Head of SAP's SuccessFactors unit leaves for Box

|About: SAP AG (SAP)|By:, SA News Editor

Graham Younger, the head of SAP's SuccessFactors cloud HR software unit, is leaving the company to become the head of field operations for enterprise cloud storage/file-sharing upstart Box.

The move comes less than a month after Quartz reported Box, which SAP's VC arm has invested in, has confidentially filed for an IPO.

SAP bought SuccessFactors for $3.4B in 2012. Lars Dalgaard, SuccessFactors's CEO at the time of the acquisition (and later the head of SAP's cloud ops), left SAP last year.

SAP's cloud subscription/support revenue rose 32% Y/Y in Q4 to €210M, while its traditional software sales fell 2% to €1.9B.