Michael Eberhardt joins the SNP SE management as new Chief Operating Officer (COO)
Dr. Klaus Kleinfeld and Dr. Karl Biesinger will be proposed for election to the SNP SE Administrative Board at the annual general meeting on June 6, 2019
Heidelberg, April 7, 2019 – Key personnel changes are setting a new course for SNP Schneider-Neureither & Partner SE, headquartered in Heidelberg. Michael Eberhardt will assume the role of COO of SNP with effect from July 1, 2019 at the latest and also be appointed as a member of the Management Board. As of this date, the Management Board of SNP SE will consist of Dr. Andreas Schneider-Neureither, Chief Executive Officer (CEO); Dr. Uwe Schwellbach, Chief Financial Officer (CFO); and the new Chief Operating Officer (COO) Michael Eberhardt. Eberhardt will assume global responsibility for Sales, Service and Partner Management.
Eberhardt will join SNP from DXC Technology, Böblingen. At DXC, he currently holds the position of Vice President and Managing Director for the Northern and Central Europe region, with revenues in the single-digit billion US dollar range. Michael Eberhardt started his career at IBM in 1989. He joined TDS Informationstechnologie AG in Heilbronn as CEO in 2001. During his leadership, the successfully restructured company was sold to Fujitsu Services. In 2007, Eberhardt became Vice President and General Manager of HP Enterprises. In the course of the merger between HP Enterprise Services and CSC to form DXC, his responsibilities included integrating and restructuring the sales department.
Dr. Andreas Schneider-Neureither, CEO and Chairman of the Board of Directors of SNP SE: "In Michael Eberhardt, we have been able to recruit an internationally recognized industry expert with proven implementation expertise for SNP. By expanding and strengthening our management team, we are continuing to secure the next stage in the strategic development of the SNP Group. The appointment of Uwe Schwellbach as the new CFO last year was the first important step in this direction. Welcoming Michael Eberhardt as the new COO marks the next step. The personnel decisions will enable us to maintain the strong growth of recent years and at the same time realize SNP SE's growth potential in global markets with high efficiency. Meanwhile, we will continue to increase operational efficiency for our customers and strive to further increase our profitability."
The Board of Directors of SNP SE
The company also announced that Dr. Klaus Kleinfeld and Dr. Karl Biesinger will be proposed for election to the Board of Directors at the Annual General Meeting on June 6, 2019.
Dr. Klaus Kleinfeld is a member of an investor group that has acquired a substantial stake in SNP SE following its successful capital increase. Kleinfeld is an investor, Supervisory Board member and international advisor to a number of high-profile companies and states. He was, for example, CEO of Siemens AG in Munich, President of Siemens USA, and CEO and President of Alcoa Inc and Arconic Inc in New York, USA. In his long career, Kleinfeld has advised two US presidents and the premier of the People's Republic of China and is an honorary senator of the Lindau Nobel Laureates Meeting as well as an honorary trustee of the Brookings Institution.
Kleinfeld will first join an advisory board that is yet to be established, together with Dr. Martin Weckwerth, who is also a member of the investor group. Until the end of 2016, Weckwerth was a partner of Permira Beteiligungsberatung GmbH, Frankfurt.
Dr. Karl Biesinger is a lawyer based in Heidelberg and has been advising the company on corporate law issues for several years.
Dr. Andreas Schneider-Neureither, CEO of SNP SE and Chairman of the Board of Directors: "With the appointment of Dr. Klaus Kleinfeld and Dr. Karl Biesinger, two outstanding personalities have joined the Board of Directors, making it clear that SNP is on its way toward the next growth phase. Dynamically advancing digitalization and the associated remodeling and modernization processes are affecting companies all over the world and will determine their future success. SNP plays a significant role in guiding its customers into a secure digital future. Dr. Klaus Kleinfeld's willingness to become involved with SNP not only as an investor but also in the Board of Directors underlines the considerable relevance we have achieved with our software-based approach in highly complex global transformation projects. By appointing Dr. Karl Biesinger to the Board of Directors, we are also ensuring sound corporate governance."
Dr. Klaus Kleinfeld: "I have been following SNP's progress for some years now. The company has developed into an important strategic partner for its customers when it comes to modernizing and restructuring IT landscapes. Its in-house software and proven technological expertise during challenging transformations provide great opportunities for growth. SNP has impressive potential in many respects. I am looking forward to being a part of a company with strong roots in Germany – a company that has undergone remarkable international development in recent years and can undoubtedly become one of the big winners in the future of digitalization."
SNP SE helps companies and organizations transform their business models and take advantage of the opportunities arising from digitalization with its own solutions. SNP's software and services make it easier to implement technical or commercial changes in business applications and allow customers to automate this process. CrystalBridge® and SNP Transformation Backbone® with SAP® LT constitute a world-leading software suite for data transformations, enabling the company to set an industry standard for automated data transformation.
SNP specializes in analyzing, implementing and tracking changes in IT systems. The company's approach significantly improves quality while making transformation projects much faster and more cost-effective.
The SNP Group employs around 1,300 people worldwide. Headquartered in Heidelberg, Germany, the company generates annual revenues of approximately €130 million. Its customers range from medium-sized companies to multinational corporations in all industries. SNP was established in 1994, went public in 2000, and has been listed in the Prime Standard segment of the Frankfurt Stock Exchange since August 2014 (ISIN DE0007203705). Since 2017, the company has been trading as a European company (Societas Europaea/SE).