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 $391.67K, comprised of 100% salary and 0% bonuses, including company stock and options. directly owns 7.6% of the company’s shares, worth $2.44B. 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$391.7k
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
Veeva Systems: Strong Reasons To Buy And Hold The Shares
Apr 18Earnings Tell The Story For Veeva Systems Inc. (NYSE:VEEV)
Apr 15
Veeva Systems: A Jewel In Transition
Mar 28Veeva Systems: Still Attractively Priced Given Growth Expectations
Mar 13Veeva: Growth Prospects Have Improved, But Stock Price May Be Capped
Mar 05Do Veeva Systems' (NYSE:VEEV) Earnings Warrant Your Attention?
Feb 15Veeva Systems (NYSE:VEEV) May Have Issues Allocating Its Capital
Jan 28Veeva Systems: Well Positioned To Consolidate Share In The Industry
Jan 24Veeva: Downside Risks Driven By Slowing Revenue, Uncertain Product Adoption And Increasing Competition
Jan 08Veeva Systems: A Recovery Might Be Sooner Than Later
Dec 22Veeva Systems Q3 Preview: Navigating Challenges And Opportunities For F2025
Nov 29Is There Now An Opportunity In Veeva Systems Inc. (NYSE:VEEV)?
Nov 29Veeva: Some Underappreciated Growth Opportunities
Oct 20Veeva Systems' (NYSE:VEEV) Returns On Capital Not Reflecting Well On The Business
Oct 16Veeva Systems: A Lot Of Growth Opportunities Remain
Oct 03Estimating The Intrinsic Value Of Veeva Systems Inc. (NYSE:VEEV)
Oct 02Veeva Systems: Its Strong Moat Might Extend To The SMB Sector
Sep 21Veeva Systems: A Close Look At Its Evolving Valuation
Sep 01Do Veeva Systems' (NYSE:VEEV) Earnings Warrant Your Attention?
Sep 01Should You Investigate Veeva Systems Inc. (NYSE:VEEV) At US$201?
Jul 31Veeva Systems: Cloud Dominance Counters Competition
Jul 26Capital Allocation Trends At Veeva Systems (NYSE:VEEV) Aren't Ideal
Jul 13Veeva Systems: Richly Priced For What It Offers
Jul 05Are Veeva Systems Inc. (NYSE:VEEV) Investors Paying Above The Intrinsic Value?
Jun 13Veeva Systems: AI Potential For Life Sciences Underappreciated
Jun 12Veeva Systems: Strengths Shine Through With Q1 Results
Jun 02Veeva Systems: Keep An Eye On The Following Things
May 23What Does Veeva Systems Inc.'s (NYSE:VEEV) Share Price Indicate?
May 02Veeva Systems (NYSE:VEEV) May Have Issues Allocating Its Capital
Apr 14Should You Be Adding Veeva Systems (NYSE:VEEV) To Your Watchlist Today?
Mar 17Veeva Systems Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 04Veeva Systems downgraded by Guggenheim on worries estimates are too high
Feb 23Veeva Systems: A Leading Provider Of Cloud-Based Solutions For The Pharmaceutical Industry
Jan 30Estimating The Intrinsic Value Of Veeva Systems Inc. (NYSE:VEEV)
Jan 24What Does Veeva Systems Inc.'s (NYSE:VEEV) Share Price Indicate?
Jan 09Veeva Systems: The Stock Is Not Expensive
Dec 30The Returns On Capital At Veeva Systems (NYSE:VEEV) Don't Inspire Confidence
Nov 26Veeva Systems: An Ambitious Goal Within Reach
Nov 09Veeva: Niche SaaS Doesn't Hit The Mark For Me
Oct 25What Is Veeva Systems Inc.'s (NYSE:VEEV) Share Price Doing?
Oct 08Veeva: A Dip Not Worth Buying
Oct 06Are Investors Undervaluing Veeva Systems Inc. (NYSE:VEEV) By 33%?
Sep 23CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 31 2024 | n/a | n/a | 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$151m |
Compensation vs Market: Peter's total compensation ($USD391.67K) is below average for companies of similar size in the US market ($USD13.51M).
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$391,667
Compensation
Mr. Peter P. Gassner Co-founded 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 direction...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | US$391.67k | 7.6% $ 2.4b | |
| President & Chief of Staff | no data | US$6.27m | 0.012% $ 4.0m | |
| President & Chief Customer Officer | no data | US$10.80m | 0.016% $ 5.2m | |
| Interim CFO & Director | no data | US$279.26k | 0.015% $ 4.8m | |
| Senior VP | 11.6yrs | US$5.94m | 0.0066% $ 2.1m | |
| Executive officer | no data | US$6.92m | 0.0055% $ 1.8m | |
| Principal Accounting Officer | less than a year | no data | 0.00022% $ 70.7k | |
| Chief Technology Officer | less than a year | no data | no data | |
| Chief Information Officer | 1.6yrs | no data | no data | |
| Director of Investor Relations | no data | no data | no data | |
| Vice President of Quality | no data | no data | no data | |
| Chief Marketing Officer | no data | no data | no data |
0.1yrs
Average Tenure
55yo
Average Age
Experienced Management: VEEV's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 17.3yrs | US$391.67k | 7.6% $ 2.4b | |
| Interim CFO & Director | 2.3yrs | US$279.26k | 0.015% $ 4.8m | |
| Independent Director | 9.8yrs | US$285.04k | 0.0093% $ 3.0m | |
| Independent Chairman of the Board | 15.9yrs | US$335.16k | 0.39% $ 126.6m | |
| Independent Director | 2.3yrs | US$329.19k | 0.0018% $ 584.7k | |
| Independent Director | 7.3yrs | US$305.13k | 0.0063% $ 2.0m | |
| Independent Director | 4.7yrs | US$295.18k | 0.0027% $ 883.4k | |
| Independent Director | 4.3yrs | US$275.09k | 0.22% $ 70.5m | |
| Independent Director | 2.3yrs | US$279.26k | 0.0016% $ 504.4k | |
| Independent Director | 2.3yrs | US$299.34k | 0.0016% $ 523.6k |
4.5yrs
Average Tenure
58yo
Average Age
Experienced Board: VEEV's board of directors are considered experienced (4.5 years average tenure).