Incoming ServiceNow CEO Bill McDermott on his plans for the company

Shares of enterprise software company ServiceNow fell as much as 15% after hours on Tuesday after the company said Bill McDermott, who recently stepped down as CEO of SAP, is joining ServiceNow later this year to become its new CEO. ServiceNow stock is now down about 5%. Bill McDermott joins "Squawk on the Street" to discuss.
09:34
Wed, Oct 23 20199:59 AM EST