SAP Splits With Chairman Nominee Ahead of Plattner Retirement

SAP SE, Europe’s largest software company, said it had mutually agreed to part ways with Punit Renjen, the Deloitte Touche Tohmatsu executive it had nominated for the chairman role a year ago.

Renjen and SAP had a “difference in perspective on the role,” the German company said in a statement late Sunday. Renjen was due to succeed SAP’s Hasso Plattner at the end of his term in May.