German software group SAP has announced that Airbus finance chief Dominik Asam will join them in the same capacity, with the role due to start in March 2023.
53-year-old Asam joined Airbus in 2019, having previously served as German chip maker Infineon’s finance chief since 2011.
“I hope to stay in close touch with Airbus after transitioning to my new role at SAP to further deepen what is already a strong relationship between the two companies,” Asam said in a statement released by Airbus, who said the search had begun for his replacement.
SAP had previously announced in March that current finance chief Luka Mucic, who has been with the company for more than 25 years, would step down at the end of March 2023.
“Dominik Asam is a well-rounded and experienced leader in global finance and technology, and with that the right person to continue powering SAP’s successful cloud transformation,” SAP supervisory board chair Hasso Plattner said in a statement.
SAP trimmed its 2022 outlook to between 7.6 billion and 7.9 billion euros ($7.90 billion), from a range of 7.8 billion to 8.25 billion euros in July, citing charges related to the war in Ukraine.