<PAGE> 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 OF
THE SECURITIES EXCHANGE ACT OF 1934
April 27, 2000
SAP AKTIENGESELLSCHAFT
SYSTEME, ANWENDUNGEN, PRODUKTE IN DER DATENVERARBEITUNG
(Exact name of registrant as specified in its charter)
SAP CORPORATION
SYSTEMS, APPLICATIONS AND PRODUCTS IN DATA PROCESSING
(Translation of registrant's name into English)
Neurottstrasse 16
69190 Walldorf
Federal Republic of Germany
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports
under cover of Form 20-F or Form 40-F.
Form 20-F [X] Form 40-F [ ]
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes [ ] No [X]
If "Yes" is marked, indicate below the file number assigned to the registrant in
connection with Rule 12g3-2(b): 82-_______.
<PAGE> 2
SAP AKTIENGESELLSCHAFT
SYSTEME, ANWENDUNGEN, PRODUKTE IN DER DATENVERARBEITUNG
FORM 6-K
On April 19, 2000, SAP Aktiengesellschaft Systeme, Anwendungen, Produkte in der
Datenverarbeitung, a stock corporation organized under the laws of the Federal
Republic of Germany (the "Company"), issued a press release announcing a
management change at SAP America, Inc. (the "Press Release"). The Press Release
is attached as Exhibit 99.1 hereto and incorporated by reference herein.
Any statements contained in the Press Release that are not historical facts are
forward-looking statements as defined in the U.S. Private Securities Litigation
Reform Act of 1995. Words such as "believe," "estimate," "intend," "may,"
"will," "expect," "anticipate" and "project" and similar expressions as they
relate to the Company are intended to identify such forward-looking statements.
The Company undertakes no obligation to publicly update or revise any
forward-looking statements. All forward-looking statements are subject to
various risks and uncertainties that could cause actual results to differ
materially from expectations. The factors that could affect the Company's future
financial results are discussed more fully in the Company's filings with the
U.S. Securities and Exchange Commission (the "SEC"), including the Company's
Annual Report on Form 20-F for 1999 filed with the SEC on April 7, 2000. Readers
are cautioned not to place undue reliance on these forward-looking statements,
which speak only as of their dates.
1
<PAGE> 3
EXHIBITS
Exhibit No. Exhibit
- ----------- -------
99.1 Press Release, dated April 19,
2000.
2
<PAGE> 4
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
SAP AKTIENGESELLSCHAFT SYSTEME,
ANWENDUNGEN, PRODUKTE IN DER
DATENVERARBEITUNG
(Registrant)
By: /s/ Henning Kagermann
Name: Prof. Dr. Henning Kagermann
Title: Co-Chairman and CEO
By: /s/ ppa Junge
Name: Michael Junge
Title: Head of Legal Department
Date: April 27, 2000
3
<PAGE> 5
EXHIBIT INDEX
Exhibit No. Exhibit
- ----------- -------
99.1 Press Release, dated April 19,
2000.
4
<PAGE> 1
FOR IMMEDIATE RELEASE
Contact: Gundolf Moritz
SAP AG
011-49-6227-7-44872
or
David Lowy
Taylor Rafferty Associates
212-889-4350
Management Change At SAP America
WALLDORF/NEWTOWN SQUARE, Germany - April 19, 2000 - SAP AG announced today that
the Board of SAP AG has accepted the resignation of Kevin McKay, a member of SAP
AG's Extended Management Board and Chief Executive Officer of SAP America, Inc.,
effective immediately. The Board had proposed that McKay assume the role of
Chief Financial Officer for the SAP AG Group worldwide. McKay has decided for
personal reasons to pursue alternatives outside of SAP.
Wolfgang Kemna, a 13-year SAP veteran and member of the SAP Extended Management
Board, who until now has been Managing Director of SAP's successful German
subsidiary will replace Kevin McKay as CEO of SAP America Inc., effective
immediately. Wolfgang Kemna's replacement at the helm of SAP's German subsidiary
will be Ernie Gunst, who is currently Managing Director of SAP Switzerland.
Ernie Gunst will take on management of SAP Germany in addition to his current
duties as head of SAP Switzerland. In addition Ernie Gunst will join the SAP
Extended Management Board.
During his tenure at the helm of SAP America, Kevin McKay played an important
role in developing and implementing SAP's Internet strategy. The Executive Board
thanks McKay for his contribution and wishes him much success for the future.
Wolfgang Kemna who was appointed to the SAP Extended Management Board last
month, joined SAP in 1987 and has been instrumental to SAP's global success. A
seasoned sales manager, Wolfgang Kemna played a key role in developing several
SAP subsidiaries into market leaders. Between 1995 and 1998 he headed SAP
operations in Africa, the Middle East and the South East of Europe. Since July
1998, he has served as one of two Managing Directors of SAP Germany with
responsibility for Sales and Marketing. Prior to that, Wolfgang Kemna served for
three years as Managing Director of SAP Southern Africa.
Ernie Gunst has been with SAP for ten years. From 1993 onwards he very
successfully managed SAP Belgium and took over SAP Switzerland in 1996, rapidly
restoring it to its former status as one of SAP's most successful subsidiaries.
In April 1999, Ernie Gunst took on additional responsibilities as Managing
Director of SAP UK, until Hans-Peter Klaey took over as permanent Managing
Director of SAP UK in January.
Any statements contained in this documents that are not historical facts are
forward-looking
-1-
<PAGE> 2
statements as defined in the U.S. Private Securities Litigation Reform Act of
1995. Words such as "believe," "estimate," "intend," "may," "will," "expect,"
and "project" and similar expressions as they relate to the Company are intended
to identify such forward-looking statements. The Company undertakes no
obligation to publicly update or revise any forward-looking statements. All
forward-looking statements are subject to various risks and uncertainties that
could cause actual results to differ materially from expectations. The factors
that could affect the Company's future financial results are discussed more
fully in the Company's filings with the U.S. Securities and Exchange Commission
(the "SEC"), including the Company's Annual Report on Form 20-F for 1999 filed
with the SEC on April 7, 2000. Readers are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of their dates.
SAP AG preference and common shares are listed on the Frankfurt Stock Exchange
as well as a number of other exchanges. In the US, SAP's American Depositary
Receipts (ADRs), each worth one-twelfth of a preference share, trade on the New
York Stock Exchange under the symbol "SAP". SAP is a component of the DAX, the
index of 30 German blue chip companies.
Information on the SAP AG preference shares is available on Bloomberg under the
symbol SAP3 GR, on Reuters under SAPG_p.F or DE and on Quotron under SAGVD.EU.
Information on the SAP common shares is available on Bloomberg under the symbol
SAP GR, on Reuters under SAPG.F and on Quotron under SAGR.EU. Additional
information is available on SAP AG's home page: http://www.sap.com.
-2-
