Veeva Systems Management

Management criteria checks 3/4

Veeva Systems' CEO is Peter Gassner, appointed in Jan 2007, has a tenure of 17.25 years. total yearly compensation is $420.83K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 7.59% of the company’s shares, worth $2.47B. The average tenure of the management team and the board of directors is 0.1 years and 4.5 years respectively.

Key information

Peter Gassner

Chief executive officer

US$420.8k

Total compensation

CEO salary percentage	100.0%
CEO tenure	17.3yrs
CEO ownership	7.6%
Management average tenure	less than a year
Board average tenure	4.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Peter Gassner's remuneration changed compared to Veeva Systems's earnings?
Date	Total Compensation	Salary	Company Earnings
Jan 31 2024	US$421k	US$421k	US$526m
Oct 31 2023	n/a	n/a	US$567m
Jul 31 2023	n/a	n/a	US$540m
Apr 30 2023	n/a	n/a	US$519m
Jan 31 2023	US$392k	US$392k	US$488m
Oct 31 2022	n/a	n/a	US$396m
Jul 31 2022	n/a	n/a	US$394m
Apr 30 2022	n/a	n/a	US$412m
Jan 31 2022	US$350k	US$350k	US$427m
Oct 31 2021	n/a	n/a	US$433m
Jul 31 2021	n/a	n/a	US$424m
Apr 30 2021	n/a	n/a	US$409m
Jan 31 2021	US$346k	US$346k	US$380m
Oct 31 2020	n/a	n/a	US$343m
Jul 31 2020	n/a	n/a	US$329m
Apr 30 2020	n/a	n/a	US$314m
Jan 31 2020	US$325k	US$325k	US$301m
Oct 31 2019	n/a	n/a	US$306m
Jul 31 2019	n/a	n/a	US$288m
Apr 30 2019	n/a	n/a	US$259m
Jan 31 2019	US$323k	US$323k	US$230m
Oct 31 2018	n/a	n/a	US$199m
Jul 31 2018	n/a	n/a	US$170m
Apr 30 2018	n/a	n/a	US$158m
Jan 31 2018	US$88m	US$300k	US$151m

Compensation vs Market: Peter's total compensation ($USD420.83K) is below average for companies of similar size in the UK market ($USD5.62M).

Compensation vs Earnings: Peter's compensation has been consistent with company performance over the past year.

CEO

Peter Gassner (58 yo)

17.3yrs

Tenure

US$420,833

Compensation

Mr. Peter P. Gassner Co-Founder of Veeva Systems Inc. in 2007 and has been its Chief Executive Officer since January 2007 and also serves as its Director. Mr. Gassner is responsible for the overall directi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Peter Gassner	Founder	17.3yrs	US$420.83k	7.59% $ 2.5b
Eleni Zuppas	President & Chief of Staff	no data	US$3.67m	0.012% $ 4.0m
Thomas Schwenger	President & Chief Customer Officer	no data	US$4.98m	0.016% $ 5.2m
Timothy Cabral	Interim CFO & Director	no data	US$275.18k	0.015% $ 4.9m
Brent Bowman	Executive officer	no data	US$3.02m	0.0055% $ 1.8m
Kristine Diamond	Principal Accounting Officer	less than a year	no data	0.00022% $ 71.4k
Matthew Robinson	Chief Technology Officer	less than a year	no data	no data
Pinal Patel	Chief Information Officer	1.6yrs	no data	no data
Gunnar Hansen	Director of Investor Relations	no data	no data	no data
Jonathan Faddis	Senior VP	11.6yrs	US$5.94m	0.0066% $ 2.1m
Jacques Mourrain	Vice President of Quality	no data	no data	no data
Stacey Epstein	Chief Marketing Officer	no data	no data	no data

0.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 0LO3's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Peter Gassner	Founder	17.3yrs	US$420.83k	7.59% $ 2.5b
Timothy Cabral	Interim CFO & Director	2.3yrs	US$275.18k	0.015% $ 4.9m
Paul Sekhri	Independent Director	9.8yrs	US$285.11k	0.0093% $ 3.0m
Gordon Ritter	Independent Chairman of the Board	15.9yrs	US$335.17k	0.39% $ 127.8m
Marshall Mohr	Independent Director	2.3yrs	US$325.04k	0.0018% $ 591.0k
Mark Carges	Independent Director	7.3yrs	US$305.17k	0.0063% $ 2.0m
Mary Hedley	Independent Director	4.7yrs	US$295.04k	0.0027% $ 889.7k
Matthew Wallach	Independent Director	4.3yrs	US$285.11k	0.22% $ 71.2m
Nimrata Hunt	Independent Director	2.3yrs	US$295.04k	0.0016% $ 506.5k
Priscilla Hung	Independent Director	2.3yrs	US$295.04k	0.0016% $ 529.3k

4.5yrs

Average Tenure

58yo

Average Age

Experienced Board: 0LO3's board of directors are considered experienced (4.5 years average tenure).

