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Jim Cramer: What SAP's New CEOs Mean for the Company

SAP is Real Money's stock of the day. SAP CEO Bill McDermott is stepping down from the company effective immediately. Two board members, Jennifer Morgan and Christian Klein, were appointed co-CEOs of the largest European-based software company. Morgan headed the company's cloud division, while Klein served as SAP's chief operating officer. McDermott announced his surprise departure just hours after SAP published stronger-than-expected third-quarter profit and a 37% increase in cloud revenue. Bull Market Fantasy: LIVE TUESDAY & THURSDAY @10:45AM Subscribe to our Youtube Channel for more videos : Listen our latest Podcasts on Soundcloud Catch Up: Today's Top News Videos Below
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