Dominik Asam
Munich, Bavaria,Germany
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Dominik Asam is a distinguished German business executive currently serving as the Chief Financial Officer (CFO) and a member of the Executive Board at SAP SE. With a robust background that uniquely combines mechanical engineering and finance, he has built an extensive career managing the financial health of major global corporations. Before joining SAP in March 2023, he held the CFO position at Airbus, where he navigated the aerospace giant through significant market volatility. His prior experience includes an eight-year tenure as CFO for the semiconductor manufacturer Infineon Technologies AG and foundational roles in investment banking at Goldman Sachs. Asam is recognized for his strategic financial leadership and deep expertise across the technology, semiconductor, and aerospace industries.
How Did Dominik Asam's Career Path Shape Their Journey?
Dominik Asam's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:
What Are Dominik Asam's Key Achievements?
Steering SAP's Financial Cloud Transformation
As CFO of SAP, Dominik Asam is pivotal in managing the company's financial strategy and operations during its critical transition to a cloud-first business model, focusing on driving profitable growth and shareholder value.
Financial Leadership at Airbus During Global Crisis
During his tenure as CFO of Airbus (2019-2023), he successfully navigated the company's finances through the unprecedented challenges of the COVID-19 pandemic, implementing crucial measures to ensure liquidity and operational stability.
Driving Profitable Growth in the Semiconductor Industry
As CFO of Infineon Technologies for eight years (2011-2019), he played a key role in the company's financial success and strategic growth, contributing to its strong position in the global semiconductor market.
Supervisory Board Mandates
Serves as a member of the Supervisory Board for Bertelsmann, a major German multinational media, services, and education company, contributing his financial acumen to a different sector.
What's Dominik Asam's Educational Background?
MBA, Business Administration
INSEAD
Diploma, Mechanical Engineering
Technical University of Munich
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Company Overview
SAPSAP is a global leader in enterprise application software, renowned for its Enterprise Resource Planning (ERP) systems that help companies of all sizes and in all industries run their businesses profitably, adapt continuously, and grow sustainably. Their integrated suite of applications and services enables customers to manage business operations and customer relations effectively. Key products include the flagship SAP S/4HANA ERP suite, the SAP Business Technology Platform for integration and extension, and a wide range of cloud-based solutions for finance, human resources, supply chain, and customer experience.
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