Bill McDermott Biography
Bill McDermott (b. Aug 18, 1961) is an American businessman who was born in Flushing, Queens, NY, and brought up in Amityville on Long Island, United States of America. Currently, he serves as the President and CEO of the Software company ServiceNow. Previously, before joining ServiceNow, McDermott worked as the CEO of SAP and helped increase the market cap from $39 billion to $144.7 billion.
10 Facts About Bill McDermott
- Name: Bill McDermott
- Age: 60 years
- Birthday: Aug 18
- Height: 6 feet 2 inches
- Weight: 71 kgs
- Nationality: American
- Occupation: businessman
- Marital Status: To be Updated.
- Salary: To be Updated
- Networth: $60 million
Bill McDermott’s Age
Bill is 60 years as of 2021. He was born on Aug 18, 1961, in Flushing, Queens, NY, USA. He celebrates his birthday on Aug 18 yearly. His birth sign is Leo.
Bill McDermott Height
Bill stands at a height of 6 feet 2 inches (approx. 1.88 meters).
Bill McDermott Weight
McDermott also weighs 156.5 lbs which is equivalent to (71 kgs).
Bill McDermott Education
McDermott undertook a Business Management course at Dowling College. He was helped by his Deli to pay for his undergraduate education. McDermott attended Northwestern University’s Kellogg School of Management after completing his undergraduate studies, where he earned his MBA, and then completed the Executive Development Program at the Wharton School of Business.
Bill McDermott Family and Parents
Bill was born to both parents in a large-sized family. His mother Kathleen McDermott worked as a media artist and technology designer, while details about his father Bill McDermott are currently unavailable. Nevertheless, McDermott’s father and mother were quite supportive and loving while he grew up.
Furthermore, McDermott has three siblings, a brother called Kevin and a sister Gennifer. Additionally, his grandfather Bobby McDermott was a professional basketball player. He bought the Amityville Country Delicatessen in Long Island at the age of 16 for $7,000
Bill McDermott Wife Julie McDermott
Bill married Julie McDermott on April 21, 1991, in a private wedding ceremony attended by family and close friends. However, nothing much is known about his darling wife Julie apart from she is a breast cancer survivor, nevertheless, together they are blessed with two children, all sons. The family resides in Silicon Valley, CA.
Regardless, as soon as additional information about Bill’s wife and family is available we shall update this part immediately.
Bill McDermott Salary
As the Chief Executive Officer and Member of the Executive Board of SAP SE, the total compensation of Bill McDermott at SAP SE is $5,426,100. There are no executives at SAP SE getting paid more.
Bill McDermott’s Net Worth
Bill has an estimated net worth of $60 million dollars as of 2020. This includes his assets, money, and income. His primary source of income is his career as a businessman. Through his various sources of income, he has been able to accumulate good fortune but prefers to lead a modest lifestyle.
Bill McDermott Measurements and Facts
Here are some interesting facts and body measurements you should know about Bill.
Bill McDermott Wiki
- Full Names: William R. McDermott
- Popular As: Bill McDermott
- Gender: Male
- Occupation / Profession: Businessman
- Nationality: American
- Race / Ethnicity: White
- Religion: Not Known
- Sexual Orientation: Straight
Bill McDermott Birthday
- Age / How Old?: 58 years (2020)
- Zodiac Sign: Leo
- Date of Birth: Aug 18, 1961
- Place of Birth: Flushing, Queens, NY
- Birthday: Aug 18
Bill McDermott Body Measurements
- Body Measurements: Not Available
- Height / How Tall?: 6’2″(1.88 meters)
- Weight: 156.5 lbs (71 kgs)
- Eye Color: Not Available
- Hair Color: Gray
- Shoe Size: Not Available
Bill McDermott Family and Relationship
- Father (Dad): Bill McDermott
- Mother: Kathleen McDermott
- Siblings (Brothers and Sisters): Kelvin, Gennifer
- Marital Status: Married
- Wife/Spouse: Married to Julie McDermott
- Dating / Girlfriend: Not Applicable
- Children: Sons (Two)
Bill McDermott Net worth and Salary
- Net Worth: Under Review
- Salary: Under Review
- Source of Income: CEO
Bill Mcdermott ServiceNow CEO
At the point when McDermott reported he was venturing down as CEO at SAP two or three weeks prior, it surely felt like an inquisitive move — yet he arrived on his feet before long. ServiceNow management announced McDermott as the incumbent CEO of ServiceNow.
