8-K
filed April 1, 2024, 7:59 PM ET
ticker VEEV
CIK 0001393052
leadership
confidence high
sentiment neutral
materiality 0.70
Veeva Systems CFO Brent Bowman to depart; guidance reiterated; other leadership changes
VEEVA SYSTEMS INC
- CFO Brent Bowman departs April 1, 2024; Tim Cabral (former CFO, board member) named interim CFO.
- Nitsa Zuppas named President and Chief of Staff; Stacey Epstein succeeds as CMO, effective April 1, 2024.
- Alan Mateo retiring as EVP Global Sales; Tom Schwenger becomes President and Chief Customer Officer.
- Reiterates Q1 FY2025 guidance: rev $640-643M, non-GAAP op income $245-247M; FY2025 rev $2,725-2,740M, non-GAAP op income ~$1,070M.
- Bowman's equity award: 9/16th of 10,000 RSUs and 20,000 options vest on July 1, 2024.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Stacey Epstein was appointed as Chief Marketing Officer at VEEVA SYSTEMS INC.
- Action
- appointed
- Role
- Chief Marketing Officer
Exact text from the filing
Stacey Epstein assumes the role of Chief Marketing Officer formerly held by Ms. Zuppas, effective April 1, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tom Schwenger was named as President and Chief Customer Officer at VEEVA SYSTEMS INC.
- Action
- named
- Role
- President and Chief Customer Officer
Exact text from the filing
As of April 1, 2024, Tom Schwenger, formerly President and Chief Operating Officer, will now serve as President and Chief Customer Officer
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Brent Bowman departed as Chief Financial Officer at VEEVA SYSTEMS INC.
- Action
- departed
- Role
- Chief Financial Officer
Exact text from the filing
On March 28, 2024, Veeva Systems Inc. (“Veeva” or the “Company”) and Brent Bowman established, via mutual agreement, that Mr. Bowman’s tenure as Chief Financial Officer (“CFO”) and Principal Financial Officer (“PFO”) will end as of the close of business on April 1, 2024
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
E. Nitsa Zuppas was appointed as President and Chief of Staff at VEEVA SYSTEMS INC.
- Action
- appointed
- Role
- President and Chief of Staff
Exact text from the filing
On March 27, 2024, Veeva appointed E. Nitsa Zuppas as President and Chief of Staff, effective April 1, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Alan Mateo retired as Executive Vice President, Global Sales at VEEVA SYSTEMS INC.
- Action
- retired
- Role
- Executive Vice President, Global Sales
Exact text from the filing
Alan Mateo will retire from his position as Executive Vice President, Global Sales and transition to a part-time advisor role, effective April 30, 2024.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Tim Cabral was appointed as Interim Chief Financial Officer at VEEVA SYSTEMS INC.
- Action
- appointed
- Role
- Interim Chief Financial Officer
Exact text from the filing
Tim Cabral, the Company’s CFO from 2010 to 2020 and a current member of Veeva’s board of directors, will serve as Interim CFO and PFO until a replacement is named.
View on SEC.gov
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