DA

Dominik Asam

CFO
Company Name
German
+1.0 sentiment
1 movements
Verified

Biography

Dominik Asam serves as Chief Financial Officer and Member of the Executive Board at SAP SE, the world's leading enterprise software company, since March 2023. Born in Munich in 1969, Asam brings over 27 years of distinguished experience in financial leadership across technology and aerospace sectors. As SAP's CFO, he oversees finance, investor relations, legal, and data protection during a pivotal transformation period for the company. Under his leadership, SAP achieved exceptional 2024 financial performance with cloud revenue growing 25% year-over-year to €17.14 billion, while successfully executing a €3.2 billion company-wide restructuring program designed to drive operational efficiency and position SAP for continued growth. His strategic vision focuses on accelerating SAP's cloud transition, optimizing capital allocation, and maintaining strong free cash flow generation. Prior to SAP, Asam served as CFO at Airbus SE from 2019-2023, where he successfully navigated the company through the COVID-19 pandemic while driving business transformation. His earlier tenure as CFO at Infineon Technologies from 2011-2019 was marked by significant achievements including the company's largest acquisition of International Rectifier and securing Infineon's first Investment Grade rating from Standard & Poor's. Asam's unique combination of engineering expertise and financial acumen enables him to bridge technical innovation with sound fiscal management, making him a key architect of SAP's strategic evolution in the enterprise software market.

Career History

Chief Financial Officer & Member of Executive Board

Feb 2023Present
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Key Responsibilities:
Overall financial strategy and planning for €33+ billion revenue organizationOverseeing finance, investor relations, legal, and data protection functionsLeading €3.2 billion company-wide restructuring and transformation programCapital allocation optimization and cash flow managementDriving SAP's cloud transition strategy and financial performance

Chief Financial Officer

Mar 2019Jan 2023
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Key Responsibilities:
Financial strategy and planning for global aerospace and defense leaderLeading financial operations across commercial aircraft, helicopters, and defense divisionsInvestor relations and capital markets managementRisk management and strategic planningBusiness transformation and digitalization initiatives

Chief Financial Officer

Dec 2010Feb 2019
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Key Responsibilities:
Accounting & Reporting, Financial Controlling, Financial PlanningInvestor Relations, Tax, Treasury, Audit, ComplianceExport Control, Risk Management, Business ContinuityInformation Technology oversightStrategic M&A leadership and execution

Head of Group Controlling

Dec 2009Dec 2010
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Key Responsibilities:
Group-wide financial controlling and performance managementBudget planning and forecasting coordinationFinancial reporting and analysisPerformance measurement and KPI development

CEO Siemens Financial Services & Corporate VP/Treasurer

Dec 2004Dec 2009
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Key Responsibilities:
Leading Siemens Financial Services as CEOCorporate treasury and cash managementFinancial risk management and hedging strategiesCapital markets activities and funding strategies

Head of Investor Relations, M&A & Strategy

Dec 2002Dec 2004
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Key Responsibilities:
Investor relations and capital markets communicationMergers & acquisitions strategy and executionVenture capital activities and strategic investmentsCorporate strategy development and implementation

Investment Banking Division

Dec 1995Dec 2002
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Key Responsibilities:
Investment banking services across Frankfurt, London, and New YorkSemiconductor industry expertise and coverageCorporate finance advisory servicesClient relationship management and business development
Contact Information

Nationality

German

Social Media

Education

MBA in Business Administration from INSEAD, Fontainebleau, France

Diploma in Mechanical Engineering from Technical University of Munich (TUM), Germany

Ingénieur des Arts et Manufactures from École Centrale Paris, France

Current Position

CFO

Company Name

Statistics

Movements1
Sentiment Score
+1.0
StatusVerified
Executive Movements