SAP is set to lose the CFO from its cloud business, which the German-based firm has repeatedly described as an important cog in its recently revamped organizational structure.

Todd McElhatton, who currently serves as SVP and CFO of SAP’s Cloud Business Group, will join cloud-based subscription management platform provider Zuora on June 22. McElhatton, who is already prominently displayed on Zuora’s website, will oversee Zuora’s accounting and finance teams, reporting directly to company CEO Tien Tzuo. (Tzuo does have some interesting ideas on the current COVID-19 pandemic.)

According to his LinkedIn profile, McElhatton has been at SAP since early 2017. He first served as SVP and CFO for SAP North America before transitioning to his current role in SAP’s cloud business. Prior to SAP, McElhatton was VP and CFO for VMware’s Hybrid Cloud business and also served in finance leadership positions at Oracle and Hewlett Packard.

SAP did not provide any comment on the move.

McElhatton’s departure also comes two months after SAP extended the contract of its current CFO Luka Mucic for five years, which now runs through March 2026.

The executive change continues what has been a hectic year for SAP.

The company last month eliminated a dual-leadership structure with long-time executive and short-time co-CEO Jennifer Morgan leaving the company. That allowed Christian Klein to remove the “co” from his title and assume lone leadership of SAP.

Morgan and Klein were named to the co-CEO position last October, when SAP’s previous CEO Bill McDermott abruptly resigned. In announcing the new two-headed leadership team, SAP Board Chairman Hasso Plattner said the move was done through the company’s “long-term succession plan.”

In a statement, SAP attributed the streamlined leadership change to the ongoing COVID-19 pandemic.

“More than ever, the current environment requires companies to take swift, determined action which is best supported by a very clear leadership structure,” a company statement read. “Therefore, the decision to transfer from co-CEO to sole CEO model was taken earlier than planned to ensure strong, unambiguous steering in times of an unprecedented crisis.”

Andrew Bartels, VP and principal analyst at Forrester Research, at the time said that Klein’s ascension aligned with SAP’s notion of wanting to clear up its leadership structure in light of the current economic reality.

“Obviously the co-CEOs structure is clearly not a common practice, and only works in fairly stable environments where you’re trying to balance two sets of competing forces and you want these guys to wrestle it out,” Bartels said. “But then in a case like this where you need decisive action, then it makes a lot of sense to have one person who’s making decisions quickly and not having to go spend half an hour talking with so and so to get aligned on a decision. It just slows you down.”

Bartels also said the move could align with the heritage of SAP’s CEO structure.

“SAP is a very German company and Jennifer’s not German. And SAP is a very male company,” Bartels said. “Maybe Jennifer said that ‘I can read these tea leaves and I am not going to battle this out. I know SAP is not an environment that is going to welcome a non-German, non-male CEO.’ … So I think it was a combination of those factors that led to this end.”

That leadership change also came two months after SAP revamped its organizational structure, which included the exit of two board members. The company said the revamp provided a more integrated face for its customers.