.
McDermott was first named to the SAP Executive Board in 2008 to manage global field operations. During this time, McDermott has been instrumental in re-architecting the company's go-to-market strategy and advancing SAP to be among the world’s most progressive employers for young professionals.
Before joining SAP, McDermott served as executive vice president of Worldwide Sales and Operations at Siebel Systems, and president of Gartner, Inc., where he led the company's core operations. He spent 17 years at Xerox Corporation, where he progressively rose through the ranks to become the company's youngest corporate officer and division president.
McDermott is a member of several external boards, including the boards of ANSYS, a company that designs and develops engineering simulation solutions; and Under Armour, a performance apparel company dedicated to technologically advanced products. He is also a member of the Dean’s Advisory Council for the Villanova School of Business.
McDermott has been recognized for his business leadership by a number of organizations. In 2013, he and Jim Snabe were ranked #2 on Glassdoor.com’s listing of the top 50 Highest Rated CEOs, based on their 99% approval rating from employees. He is also included in Irish America magazine's “2013 Business 100” for outstanding business leadership.
He is an active community leader and advocate for corporate social responsibility. He was honored with the 2012 Promise Award by the Children’s Aid Society of New York City. He was also lauded in 2012 as the NPower Gala Honoree. In 2011, the TechAmerica Foundation presented him with the Terman Award for Corporate Leadership in recognition of his commitment to public-private partnerships, education and innovation. He was named "Idealist of the Year" in 2008 by City Year Greater Philadelphia for his civic leadership and "commitment to improving the community and the lives of those who live in Philadelphia." He is also an active member of the Business Roundtable and the Business Council,associations of chief executive officers of leading global companies.
McDermott holds an MBA in business management from the J.L. Kellogg Graduate School of Management at Northwestern University and he completed the Executive Development Program at the Wharton School of the University of Pennsylvania. He received his bachelor’s degree in business management from Dowling College.