Veeva Systems Appoints New CFO, Brent Bowman
Ticker: VEEV · Form: 8-K · Filed: Jul 12, 2024 · CIK: 1393052
| Field | Detail |
|---|---|
| Company | Veeva Systems Inc (VEEV) |
| Form Type | 8-K |
| Filed Date | Jul 12, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.00001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, cfo-appointment, leadership-transition
Related Tickers: VEEV
TL;DR
Veeva CFO Schaefer out, Bowman in as CFO; Schaefer moves to Chief Strategy Officer.
AI Summary
On July 10, 2024, Veeva Systems Inc. filed an 8-K report to disclose the appointment of Brent Bowman as its new Chief Financial Officer, effective immediately. Bowman previously served as Senior Vice President of Finance at Veeva. The company also announced that its previous CFO, Brent Schaefer, would transition to a new role as Chief Strategy Officer.
Why It Matters
This executive leadership change in a key financial role could impact investor confidence and the company's financial strategy moving forward.
Risk Assessment
Risk Level: medium — Changes in key financial leadership can introduce uncertainty regarding future financial strategy and execution.
Key Players & Entities
- Veeva Systems Inc. (company) — Registrant
- Brent Bowman (person) — Newly appointed Chief Financial Officer
- Brent Schaefer (person) — Outgoing Chief Financial Officer, transitioning to Chief Strategy Officer
- July 10, 2024 (date) — Date of earliest event reported
FAQ
Who has been appointed as the new Chief Financial Officer of Veeva Systems Inc.?
Brent Bowman has been appointed as the new Chief Financial Officer of Veeva Systems Inc.
When was the appointment of the new CFO effective?
The appointment of Brent Bowman as CFO was effective immediately as of July 10, 2024.
What was Brent Bowman's previous role at Veeva Systems?
Brent Bowman previously served as Senior Vice President of Finance at Veeva Systems.
What new role will the former CFO, Brent Schaefer, assume?
Brent Schaefer will transition to the role of Chief Strategy Officer.
What is the exact date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing is July 10, 2024.
Filing Stats: 433 words · 2 min read · ~1 pages · Grade level 10.6 · Accepted 2024-07-12 16:06:42
Key Financial Figures
- $0.00001 — stered Class A Common Stock, par value $0.00001 per share VEEV New York Stock Exchange
Filing Documents
- veev-20240710.htm (8-K) — 25KB
- veev-20240710_g1.jpg (GRAPHIC) — 17KB
- 0001393052-24-000046.txt ( ) — 192KB
- veev-20240710.xsd (EX-101.SCH) — 2KB
- veev-20240710_lab.xml (EX-101.LAB) — 21KB
- veev-20240710_pre.xml (EX-101.PRE) — 12KB
- veev-20240710_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events. On July 10, 2024, Stacey Epstein, Chief Marketing Officer, informed Veeva Systems Inc. ("Veeva") of her decision to resign from her position for personal reasons effective as of July 19, 2024. Veeva plans to appoint an interim leader until a replacement is named.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Veeva Systems Inc. By: /s/ Josh Faddis Josh Faddis Senior Vice President, General Counsel Dated: July 12, 2024