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Quentin Clark has apparently been appointed Chief Business Officer at SAP, according to the company's website. He joined SAP as Chief Technical Officer in November 2014 from Microsoft.
SAP's website says, "He is responsible for defining the direction for SAP and for advancing the company’s business strategy. In this role, he heads corporate strategy, corporate development, partner strategy and development, and portfolio strategy activities."
Whether this was totally a preplanned transition, or perhaps a step to place in position more management depth following Bill McDermott's recent misfortune, is not yet known.
Although confirmation of this can be seen in plain site in Clark's SAP website description, no official external announcement has been spotted yet, as of late Friday afternoon anyway.