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Form 8-K · Current Report · Filed 2024-04-01

Veeva Systems Announces CFO Departure and New Leadership Appointments

On March 28, 2024, Veeva Systems Inc. announced the departure of Chief Financial Officer Brent Bowman, who will leave the company effective April 1, 2024. Tim Cabral, former CFO from 2010 to 2020, will serve as Interim CFO until a replacement is found. Additionally, Veeva appointed E. Nitsa Zuppas as President and Chief of Staff, and Stacey Epstein as Chief Marketing Officer, both effective April 1, 2024. Alan Mateo, Executive Vice President of Global Sales, will retire and transition to a part-time advisor role on April 30, 2024. Veeva also reiterated its financial guidance for the quarter and fiscal year ending January 31, 2025.

Filer
Veeva Systems Inc. VEEV · NYSE
Filed
Accession
0001213900-24-028720
CIK
0001393052
Signal
High impactHealthcare

Items reported

Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers

CFO Resignation New CFO Appointed President Resignation New President Appointed New COO Appointed
Item 7.01

Regulation FD Disclosure

Regulation FD Disclosure
Item 9.01

Financial Statements and Exhibits

No viable tag

Market reaction

Close before filing

$231.69

Next session

-6.6%

Since filing

-12.0%

Latest close

$203.78

What happened, not what will happen — closing prices around the filing date.

Precedent

Previous filings from VEEV reporting the same item, with the next session's move:

About Veeva Systems Inc.

Veeva Systems Inc. is a cloud-based software solutions provider focusing specifically on the life sciences industry. Its primary function is to develop and deliver specialized software tailored for companies in the pharmaceutical, biotechnology, and medical device sectors. Veeva's product suite includes applications for customer relationship management, content management, collaboration, and data analytics, facilitating enhanced operational efficiency and regulatory compliance. The company’s offerings are designed to optimize the critical aspects of a life sciences company's operations, such as clinical data management, regulatory submissions, and commercial activities. Veeva Systems plays a significant role in the growing digital transformation of the health-related industries, bridging the gap between advanced technological solutions and industry-specific requirements. Founded in 2007 and headquartered in Pleasanton, California, Veeva has established itself as a leader in its niche market, empowering its clients with innovative tools that streamline R&D processes and enhance their go-to-market capabilities.

Exchange NYSE Industry Health Information Services Company website ↗

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