Morgan in 2017 at Newtown Square, Pennsylvania
March 13, 1971
Fairfax, Virginia, U.S.
|Residence||Delaware County, Pennsylvania, U.S.|
|Alma mater||James Madison University|
|Occupation||Co-CEO, SAP SE|
|Board member of|
Jennifer Morgan (born March 13, 1971) is an American technology executive. She is the Co-Chief Executive Officer at SAP SE.Morgan became the first American woman ever appointed to the SAP Executive Board in 2017. Morgan is the first female Chief Executive of SAP, and she is the first female CEO of a company on the DAX index.
SAP SE is a German multinational software corporation that makes enterprise software to manage business operations and customer relations. SAP is headquartered in Walldorf, Baden-Württemberg, Germany with regional offices in 180 countries. The company has over 425,000 customers in over 180 countries and is a component of the Euro Stoxx 50 stock market index.
The DAX is a blue chip stock market index consisting of the 30 major German companies trading on the Frankfurt Stock Exchange. Prices are taken from the Xetra trading venue. According to Deutsche Börse, the operator of Xetra, DAX measures the performance of the Prime Standard’s 30 largest German companies in terms of order book volume and market capitalization. It is the equivalent of the FT 30 and the Dow Jones Industrial Average, and because of its small selection it does not necessarily represent the vitality of the economy as whole.
Morgan was born and raised in Northern Virginia,just outside of Washington, DC. She studied at James Madison University. Following her graduation, Morgan began to work at Andersen Consulting (now Accenture) where she met her husband, Michael.
Northern Virginia, locally referred to as NOVA or NoVA, comprises several counties and independent cities in the Commonwealth of Virginia in the United States. It is a widespread region radiating westward and southward from Washington, D.C. With an estimated 3,149,413 residents in 2018, it is the most populous region of Virginia and the Washington metropolitan area.
James Madison University is a public research university in Harrisonburg, Virginia. Founded in 1908 as the State Normal and Industrial School for Women at Harrisonburg, the institution was renamed Madison College in 1938 in honor of President James Madison and then James Madison University in 1977. The university is situated in the Shenandoah Valley, with the campus quadrangle located on South Main Street.
Accenture plc, stylised as accent͐ure, is an Irish-domiciled multinational professional services company that provides services in strategy, consulting, digital, technology and operations. A Fortune Global 500 company, it has been incorporated in Dublin, Ireland since September 1st, 2009. In 2018, the company reported net revenues of $39.6 billion, with more than 459,000 employees serving clients in more than 200 cities in 120 countries. In 2015, the company had about 150,000 employees in India, 48,000 in the US, and 50,000 in the Philippines. Accenture's current clients include 92 of the Fortune Global 100 and more than three-quarters of the Fortune Global 500.
Following her employment at Andersen Consulting, Morgan served in a business development role at Siebel Systems from 2000 to 2004.Morgan joined SAP in 2004 as part of the company's public sector business. 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. In 2017, Morgan was appointed to the SAP executive board and in April 2019 she became President of the SAP Cloud Business Group. 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.
Siebel CRM Systems, Inc. was a software company principally engaged in the design, development, marketing, and support of customer relationship management (CRM) applications. The company was founded by Thomas Siebel and Patricia House in 1993. At first known mainly for its sales force automation products, the company expanded into the broader CRM market. By the late 1990s, Siebel Systems was the dominant CRM vendor, peaking at 45% market share in 2002.
William R. "Bill" McDermott is an American businessman and was the CEO of the technology company SAP SE. During his tenure as co-CEO and CEO, SAP's market value increased from $39 billion to $156 billion. McDermott, along with Joanne Gordon, wrote a memoir, Winners Dream: A Journey from Corner Store to Corner Office, and was awarded a gold medal for business memoir of the year by the Axiom Business Book Awards. McDermott is the incoming CEO for the cloud computing company ServiceNow.
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.
The gender pay gap or gender wage gap is the average difference between the remuneration for men and women who are working. Women are generally considered to be paid less than men. There are two distinct numbers regarding the pay gap: unadjusted versus adjusted pay gap. The latter typically takes into account differences in hours worked, occupations chosen, education and job experience. For example, someone who takes time off will likely not earn as much as someone who does not take time off from work. In the United States, for example, the unadjusted average female's annual salary has commonly been cited as being 78% of the average male salary, compared to 80–98% for the adjusted average salary.
