While we understand the public’s legitimate frustration at the length of the investigation, it is imperative that we get this process right,” said Adaire Fox-Martin, member of the Executive Board of SAP SE, who leads SAP’s business in MEE, EMEA and Greater China. As you can imagine I was shocked. HASSO PLATTNER & FAMILY $12.4 B software 98 LIU YONGHAO & FAMILY $12.3 B agribusiness 98 STEFAN QUANDT $12.3 B BMW 100 KEN GRIFFIN $12.1 B hedge funds 101 DAVID TEPPER $12 B hedge funds 101 WU YAJUN & FAMILY $12 B real estate 103 KWONG SIU-HING $11.9 B real estate 103 SHIV NADAR $11.9 B software services 105 SUN PIAOYANG $11.8 B pharmaceuticals Marie Louise Gericke and Elisabeth Urbig. On 21-1-1944 Hasso Plattner (nickname: Hasso ) was born in Berlin, Germany. Its policy is, and always has been, to carry out all company activities in accordance with the letter and spirit of applicable laws in the more than 180 countries in which the company operates. SAP stands accused of paying roughly the same amount to companies associated with the Gupta family. He made his 11400 million dollar fortune with Founder of SAP AG; majority owner of the San Jose Sharks ice hockey team. Famous German owner, SAP computer software co-founder Hasso Plattner has a history in grand prix yacht racing dating back to the dizzy heights of IOR and his Maxis named Morning Glory. Hasso Plattner Tina Plattner GEORGE, SOUTH AFRICA. The maestro moved in there with Jacqueline and her daughter Catherine, the same who later inherited this collection (and some more works, used to cover the nasty inheritance taxes) and to whom Picasso would refer as his “fille de lait”, literally his … After the suspension of four South African executives, the law firm of, Magnus Heystek on Regulation 28: Hell hath no fury…, Expats: Best and worst places to live when you leave…, BizBriefing: Mboweni to fight public servants on…, © 2020 BizNews, Inc. | The Rational Perspective, Open letter to SAP co-founder Hasso Plattner: Time to act on Gupta links. Everything from investing like Warren Buffett to the Audiobiography of Cyril Ramaphosa. At the same time, SAP placed four senior executives on administrative leave, pending the finalization of this investigation. Our executive board member Adaire Fox-Martin took over the case and went to South Africa. She too has … Plattner signed the ‘the giving Pledge’ in the year 2013. ... Plattner is alone in campaigning two boats in this series, with ‘Phoenix 12′ being helmed by his daughter Tina. Since 2003, Nir has founded and sold two successful tech companies and has taught at the Stanford Graduate School of Business and the Hasso Plattner Institute of Design at Stanford.  Planter served IBM for many years and was a very powerful resource for the company. About. Nir is also an active investor in habit-forming technologies. The build-up to Cape Town also saw the next step forward for Njord Analytic’s newest suite of advanced performance analysis tools. After few years of success for his institute Planter founded another wing for his educational structure and that is design school named as Hasso Plattner Institute of Design in association with Stanford University. The young woman in the center foreground is Germaine Hoschedé, the daughter of Monet’s companion Alice, whom he would marry in 1893. The news about questionable sales commissions by SAP in South Africa was brought to my attention by my daughter Kristina.  Talking about the growth of SAP, It has been estimated that the company has over 74, 0000 employees over the world and has an overall revenue which is excess of $21 billion. GREENVILLE, S.C.—Furman University sophomore Natalie Tikhonovsky has been named a University Innovation Fellow by Stanford University’s Hasso Plattner Institute of Design. Even so, Louie has stepped in and teamed with Stanford University’s d. School (formally the Hasso Plattner Institute of Design) to help ELL students at Boze Elementary in Tacoma.  In the beginning he worked for IBM and then in the later years along with four other colleagues left the company and formed their own set up SAP which eventually turned into one of the largest IT companies in the world. and asked for an immediate investigation and suspension of the SAP people involved. During his working with SAP SE in the year 1998 Plattner founded the Hasso Plattner Institute for IT systems engineering at the University of Potsdam. I'd like to begin by introducing dignitaries we have with us today. The marriage was followed the births of the couple's two daughters. Not only, did Plattner receive great recognitions at his work but even in the field of education. SAP SE is a software company found by Plattner and his other colleagues in IBM. Their younger daughter, Elisabeth… The team from Baker McKenzie has been reviewing and scrutinizing large volumes of data, talking to a variety of stakeholders and conducting interviews with all relevant persons. By Hasso Plattner* Dear Mr. van Zyl, The news about questionable sales commissions by SAP in South Africa was brought to my attention by my daughter Kristina. The pandemic has delayed some of this work and force the rest to happen remotely. As you can imagine I was shocked and asked for an immediate investigation and suspension of the SAP people involved. After the suspension of four South African executives, the law firm of Baker & McKenzie was asked to lead the investigation. For the time being, I profoundly apologise to the people of South Africa that this news has created any questions about the ethical business conduct of SAP. 3, p. 430). Over the years, he has been an active personality in many projects