secwatch.observer — SEC 8-K summary
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Issuer:     VEEVA SYSTEMS INC (VEEV)
CIK:        0001393052
Form:       8-K
Filed at:   2024-06-14T23:59:59+00:00
Accession:  0001393052-24-000031
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 5.03, 5.07, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Veeva director Paul Sekhri fails to get majority vote; conditional resignation submitted
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- Paul Sekhri received 66,050,424 for vs 69,136,450 against; other 9 directors elected.
- Sekhri tendered conditional resignation; Board will decide whether to accept, he continues serving.
- Shareholders approved charter amendment to add officer exculpation (121.3M for, 13.9M against).
- Advisory say-on-pay passed with 123.2M for, 12.0M against.
- KPMG ratified as auditor for FY2025 (146.2M for, 1.4M against).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1393052/000139305224000031/0001393052-24-000031-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1393052/000139305224000031/veev-20240612.htm
  HTML page:      https://secwatch.observer/filing/0001393052-24-000031

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer