01—Abstract
Summary
Summary of the 8-K filed July 15, 2024. Cited figures are marked; the original filing is the authoritative source.
Veeva Systems Inc. (VEEV) announced on July 15, 2024 that Brian Van Wagener will become its chief financial officer following an approximately 60-day transition with Tim Cabral, who is currently serving as interim CFO and a member of the Veeva Board of Directors.
Cabral will remain on the board after the transition. According to the filing, Van Wagener has more than five years of tenure at Veeva, where he held multiple executive positions on the leadership team, including vice president of global sales operations and chief of staff to the CEO. His prior experience includes Monitor Deloitte, Frontier Communications, and BetterUp.
CEO Peter Gassner stated that Van Wagener brings broad experience in strategic planning, global operations, and finance, along with in-depth knowledge of Veeva. In the CFO role, Van Wagener will oversee finance, accounting, legal, investor relations, and treasury. The filing contains no financial results or compensation terms for the appointment.
02—Key points
Key Highlights
- Brian Van Wagener will become Veeva's chief financial officer following an approximately 60-day transition period.
- Tim Cabral, currently board member and interim CFO, will step down from the interim role and remain on the Veeva Board of Directors.
- Van Wagener has over five years of internal experience at Veeva, including vice president of global sales operations and chief of staff to the CEO.
- Van Wagener's prior experience includes Monitor Deloitte, Frontier Communications, and BetterUp.
- CEO Peter Gassner cited Van Wagener's strategic planning, global operations, and finance experience and his in-depth knowledge of Veeva.
- As CFO, Van Wagener will be responsible for finance, accounting, legal, investor relations, and treasury.
- The filing does not disclose Van Wagener's compensation arrangements.
03—Questions
Frequently Asked Questions
Who is becoming Veeva's new CFO?
Brian Van Wagener will become Veeva's chief financial officer. He has been at Veeva for more than five years, most recently in executive roles including vice president of global sales operations and chief of staff to the CEO.
What is the status of the current interim CFO?
Tim Cabral, a Veeva board member serving as interim CFO, will transition out of the CFO role after approximately 60 days. He will remain on the Veeva Board of Directors.
What are the new CFO's responsibilities?
Van Wagener will be responsible for finance, accounting, legal, investor relations, and treasury.
What is Van Wagener's background outside Veeva?
The filing lists prior experience at Monitor Deloitte, Frontier Communications, and BetterUp, spanning start-ups and established global companies in the technology, healthcare, and life sciences sectors.
04—Continue