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 Former Second Lady Jill Biden, Simon Sinek, and others).
Jill Tracy Biden is an American educator. She is the wife of the 47th vice president of the United States, Joe Biden, and served as second lady of the United States from 2009 to 2017.
Simon Oliver Sinek is a British-American author, motivational speaker and organizational consultant. He is the author of five books, including Start With Why (2009).
Morgan was named to Fortune magazine's list of the 50 Most Powerful Women in Business in both 2018 and 2019. Most recently, in 2019, Fortune ranked Morgan 43rd on the list.
Fortune is an American multinational business magazine headquartered in New York City, United States. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with Forbes and Bloomberg Businessweek in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, a ranking of companies by revenue that it has published annually since 1955.
In 2018, Morgan was ranked 55th on Forbes list of The World's 100 Most Powerful Women.
In 2017, the New York Hall of Science honored Morgan with the Distinguished Leadership Award.
Andrea Jung is a Canadian-American executive, non-profit leader, and prominent women's-issues supporter. In April, 2014, she became President and CEO of Grameen America, a nonprofit microfinance organization founded by Nobel Peace Prize winner, Muhammad Yunus. Grameen is the fastest-growing microfinance organization in the United States, providing the largest number of microfinance loans to individuals and small businesses. From 1999 until 2012, she served as the first female CEO and chairman of Avon Products, Inc., a multi-level marketing company. Jung was also the first woman to serve as Chairman of the Cosmetic, Toiletry & Fragrance Association, and Chairman of the World Federation of Direct Selling Associations.
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Eileen Murray is an American financial services executive and is co-CEO at Bridgewater Associates, one of the world's largest institutional asset managers. Murray has held executive positions at Morgan Stanley, Credit Suisse First Boston, Duff Capital Advisors and Investment Risk Management. She was named one of the 25 Most Powerful Non-Bank Women in Banking, by U.S. Banker magazine, for the years 2007 and 2008.
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Denise M. Morrison is an American business executive who served as president and chief executive officer of Campbell Soup Company from 2011 through 2018. Named the "21st Most Powerful Woman in Business" by Fortune Magazine in 2011, Morrison was elected a director of Campbell in October 2010. She became Campbell's 12th leader in the company's 140-year history. Morrison retired from Campbell in May 2018.
Mary Teresa Barra is the chair and CEO of General Motors Company. She has held the CEO position since January 15, 2014, and she is the first female CEO of a major global automaker. On December 10, 2013, GM named her to succeed Dan Akerson as chief executive officer, and prior to that, Barra served as the executive vice president of Global Product Development, Purchasing, and Supply Chain at General Motors.
Jennifer Hyman is the CEO and cofounder of Rent The Runway, a fashion and technology/logistics company that offers clothing, accessory, and home rentals from over 600 designer brands for women and kids via on-demand rentals and subscription. Rent the Runway has pioneered dynamic ownership in the fashion industry and amassed a huge customer following of 11million people.
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Renée J. James is an American technology executive, who was formerly the president of Intel. She is currently Chairman and CEO of Ampere Computing and an Operating Executive with The Carlyle Group in its Media and Technology practice. Renee also serves as the Vice Chair of the National Security Telecommunications Advisory Committee which advises the President of the United States.
Jane Fraser is a Scottish-American banking executive. Educated at Girton College, Cambridge, and Harvard Business School, she was a partner at McKinsey & Company for 10 years before joining Citigroup in 2004. She has been promoted numerous times and acceded to four CEO posts, the latest being CEO of Citigroup Latin America in April 2015. She was included on Fortune's "Most Powerful Women in Business" list in 2014 and 2015 and has been called the "Number 1 Woman to Watch" for two consecutive years by American Banker.
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Jill Soltau is the current Chief Executive Officer of JCPenney. She was previously CEO of Jo-Ann Fabrics.
Ann Marie Sarnoff is an American television executive. She became the chairperson and CEO of Warner Bros. in the summer of 2019. Sarnoff is the first woman to hold the position at the company.