related to his field. Plattner is always a man of science. His foundation has donated R100 million to the SA's Solidarity Fund. Witt is a highly talented, approachable and pragmatic young software engineer and entrepreneur who trained at the Hasso Plattner Institute in Potsdam, near Berlin. Putting a toe into the TP52 class world he bought the 2014 Phoenix and had such fun racing it that he and daughter Tina joined the circuit for the full 2018 season with a brand new build Botin designed Phoenix 11. She is the daughter of Paresh and Malvika Bhatt of Clover, S.C. She joins a total of 169 students from 49 higher education institutions in four countries who have also received the recognition for […] Hasso Plattner started his career in Information Technology with the largest IT conglomerate IBM. As soon as the facts are on the table, the SAP Supervisory Board will meet and discuss the consequences. Thank you all for coming out early this morning for this major announcement. writes, consults and teaches about the intersection of psychology, technology and business. She is the daughter of Sergey and Oksana Tikhonovsky of Marietta, Ga. According to Forbes Magazine, Plattner has a net worth of US$8.9 billion and has been ranked as the 10th richest man in Germany and 147th globally. Famous German owner, SAP computer software co-founder Hasso Plattner has a history in grand prix yacht racing dating back to the dizzy heights of IOR and his Maxis named Morning Glory. Our executive board member Adaire Fox-Martin took over the case and went to South Africa. The company initiated an investigation spearheaded by international law firm Baker McKenzie on July 12, 2017. Subscribe to our Newsletter to get daily updates on local affairs, with a global context. SAP will not tolerate any misconduct. The economist is married to Sabine Plattner, his starsign is Aquarius and he is now 76 years of age. A bombshell report by AmaBhungane earlier this year revealed how SAP paid Gupta-linked CAD House R100m as an apparent kickback to win state contracts with Transnet. Any evidence of wrongdoing will be dealt with vigorously and comprehensively. Plattner — who also owns the prestigious Fancourt Golf Estate and Hotel along the Garden Route — is promising a thorough investigation that will get to the bottom of the matter. “We are acutely aware that we owe South Africa answers. In addition to his work in SAP, Plattner is also a renowned Philanthropist. As you can imagine I was shocked and asked for an immediate investigation and suspension of the SAP people involved. Read on. Plattner completed his education in Master of Science from University of Karlsruhe. I understand that SAP has a responsibility to inform the public and we have strongly urged our outside counsel to expedite the investigation.  Over the years it has developed from every dimension and in the contemporary age it is considered to be one of the largest software companies around the world. After SAP suspended its four South African managers and launched a probe in July, the company has since gone quiet on progress regarding the matter. It’s a strong, personal response from Plattner that prompts hope that SAP is taking the matter seriously. Earlier on Friday, SAP chairman Hasso Plattner, who owns the golf estate Fancourt in George in the Western Cape, apologised to “the people of South Africa”. ... His daughter Bettina Wuerth has run the company since he retired from day-to-day operations in … A sooner response would have been preferable, but we also have to be legally correct. After racing a bit and setting his sights higher for the 52 Super Series a 2018 Botin design was ordered and built at Persico copying the livery of the 2014 boat. Hasso Plattner and four co-workers from IBM founded SAP, a software company, ... His daughter Bettina Wuerth has run the company since he retired from … German businessman Hasso Plattner made his fortune in technology. SAP — along with KPMG and McKinsey & Company — finds itself entangled in the corrupt Gupta web, a saga that has exploded onto the international stage. Furman University sophomore Juhee Bhatt has been named a University Innovation Fellow by Stanford University’s Hasso Plattner Institute of Design (d.school). That the investigation takes this long bothers me as much as it does you. ... the painting from the Hasso Plattner Collection is listed as no. In correlation with work, Hasso Plattner was passionate about promoting science and technological research, innovation, foundation and entrepreneurship. Hasso Plattner. Hasso Plattner and his daughter Tina are campaigning them with world class crews which include a smattering of South Africans. Hasso Plattner played a massive role in getting this series, as well as the now cancelled Rolex TP52 World Championship to Cape Town. William H. Gates II, a lawyer and philanthropist best known as the father of Microsoft co-founder Bill Gates, has died at 94. After racing a bit and setting his sights higher for the 52 Super Series a 2018 Botin design was ordered and built at Persico copying the livery of the 2014 boat. The news about questionable sales commissions by SAP in South Africa was brought to my attention by my daughter Kristina. Putting a toe into the TP52 class world he bought the 2014 Phoenix and had such fun racing it that he and daughter Tina joined the circuit for the full 2018 season with a brand new build Botin designed Phoenix 11. Hasso Plattner was born on 21st January 1955 in Berlin, Germany. I can guarantee you that we will turn over every leaf in order to find out what happened or didn’t happen.The business ethics of SAP are clearly stated and there is no room for deviation.  