secwatch.observer — SEC 8-K summary
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Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001213900-24-028720
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeva Systems CFO Brent Bowman to depart; guidance reiterated; other leadership changes
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000121390024028720/0001213900-24-028720-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000121390024028720/ea0203047-8k_veeva.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-028720

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