William (Bill) R. McDermott is an American businessman, currently serving as the CEO of ServiceNow. He previously held the position of CEO at SAP SE, during which time the company's market value significantly increased. McDermott is also an author, having co-written the memoir "Winners Dream: A Journey from Corner Store to Corner Office," which garnered a business book award. He transitioned to ServiceNow as CEO in November 2019, continuing his career in executive leadership within the technology sector.
Bill McDermott is a highly regarded business leader, known for his transformative leadership as CEO of ServiceNow and previously SAP. He is recognized for his focus on customer satisfaction and driving innovation. McDermott's career marks significant milestones within the tech industry.
On August 18, 1961, William R. McDermott was born. He is an American businessman and CEO of ServiceNow.
In 2000, McDermott became the president of Gartner.
In 2001, he became the executive vice president of worldwide sales and operations at Siebel Systems.
In 2002, he was the executive vice president of worldwide sales and operations at Siebel Systems.
In 2008, McDermott was designated to the SAP Executive Board.
On May 21, 2014, McDermott became the first American to become the CEO of SAP SE.
In July 2015, McDermott slipped and fell down the stairs while carrying a glass of water, which shattered and resulted in the loss of his left eye. He returned to SAP headquarters in October of that same year, with one eye.
In 2016, McDermott became the best-paid executive leading the companies that form the German stock index DAX, earning a direct remuneration of €11.6 million.
In 2016, McDermott was named "Manager of the Year" by the German Business Daily Handelsblatt.
SAP's market capitalization increased from $39 billion to $144 billion between 2010 and 2018.
At the end of October 2019, after McDermott stepped down from SAP, ServiceNow announced his appointment as CEO. He succeeded John Donahoe.
In November 2019, McDermott began his role as CEO of ServiceNow.
In 2021, McDermott was the 3rd highest paid CEO of all S&P 500 CEOs, receiving over $162 million in equity and $3.5 million in cash and other forms of compensation from ServiceNow.
In 2022, McDermott stated that he believes "that there's a real place in the world for the metaverse," and that ServiceNow could help someone "create an e-mall in the metaverse".
McDermott became a board member of Zoom Communications in 2022.
McDermott was on the boards of Fisker until 2024.
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