Concur co-founders Rajeev Singh and Michael Hilton announced
they are leaving the company on Jan. 30, according to three separate emails
sent to employees and obtained Tuesday by Business Travel News, a sister
publication of Travel Weekly.
Rajeev Singh
Concur, a provider of travel and expense services, was
founded in 1993. SAP closed on its $8.3 billion acquisition of Concur in
December.
Concur appointed Elena Donio, previously Concur executive
vice president and general manager of small and mid-size business, Concur
president to replace Rajeev Singh effective immediately, according to
co-founder Steve Singh's email.
Michael Hilton
Barry Padgett, previously Concur executive vice president
and general manager of Europe, Middle East and Africa, succeeds Hilton as
executive vice president of travel services, according to the same email.
Rajeev Singh and Hilton are available through June for
"transition-related activities," the emails stated.
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Source: Business Travel News