Age, Biography and Wiki
Bill McDermott (William R. McDermott) was born on 18 August, 1961 in Flushing, Queens, New York, U.S., is an American businessman (born 1961). Discover Bill McDermott's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 62 years old?
| Popular As |
William R. McDermott |
| Occupation |
Businessman |
| Age |
62 years old |
| Zodiac Sign |
Leo |
| Born |
18 August, 1961 |
| Birthday |
18 August |
| Birthplace |
Flushing, Queens, New York, U.S. |
| Nationality |
United States
|
We recommend you to check the complete list of Famous People born on 18 August.
He is a member of famous Businessman with the age 62 years old group.
Bill McDermott Height, Weight & Measurements
At 62 years old, Bill McDermott height not available right now. We will update Bill McDermott's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Bill McDermott's Wife?
His wife is Julie McDermott
| Family |
| Parents |
Not Available |
| Wife |
Julie McDermott |
| Sibling |
Not Available |
| Children |
2 |
Bill McDermott Net Worth
His net worth has been growing significantly in 2023-2024. So, how much is Bill McDermott worth at the age of 62 years old? Bill McDermott’s income source is mostly from being a successful Businessman. He is from United States. We have estimated Bill McDermott's net worth, money, salary, income, and assets.
| Net Worth in 2024 |
$1 Million - $5 Million |
| Salary in 2024 |
Under Review |
| Net Worth in 2023 |
Pending |
| Salary in 2023 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
Businessman |
Bill McDermott Social Network
Timeline
William R. McDermott (born August 18, 1961) is an American businessman and is currently CEO of ServiceNow.
Before ServiceNow, he was the CEO of the technology company SAP SE.
During his tenure as co-CEO and CEO, SAP's market value increased from $39 billion to $156 billion.
McDermott, along with Joanne Gordon, wrote a memoir, Winners Dream: A Journey from Corner Store to Corner Office, and was awarded a gold medal for business memoir of the year by the Axiom Business Book Awards.
and then became the President of Gartner in 2000.
From 2001 to 2002, he served as Executive Vice President of Worldwide Sales and Operations at Siebel Systems.
In 2002, McDermott was appointed by SAP as the CEO of SAP America.
He was designated to the SAP Executive Board in 2008, and in February 2010, he became the co-CEO of SAP AG.
Since 2010, SAP's market cap has increased from $39 billion to $144.7 billion by February 2018.
SAP did many acquisitions under his tenure, starting with Sybase in 2010.
After four years, on May 21, 2014, McDermott became the first American to become the CEO of the company, now known as SAP SE.
In July 2015, McDermott slipped and fell down the stairs while carrying a glass of water.
The glass shattered into pieces, with one going through his left eye.
He underwent "11 or 12 surgeries by the time it was all done", but ultimately the accident cost him his left eye.
McDermott returned to SAP headquarters in October of that same year.
In 2016 McDermott became the best-paid executive leading the companies that form the German stock index DAX by earning a direct remuneration of €11.6 million.
In 2016, McDermott was named "Manager of the Year" by the German Business Daily Handelsblatt.
He has received numerous awards for his civic leadership, which includes:
McDermott recently was recognized as a top CEO by Glassdoor in Canada, the United States, the United Kingdom, and Germany.
McDermott is a member of the Business Roundtable.
McDermott and his wife Julie have two sons.
McDermott began his role as CEO of ServiceNow in November, 2019.
Bill McDermott was born in Amityville on Long Island, where he also grew up.
He is one of four children to Kathleen and Bill McDermott and a grandson to Naismith Memorial Basketball Hall of Fame player Bobby McDermott.
At age 16, he bought the Amityville Country Delicatessen in Long Island for $7,000.
McDermott studied Business Management at Dowling College.
His deli business helped him pay for his undergraduate education.
After completing his undergraduate studies, McDermott attended Northwestern University's Kellogg School of Management where he earned his MBA, and then completed the Executive Development Program at the Wharton School of Business.
McDermott worked for 17 years at Xerox
On October 10, 2019, McDermott decided to leave SAP SE.
At the end of October 2019 after McDermott stepped down from SAP, ServiceNow announced his appointment as CEO.
He succeeded John Donahoe at the end of 2019 as Donahoe finished his tenure at the company.
He cited "the company’s strength in cloud computing and enterprise software, and the challenge of building an already vibrant company further" as reasons for him to join ServiceNow as CEO.
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.
