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Bill McDermott

  • CEO Series guest speaker, former CIA Chief Jim Olson (left) stands with Meridian Bank founder, president, CEO, and chairman of the Board Chris Annas.
    Banking & Finance

    Meridian Welcomes Former CIA Chief Jim Olson to Its CEO Series

    March 11, 2025

    Meridian Bank continued a tradition of offering thought-provoking speakers for its CEO Series when it invited former CIA Chief of Counterintelligence Jim Olson to talk…

  • Mike & Jennifer Morgan
    Technology

    Delco Leadership: Jennifer & Mike Morgan

    October 16, 2019

    Jennifer Morgan, President, SAP Americas and Asia Pacific Japan, and her husband Michael speak with DELCO Today about their respective upbringings in Northern Virginia. Although…

  • Commerce

    SAP CEO Bill McDermott Steps Down After 10 Years; Tripled Company’s Value

    October 15, 2019

    Newtown Square-based SAP reported strong growth in its cloud business for the third quarter, even as its chief executive, Bill McDermott announced he was stepping…

  • Commerce

    SAP Upbeat On Earnings Despite Trade War Concerns

    August 1, 2019

    Revenue was up 11 percent in the second quarter for software giant SAP, despite uncertainties over the U.S.-China trade wars, writes Michelle Caffrey for the…

  • An employee working at SAP North America in Newtown Square
    Technology

    SAP’s Pledge to Stop Acquisitions, Cut Costs Boosts Its Share Price

    April 30, 2019

    SAP’s shares rose significantly after the company, with its North American headquarters in Newtown Square, promised it would cut costs and put a halt to…

  • Technology

    SAP Acquires Rival of SurveyMonkey for $8 Billion; CEO Compares Deal to Facebook Buying Instagram

    November 19, 2018

    Newtown Square’s SAP, the market leader in innovative enterprise application software, has acquired Qualtrics International, a rival of SurveyMonkey, for $8 billion, writes Cromwell Schubarth…

  • Technology

    SAP to Buy California-Based Software Company for $2.4 Billion

    February 1, 2018

    SAP has announced the acquisition of California’s Callidus Software for $2.4 billion to help boost its cloud-based offerings, writes Michelle Caffrey for the Philadelphia Business…

  • Real Estate

    Wall Street Journal: CEO of SAP Selling Vacation House for $17.75 Million

    January 24, 2018

    Bill McDermott – the CEO of SAP, which has its U.S. headquarters in Newtown Square – is selling his home in Jupiter, Fla., for $17.75 million, writes…

  • Mike & Jennifer Morgan
    Technology

    Delaware County Leadership: Jennifer & Mike Morgan

    May 25, 2017

    Jennifer Morgan, President, SAP Americas and Asia Pacific Japan, and her husband Michael speak with DELCO Today about their respective upbringings in Northern Virginia. Although…

  • Bill McDermott
    Commerce

    Pay Package for SAP’s CEO Causes Stir with Shareholders

    May 19, 2017

    The annual compensation package for Bill McDermott, SAP’s Newtown Square-based CEO, is causing some controversy with shareholders, writes Joseph DiStefano for the Philadelphia Inquirer. His…

  • SAP executives Robert Enslin, left, and Jennifer Morgan
    Commerce

    SAP’s Top Talent in Newtown Square Promoted to Greater Leadership Roles

    May 5, 2017

    A pair of SAP’s Newtown Square executives is taking the global software company to new heights. Robert Enslin is rising up to take charge of…

  • Bill McDermott
    Commerce

    SAP’s McDermott Reassures Staff in Wake of President Trump’s Travel Ban

    February 8, 2017

    With a lot of uncertainty surrounding President Donald Trump’s controversial travel ban, SAP CEO Bill McDermott has criticized the move, and is reassuring employees of…

  • SAP American headquarters in Newtown Square
    Commerce

    SAP’s Hiring Spree Transitions from Sales to Research and Development, Cloud Delivery

    February 3, 2017

    Frenzied growth at software giant SAP in Newtown Square has filled its offices with new hires — and will likely continue to fill them throughout…

  • SAP American headquarters in Newtown Square
    Commerce

    SAP on Cusp of Hiring Bonanza as 150 New Jobs Headed for Delaware County

    January 16, 2017

    There are 150 new jobs coming to Newtown Square thanks to SAP, writes Joseph DiStefano for the Philadelphia Inquirer. The business software producer is planning…

  • A cancer patient.
    Commerce

    Newtown Square’s SAP the Model for Corporate Cancer Support

    October 7, 2016

    From its North American headquarters in Newtown Square, SAP is not only fueling Vice President Joe Biden’s Cancer Moonshot, but also providing the corporate world…

  • Government & Politics

    SAP’s CEO Tells Forbes the Trust Business Leaders Earn Daily Can Change World

    August 12, 2016

    On July 26th, Bill McDermott, CEO of Newtown Square’s SAP, hosted the inaugural ‘We The Future’ summit for students, young professionals, and congressional leaders at…

  • Commerce

    CEOs of Two Delco Companies Ranked Among Nation’s Most Popular Leaders of Large Firms

    June 9, 2016

    The CEOs of a pair of Delaware County companies were ranked among the nation’s Top 50 leaders of large firms, according to an analysis of…

  • Bill McDermott
    Commerce, Culture, Nonprofit, Sports

    SAP’s McDermott Wins Almost Half a Million for Charity in CEO Tournament Pool

    April 7, 2016

    Bill McDermott, the CEO of software giant SAP in Newtown Square, picked against the school just down the road from his house, the college where…

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