SAP extends contracts for executive team, including CEO, until 2021

BERLIN/FRANKFURT (Reuters) - German software giant SAP on Thursday extended the contracts of its top executive team until 2021, according to an internal memo seen by Reuters, in a move that dispels doubts about the future tenure of Chief Executive Bill McDermott. McDermott lost his sight in one eye after falling down a flight of stairs during a holiday last July. Last month, German weekly WirtschaftsWoche cited company sources as saying that SAP's board was considering replacing McDermott with t