William (Bill) McDermott is an American businessman currently serving as the CEO of ServiceNow. He is best known for his previous role as CEO of SAP SE, where he significantly increased the company's market value. McDermott co-authored the memoir "Winners Dream: A Journey from Corner Store to Corner Office", which received a business book award. He assumed the CEO position at ServiceNow in November 2019.
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, McDermott was appointed executive vice president of worldwide sales and operations at Siebel Systems.
In 2002, McDermott was still working as executive vice president of worldwide sales and operations at Siebel Systems.
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, with the glass shattering into pieces. The accident cost him his left eye despite undergoing multiple surgeries.
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.
Between 2010 and 2018, SAP's market capitalization increased from $39 billion to $144 billion.
At the end of October 2019, after McDermott stepped down from SAP, ServiceNow announced his appointment as CEO.
In November 2019, Bill 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 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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