Former SAP and Hewlett-Packard CEO Léo Apotheker Joins Appway as First Independent Board Member

January 24, 2021
Company Profiles
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ZURICH, SWITZERLAND – Appway, a leader in technology for workflow automation in financial services, today announced the appointment of Léo Apotheker as the first independent member of its board of directors.

Léo Apotheker spent more than 20 years at the German software giant SAP and held the role of the company’s Chief Executive Officer from 2007 through 2010. From 2010 to 2011, he served as Chief Executive Officer and President of Hewlett-Packard Inc. Currently, Mr. Apotheker sits on the boards of a number of leading technology companies, such as Schneider Electric SE, NICE, and Syncron AB.

“We are extremely excited to welcome Léo to the board,” said Hanspeter Wolf, Founder and CEO of Appway. “Léo shares our vision of ’Connecting the Disconnected’ to accelerate the delivery and continuous optimization of business-critical software applications. His strategic insights and extensive experience in enterprise software, underlined by an absolutely outstanding international growth track record make him a fantastic coach and mentor to the Appway senior leadership team. His presence on our board will definitely enrich our approach to accelerate the growth of our business even further.”

In June 2020, Appway announced its first external capital raise since its founding in 2003 – a $37 million minority investment from global growth equity firm Summit Partners – with the purpose to support the company’s next phase of growth.

“Appway has an impressive track record,” commented Léo Apotheker. “I believe the company has outstanding technology which will enable it to expand in existing and new markets. I am pleased to have the opportunity to help Hanspeter and his team in achieving that goal.”

Source: Appway

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