Veeva Systems Management

Management criteria checks 3/4

Key information

Recent management updates

Veeva Systems Inc., Annual General Meeting, Jun 12, 2024

Veeva Systems Inc. Appoints Kristine Diamond as Principal Accounting Officer

Chief Accounting Officer recently sold US$63k worth of stock

Veeva Systems Inc., Annual General Meeting, Jun 21, 2023

Veeva Systems Inc. Announces Executive Changes

Chief Accounting Officer recently sold US$1.2m worth of stock

Recent updates

Veeva Systems Inc., Annual General Meeting, Jun 12, 2024

Veeva Systems Inc. Provides Earnings Guidance for the First Quarter Ending April 30, 2024 and Fiscal Year Ending January 31, 2025

Full year 2024 earnings released: EPS: US$3.28 (vs US$3.14 in FY 2023)

Veeva Systems Inc. Provides Revenue Guidance for the First Quarter Ending April 30, 2024 and Fiscal Year Ending January 31, 2025

Veeva Systems Announces Veeva Vault Submissions Publishing Elearning

Veeva Systems Inc. to Report Q4, 2024 Results on Feb 29, 2024

Veeva Systems Announces the Availability of the Full Veeva Compass Suite of Commercial Data Products

Third quarter 2024 earnings released: EPS: US$0.84 (vs US$0.70 in 3Q 2023)

Veeva Systems Inc. to Report Q3, 2024 Results on Dec 06, 2023

Investor sentiment deteriorates as stock falls 16%

Veeva Systems Inc. provides Earnings Guidance for Its Fiscal Fourth Quarter and Fiscal Year Ending January 31, 2024 and for Its Fiscal Year Ending January 31, 2025

Now 21% undervalued after recent price drop

Veeva Systems Inc. Provides Guidance for Its Fiscal Third Quarter Ending October 31, 2023, for Its Fiscal Year Ending January 31, 2024 and for Its Fiscal Year Ending January 31, 2025

Second quarter 2024 earnings released: EPS: US$0.70 (vs US$0.58 in 2Q 2023)

Veeva Systems Inc. Appoints Kristine Diamond as Principal Accounting Officer

Veeva Systems Inc. to Report Q2, 2024 Results on Aug 30, 2023

Veeva Business Consulting Expands with New R&D Services

Chief Accounting Officer recently sold US$63k worth of stock

First quarter 2024 earnings released: EPS: US$0.82 (vs US$0.65 in 1Q 2023)

Veeva Systems Inc. Provides Guidance for the Fiscal Second Quarter Ending July 31, 2023, Updates Guidance for the Fiscal Year Ending January 31, 2024 and Reiterates Guidance for the Fiscal Year Ending January 31, 2025

Veeva Systems Inc., Annual General Meeting, Jun 21, 2023

Veeva Systems Introduces Link Workflow, A No-Code Platform for Building Custom Workflow Applications

Now 21% undervalued

Full year 2023 earnings released: EPS: US$3.14 (vs US$2.79 in FY 2022)

Veeva Systems Inc. to Report Q4, 2023 Results on Mar 01, 2023

Veeva Systems Inc. Announces Executive Changes

Chief Accounting Officer recently sold US$1.2m worth of stock

Now 20% undervalued after recent price drop

Now 23% undervalued after recent price drop

Third quarter 2023 earnings released: EPS: US$0.70 (vs US$0.69 in 3Q 2022)

Veeva Systems Inc. Provides Earnings Guidance for the Fourth Quarter and Full Year of Fiscal Year Ending January 31, 2023

High number of new directors

Investor sentiment improved over the past week

Veeva Systems Inc. to Report Q3, 2023 Results on Dec 01, 2022

Veeva Systems Inc. Provides Revenue Guidance for the Third Quarter of 2023

Veeva Systems Inc. Introduces Veeva Vault CRM for Medtech

Veeva Introduces New ePRO Application for Faster Access to Patient Data

Veeva Systems Inc. Launches New Veeva Link Applications to Give Clinical Teams Real-Time Intelligence to Optimize Site Selection and Trial Design

Second quarter 2023 earnings released: EPS: US$0.58 (vs US$0.71 in 2Q 2022)

Investor sentiment deteriorated over the past week

Now 32% undervalued after recent price drop

Veeva Systems Inc. Provides Earnings Guidance for the Fiscal Third Quarter Ending October 31, 2022 and Fiscal Year Ending January 31, 2023

Veeva Systems Inc. to Report Q2, 2023 Results on Aug 31, 2022

Court Rejects Medidata Lawsuit Against Veeva Systems Inc. for Lack of Evidence, Blocks Medidata's Moves to Limit Competition and Employee Rights

Veeva Systems Inc. Elects Tina Hunt to Serve as Director

Chief Accounting Officer recently sold US$70k worth of stock

Veeva Systems Inc. Announces Clinical Study Training Application

Now 20% undervalued

First quarter 2023 earnings released: EPS: US$0.65 (vs US$0.76 in 1Q 2022)

Veeva Systems Inc. Provides Earnings Guidance for the Second Quarter Ending July 31, 2022 and Full Year Ending January 31, 2023

Veeva Vault CTMS Enabling Proactive Clinical Trial Management for More Than 150 Companies

Veeva Systems Inc. to Report Q1, 2023 Results on Jun 01, 2022

High number of new directors

Veeva Systems Announces Veeva Data Cloud

Now 20% undervalued after recent price drop

Veeva Systems Inc. Appoints Gordon Heneweer as Chief Financial Officer

Full year 2022 earnings released: EPS: US$2.79 (vs US$2.52 in FY 2021)

Independent Director recently sold US$2.4m worth of stock

Now 21% undervalued after recent price drop

Investor sentiment deteriorated over the past week

Full year 2022 earnings: Revenues and EPS in line with analyst expectations

Veeva Systems Inc. Provides Earnings Guidance for the First Quarter Ending April 30, 2022 and Fiscal Year Ending January 31, 2023

Cerba Research Unifies Quality Processes with Veeva Vault Quality Suite

High number of new directors

Veeva Systems Inc. to Report Q4, 2022 Results on Mar 02, 2022

Veeva Systems Inc. (NYSE:VEEV) acquired Veracity Logic, LLC.

Third quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Veeva Systems Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter Ending January 31, 2022, Fiscal Year Ending January 31, 2022 and Fiscal Year Ending January 31, 2023

Veeva Systems Announces New Application to Optimize Quality Control Labs