In the year 2002 he was honored with a doctorate and right after two years Plattner was accredited with an honorary professorship from University of Potsdam. Njord was originally seeded by Plattner and driven by the Phoenix teams. Photographer: Alex Kraus/Bloomberg. – Gareth van Zyl, Read more: Open letter to SAP co-founder Hasso Plattner: Time to act on Gupta links. I'm the senior manager of communications and media operations for the PGA TOUR. Along with this recognition, he is also considered to be the most influential and important IT personalities ranked at number One by Times Magazine Europe. For more information, visit the SAP News Center. Njord was originally seeded by Plattner and driven by the Phoenix teams. Along with this he also has a business incubator and venture capital fund which supports young IT professionals in various projects and also supports various institutions in South Africa on medical grounds, research work on HIV/AIDS, as well as provide daycare and sports activities for African children. ‘When the Phoenix team came looking I flew straight to Puerto Portals in 2018 to see what they were doing… In a letter to the website BizNews, Plattner said: “The news about questionable sales commissions by SAP in South Africa was brought to my attention by my daughter Kristina. Hasso Plattner is a married person and has two children. About. WALLDORF — SAP SE (NYSE: SAP) today announced that it will provide an update on the investigation into allegations of wrongdoing in its South African business during the last week of October 2017. Follow SAP on Twitter at @sapnews. It turns out his 21-year-old daughter Jennifer has quietly been making a name for herself without the help of her famous father.  In the year 1972, Hasso Plattner along with four other colleagues left IBM and created their own start up. JOHANNESBURG — Hasso Plattner, the co-founder and chair of global business software giant SAP, has responded to an open letter that I penned regarding the company’s probe into its links with the Guptas. Listen to the story of Cyril Ramaphosa's rise to presidential power, narrated by our very own Alec Hogg. It is already known that his organization serves various activities in Africa but another important aspect which will mark his presence in a larger way as a philanthropist is saving the historical building ‘Stadschloss’ in Potsdam, which was destroyed during the World War II. The German-based company, led by Jonas Witt, grew from SAP co-founder Plattner’s own dissatisfaction for what he saw available when he and his daughter Tina started working up the two Phoenix TP52s in 2018. The world is changing fast and to keep up you need local knowledge with global context. Dr. Andreas Gericke is their grandson. “We remain committed to delivering on our initial promise to manage this process in a transparent way and to give a full account to our employees, customers, partners and the South African public.”. But German businessman Plattner — who along with four other colleagues left IBM in 1972 to launch SAP — tells BizNews that his South African unit’s exposed dealings with the Guptas irked him so much that he was the one who demanded an immediate investigation and the suspension of four SAP South Africa managers. 1136 (vol. Hasso Plattner and four colleagues left IBM in 1972 to launch German software company SAP, which went public in 1988. © 2020 BizNews, Inc. | The Rational PerspectiveTerms & ConditionsComments Policy. Hasso Plattner is one of the top 100 richest people in the world, and co-founded SAP. Hasso Plattner and four co-workers from IBM founded SAP, a software company, in 1972. UPDATE: Subsequent to our open letter to Plattner, SAP late on Friday issued a further statement on its Gupta probe in South Africa. He began his career at IBM Germany in 1968 but left with four other colleagues to launch software firm SAP in 1972. Hasso Plattner is a German business man and the co-founder of one of the largest software multinational company SAP SE based in Germany. SAP is committed to the highest standards of business ethics. Behind her to the left is one of Monet’s sons, either Jean-Pierre or Michel. Mrs. Adaire Fox-Martin is prepared to make an announcement regarding the progress, shortly. According to Forbes Magazine, Plattner has a net worth of US$8.9 billion and has been ranked as the 10th richest man in Germany and 147th globally. JAMES CRAMER: Good morning. On occasions just one of the boats will compete. Witt is a highly talented, approachable and pragmatic young software engineer and entrepreneur who trained at the Hasso Plattner Institute in Potsdam, near Berlin. Founded by a group of former . Hasso Plattner is a German business man and the co-founder of one of the largest software multinational company SAP SE based in Germany. Both boats are sailing under the Royal Cape Yacht Club burgee, and are named ‘Phoenix’. My name is James Cramer. "Then David decided he wanted to bring it back to academia, so he founded the d.school (formally called the Hasso Plattner Institute of Design at Stanford) in 2005. Slightly confusing maybe but Hasso Plattner entered the TP52 arena by buying the 2014 Phoenix originally owned by Eduardo de Souza Ramos and kept the boat in its original livery. Slightly confusing maybe but Hasso Plattner entered the TP52 arena by buying the 2014 Phoenix originally owned by Eduardo de Souza Ramos and kept the boat in its original livery. ‘When the Phoenix team came looking I flew straight to Puerto Portals in 2018 to see what they were doing…

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