Age, Biography and Wiki
Léo Apotheker was born on 18 September, 1953 in Aachen, West Germany, is a CEO. Discover Léo Apotheker's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 70 years old?
Popular As |
N/A |
Occupation |
Board member, Schneider Electric SA |
Age |
71 years old |
Zodiac Sign |
Virgo |
Born |
18 September, 1953 |
Birthday |
18 September |
Birthplace |
Aachen, West Germany |
Nationality |
Germany |
We recommend you to check the complete list of Famous People born on 18 September.
He is a member of famous CEO with the age 71 years old group.
Léo Apotheker Height, Weight & Measurements
At 71 years old, Léo Apotheker height not available right now. We will update Léo Apotheker's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Dating & Relationship status
He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.
Family |
Parents |
Not Available |
Wife |
Not Available |
Sibling |
Not Available |
Children |
Not Available |
Léo Apotheker Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Léo Apotheker worth at the age of 71 years old? Léo Apotheker’s income source is mostly from being a successful CEO. He is from Germany. We have estimated
Léo Apotheker's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
CEO |
Léo Apotheker Social Network
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Timeline
In May 2022, Eudonet Group appoints him to its Board of Directors as Chair.
In 2021, he joined Appway as first independent board member.
In May 2016, he joined Signavio GmbH—a German software provider headquartered in Berlin—as Non-Executive Chairman of the company's Advisory Board.
In 2014, he joined UNIT4—a Dutch software provider headquartered in the Netherlands—as Non-Executive Chairman of the Board.
After HP, Apotheker returned to Paris. He, along with some private equity firms in Silicon Valley, are considering investing in mature and distressed companies. In March 2012, he appeared on a conference call, hosted by Nomura Securities analyst Rick Sherlund.
On 1 June 2012, he was appointed as an independent director to board of the Paris-based information technology services provider, Steria.
In December 2012, he was appointed Chairman of the board at KMD, a Danish information technology service provider.
During Apotheker's tenure at HP, the stock dropped about 40%. It dropped nearly 25% on 19 August 2011 after HP announced a number of seemingly abrupt strategic decisions: to discontinue its webOS device business (mobile phones and tablet computers), to begin planning to divest its personal computer division, and to acquire British software firm Autonomy for a significant premium. Over the months following Apotheker's departure, HP eventually spun off the remaining webOS assets into a new subsidiary, Gram; backtracked on any plans to spin-off its personal computer division; and wrote-down almost $9 billion related to the Autonomy acquisition, which it indicated was due to a lack of due diligence during the acquisition process under Apotheker.
On 22 September 2011, the HP Board of Directors replaced Apotheker as chief executive, effective immediately, with fellow board member and former eBay chief Meg Whitman. Though Apotheker served barely ten months, he received over $13 million in compensation: a severance payment of $7.2 million, shares worth $3.56 million, and a performance bonus of $2.4 million, although the company lost more than $30 billion in market capitalization during his tenure.
On 7 February 2010, the SAP supervisory board reached an agreement with Apotheker not to extend his contract as a member of the SAP executive board. With this decision, he stepped down as CEO and resigned from SAP.
On 30 September 2010, the Board of Directors of Hewlett-Packard announced the election of Apotheker as the company's Chief Executive Officer and President, effective 1 November. He succeeded Cathie Lesjak, who served as the company's interim CEO since 6 August, following the abrupt departure of former CEO Mark Hurd. Hurd had been forced to resign after an internal investigation into a sexual harassment claim (that found him not guilty) uncovered expense-account irregularities.
He joined the SAP AG executive board in 2002 and served as the President of Global Field Operations from 2002 to 2007. He was appointed deputy CEO in 2007, and promoted to co-CEO of the company in April 2008 to ensure a smooth handover from his predecessor, Henning Kagermann, when the latter's contract with the company expired. The succession plan was communicated in the business media early in 2008, including Forbes magazine. The transition received praise as an example of SAP's corporate culture, "a seemingly contradictory mix of internal consensus and competition".
Apotheker's appointment to lead SAP was the second occasion, after 1997 Ron Sommer's appointment as CEO of Deutsche Telekom, that a large German company was run by a Jewish executive whose parents escaped the Holocaust. "If SAP had a pre-war history, I would never have joined the company", he told The Economist.
After joining SAP, he held positions of increasing responsibility; and in 1995 was promoted to CEO and founder of SAP France and SAP Belgium. Later in 1997, he became the president of SAP's South West Europe region; and by 1999, president of SAP EMEA (Europe, Middle East, and Africa) sales region.
During his tenure as chief executive at HP, the company lost more than $30 billion in market capitalization after a series of strategic missteps by the company, leading to his resignation. At SAP, which he joined in 1988 and where he spent more than 20 years, he played an instrumental role in developing and implementing a number of significant changes.
Prior to joining SAP in 1988, Apotheker held several financial and operations positions at European companies.
Léo Apotheker (born 18 September 1953) is a German business executive. He served briefly as the chief executive officer of Hewlett-Packard from November 2010 until his dismissal in September 2011. He also served as co-chief executive officer of SAP from April 2008 until he resigned in February 2010 following a decision by that company not to renew his contract.