From SAP to ServiceNow: Bill McDermott’s salary doubled

Why did CEO Bill McDermott (58) switch from the German software genius SAP to the unknown ServiceNow in October last year? This is related to the fact that no one wants him to stay in SAP. However, anyone who sees the best-selling products performing well among cloud computing companies knows another answer: this is where someone lives. The manager leaped down on the stage, applauded and applauded, and broadcast the motto of the event: “Dream Big”.

ServiceNow provides software for work organizations; in Silicon Valley, when McDermott plans to increase sales from the current $3.5 billion to $10 billion by 2024, no one will shake his head.

Compared with California, McDermott’s salary is not as distinctive as Germany. In SAP, McDermott had the highest Dax revenue in 2019, at 15.2 million euros. In California, its revenue may more than double. According to documents from the US Securities and Exchange Commission, McDermott can only receive a fixed salary of one million dollars a year. However, including total daily prices, shares and options, this can total more than 30 million.