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Veeva Systems logoVeeva Systems VEEV

Veeva said its Board appointed Brian Van Wagener as Chief Financial Officer on September 11, 2024, effective September 16, 2024. He was previously Executive Vice President, Finance, and will serve as principal financial officer.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Veeva said its Board appointed Brian Van Wagener as Chief Financial Officer on September 11, 2024, effective September 16, 2024. He was previously Executive Vice President, Finance, and will serve as principal financial officer.

  2. The company said Van Wagener is 42 years old and brings 20 years of corporate and consulting experience across the technology, healthcare and life sciences sectors. He joined BetterUp as SVP, GTM Strategy and Operations in February 2023, and held multiple roles at Veeva from 2017 to 2023.

  3. Veeva said Van Wagener's annual base salary is $450,000 and that it granted him RSUs of 2,193 and 5,848 shares, and stock options of 6,579 and 17,544 shares, with a vesting start date of August 1, 2024. The strike price of the two stock options is $185.74.

  4. Veeva said Tim Cabral resigned as Interim Chief Financial Officer effective as of the appointment date. The company said Cabral will remain on the Veeva Board of Directors.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Brian Van Wagener Appointed Chief Financial Officer

Veeva said its Board appointed Brian Van Wagener as Chief Financial Officer on September 11, 2024, effective September 16, 2024. He was previously Executive Vice President, Finance, and will serve as principal financial officer.

Source · Based on the filing body and exhibits

Van Wagener's Background

The company said Van Wagener is 42 years old and brings 20 years of corporate and consulting experience across the technology, healthcare and life sciences sectors. He joined BetterUp as SVP, GTM Strategy and Operations in February 2023, and held multiple roles at Veeva from 2017 to 2023.

Source · Based on the filing body and exhibits

Van Wagener's Salary and Equity Compensation

Veeva said Van Wagener's annual base salary is $450,000 and that it granted him RSUs of 2,193 and 5,848 shares, and stock options of 6,579 and 17,544 shares, with a vesting start date of August 1, 2024. The strike price of the two stock options is $185.74.

Source · Based on the filing body and exhibits

Tim Cabral's Resignation as Interim CFO and Board Service

Veeva said Tim Cabral resigned as Interim Chief Financial Officer effective as of the appointment date. The company said Cabral will remain on the Veeva Board of Directors.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.