Bill took over as ServiceNow CEO from John Donahoe in Nov 2019. Additionally, he serves as the president of ServiceNow. He declared that he would help ServiceNow grow its already strong cloud computing and enterprise software further.
Nevertheless, former ServiceNow CEO John Donahoe currently serves as CEO at Nike.
Bill McDermott SAP CEO
German multinational software corporation SAP appointed McDermott as the CEO of SAP America in 2002. Furthermore, Bill was appointed to the SAP Executive Board in 2008. As a result of his good policies at SAP, SAP Management appointed Bill as co-CEO of SAP AG. He served as co-CEO at SAP AG for four years until May 21, 2014, when he became the CEO.
Furthermore, McDermott’s new insightful policies at SAP helped increase the company’s market cap. SAP’s market cap rose from $39 billion to $144.7 billion from 2010 to Feb 2018 due to Bill’s governance. Furthermore, he was the best-paid executive in 2016 after earning a salary of €11.6 million.
After enjoying 17 great years at SAP, McDermott left SAP SE on Oct 10, 2019, to seek different challenges.
Bill McDermott Eye, Accident, Unfall, and Vision
Bill McDermott, lost the vision of his left eye after falling on broken glass in 2015. The incident happened after Mcdermott slipped on the stairs at his brother’s home at night in July 2015 while holding a glass of water. The accident led to Bill losing the vision ability of his left eye. As a result, the wealthy SAP CEO does not leave his house without sunglasses since the dreadful accident.
Bill McDermott Book
- Winners Dream: A Journey from Corner Store to Corner Office; It is a leadership and career manifesto told through the narrative of one of today’s most inspiring, admired, and successful global leaders. In Winners Dream, Bill McDermott—the CEO of the world’s largest business software company, SAP—chronicles how relentless optimism, hard work, and disciplined execution embolden people and equip organizations to achieve audacious goals.
Bill McDermott Steps Down
SAP Management announced that McDermott, its CEO for the last nine years, was stepping down on 11 Oct 2019. McDermott decided not to renew his contract but chose to leave SAP. Nevertheless, SAP Executive Board members Jennifer Morgan and Christian Klein currently serve as co-CEOs for SAP.
It’s vague why McDermott decided to leave SAP. Dissident financial specialist Elliott Management late unveiled a $1.35 billion stake in SAP, yet when requested a remark about the present news, Elliott’s representative revealed to us that it didn’t have any “prompt remark.”
Frequently Asked Questions About McDermott
Bill is a well-known businessman who currently serves as CEO and president for ServiceNow. Prior to joining ServiceNow, he served as the CEO of SAP.
Bill is 60 years as of 2021. He was born on Aug 18, 1961, in Flushing, Queens, NY, USA.
Bill stands at a height of 6 feet 2 inches (approx. 1.88 meters).
Yes, Bill married Julie on April 21, 1991, in a private wedding ceremony. Together, the couple has two children. The couple resides in their new mansion in Silicon Valley, CA with their children.
McDermott has not yet revealed his exact net worth. Nevertheless, as soon as we get and verify information about the wealth and properties under his name, we shall update Bill’s actual net worth.
Details about Bill’s salary are not yet disclosed. However, information about how much he makes will be updated as soon as it is available.
He is a resident of Silicon Valley, CA USA. He bought his new mansion from David Sacks at a quoted price of $22 million.
Billy had a dreadful accident while at his brother’s house which cost him his left eye. Besides that, McDermott is alive and in good health.
McDermott is pursuing his career in entrepreneurship. He is working as the CEO and President of ServiceNow since Nov 2019.
Bill decided to leave SAP due to personal reasons in order to venture into new challenges.
B McDermott Social Media Contacts
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