Jennifer Morgan

Last updated

Jennifer Morgan
Jen Morgan Color Photo.jpg
Born
Jennifer Bilodeau

(1971-03-13) March 13, 1971 (age 51)
Fairfax, Virginia, U.S.
Education James Madison University (BA)
SpouseMichael Morgan
Children2

Jennifer Morgan (born March 13, 1971) is an American technology executive. She is the former Co-Chief Executive Officer at SAP SE. [1] [2] Morgan became the first American woman ever appointed to the SAP Executive Board in 2017. [3] Morgan is the first female Chief Executive of SAP, and she is the first female CEO of a company on the DAX index. [4]

Contents

Early life and education

Morgan was born and raised in Northern Virginia, [2] just outside of Washington, DC. She studied at James Madison University. [5] Following her graduation, Morgan began to work at Andersen Consulting (now Accenture) where she met her husband, Michael. [2]

Career

Following her employment at Andersen Consulting, Morgan served in a business development role at Siebel Systems from 2000 to 2004. [6] Morgan joined SAP in 2004 as part of the company's public sector business. [7] From there, Morgan rose quickly within SAP leadership. In just five years, Morgan went from President of SAP Regulated Industries to the President of the Americas & Asia Pacific Japan. [7] In 2017, Morgan was appointed to the SAP executive board [8] and in April 2019 she became President of the SAP Cloud Business Group. [9] In October 2019, Morgan and fellow SAP Executive Board member Christian Klein were named Co-Chief Executive Officers of SAP following the departure of CEO Bill McDermott. [10]

Beginning in 2015, while she was President of SAP North America, Morgan led efforts to close the gender pay gap at SAP. After independent audits of Morgan's initiative, SAP raised salaries by over $1 million across the company, which resulted in 99% of all men and women being paid equally. [8] [11]

In January 2019, Morgan launched her podcast, A Call to Lead. The podcast targets mid-career professionals and discusses leadership and career advancement. Morgan's podcast guests have included academics, business professionals, and government officials (including First Lady Jill Biden, Simon Sinek, and others). [11]

On April 30, 2020, Morgan stepped down from her position as co-CEO citing a mutual decision with the company board. [12] [13]

In November 2020, Blackstone Group announced that Morgan joined the firm as its first Global Head of Portfolio Transformation and Talent. [14]

Recognition

In 2019, Fortune Magazine named Morgan ranked 43rd on Fortune Magazine's list of the 50 Most Powerful Women in Business. [15]

In 2019, Morgan was ranked 49th on Forbes' list of Most Powerful Women in the World. [16] Morgan was ranked 55th on Forbes’ list of Most Powerful Women in the World for 2018. [17]

In 2017, the New York Hall of Science honored Morgan with the Distinguished Leadership Award. [18]

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References

  1. ↑ SAP Co-Chief Executive Officer Christian Klein Continues as CEO, Jennifer Morgan Departs SAP, April 20, 2020, retrieved April 21, 2020
  2. 1 2 3 DiStefano, Joseph. "SAP taps Philly's Jennifer Morgan, Christian Klein to replace Bill McDermott at CEO". Philadelphia Inquirer. Retrieved October 11, 2019.
  3. ↑ Grant, Nico. "SAP Makes Surprise Leadership Change as CEO McDermott Steps Down". Bloomberg. Retrieved October 11, 2019.
  4. ↑ Petzinger, Jill. "SAP's Jennifer Morgan becomes first woman to lead a DAX company". Yahoo!. Retrieved October 11, 2019.
  5. ↑ "Jennifer Morgan". Bloomberg. Retrieved October 11, 2019.
  6. ↑ "Jennifer Morgan". linkedin.com. LinkedIn Corp. Retrieved October 11, 2019.
  7. 1 2 Reyes, Juliana. "SAP's Jennifer Morgan is the only Philly exec on Fortune's 2018 Most Powerful Women list". Philadelphia Inquirer. Retrieved October 11, 2019.
  8. 1 2 Fuhrmans, Vanessa. "SAP goes after the gender pay gap". Wall Street Journal. Retrieved October 11, 2019.
  9. ↑ "SAP's head of cloud business latest top departure in restructuring". Reuters. Retrieved October 11, 2019.
  10. ↑ Murphy, Mike. "SAP CEO Bill McDermott steps down; shares rise". Market Watch. Retrieved October 11, 2019.
  11. 1 2 Pressman, Aaron. "This New Podcast Aims to Give "Emerging Leaders" In Business Some Savvy Advice". Fortune. Retrieved October 11, 2019.
  12. ↑ "And then there was one: Co-CEO Jennifer Morgan to depart SAP". TechCrunch. Retrieved April 23, 2020.
  13. ↑ "SAP co-chief Jennifer Morgan leaves after less than 6 months". www.ft.com. The Financial Times. Retrieved October 30, 2022.
  14. ↑ "Blackstone Hires Former SAP Co-CEO Jennifer Morgan to Lead Technology Transformation across its Portfolio Companies". Blackstone. Retrieved March 17, 2021.
  15. ↑ "Jennifer Morgan #43". Fortune. Retrieved October 11, 2019.
  16. ↑ "Jennifer Morgan #49". Forbes. Retrieved December 22, 2019.
  17. ↑ "Jennifer Morgan #55". Forbes. Retrieved October 11, 2019.
  18. ↑ "2017 DISTINGUISHED LEADERSHIP AWARD JENNIFER MORGAN, SAP". New York Hall of Science. Retrieved October 4, 2019.
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