Exclusive: SAP says top Gulf executives out; source says Iran compliance at issue | Reuters

FRANKFURT (Reuters) - SAP (SAPG.DE) faces fresh questions about its sales practices in emerging markets after executives in charge of its business dealings with Iran have resigned or been put on administrative leave recently, the German business software said on Wednesday. SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski Europe’s largest technology company, whose financial controls software is used by the world’s biggest multinationals, told Reuters the company is investigating sales practices in its Gulf States region, which oversees the company’s Iran dealings.

Reuters November 22, 2017 23:03:40 IST
Exclusive: SAP says top Gulf executives out; source says Iran compliance at issue | Reuters

Exclusive SAP says top Gulf executives out source says Iran compliance at issue  ReutersFRANKFURT (Reuters) - SAP (SAPG.DE) faces fresh questions about its sales practices in emerging markets after executives in charge of its business dealings with Iran have resigned or been put on administrative leave recently, the German business software said on Wednesday. SAP logo at SAP headquarters in Walldorf, Germany, January 24, 2017. REUTERS/Ralph Orlowski Europe’s largest technology company, whose financial controls software is used by the world’s biggest multinationals, told Reuters the company is investigating sales practices in its Gulf States region, which oversees the company’s Iran dealings. A source familiar with the situation said Tayfun Topkoc, SAP’s country manager for the United Arab Emirates, has resigned from the company, while Przemek Oledzki, SAP’s Oman country manager - whose LinkedIn profile identifies him as chief of staff for the UAE, Iran and Oman region - was put on administrative leave. The source said the departures were connected to business dealings in Iran but provided no further details.

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