01—Abstract
Summary
Summary of the 8-K filed June 23, 2025. Cited figures are marked; the original filing is the authoritative source.
Veeva Systems Inc. filed this Current Report on Form 8-K to report the results of its Annual Meeting of shareholders held on June 18, 2025.
As of the April 21, 2025 record date, 162,954,468 shares of Class A common stock were outstanding and entitled to vote, with each share carrying one vote. Shareholders elected all nine director nominees to serve until the 2026 annual meeting. Each nominee received more "for" votes than "against" votes, though the margins varied considerably.
Gordon Ritter (85,524,236 for vs. 51,334,602 against) and Matthew J. Wallach (82,017,483 for vs. 54,791,620 against) received notably higher opposition than other nominees, and Mark Carges (110,197,208 for vs. 26,613,984 against) also drew substantial opposition. Each nominee also had 11,827,759 broker non-votes.
Shareholders also ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026, with 146,381,498 votes for, 2,306,137 against, and 92,380 abstentions. The filing's only listed exhibit is the Cover Page Interactive Data File (Exhibit 104).
02—Key points
Key Highlights
- Annual Meeting held June 18, 2025; record date April 21, 2025 with 162,954,468 Class A common shares outstanding and entitled to vote.
- All nine director nominees were elected to serve until the 2026 annual meeting, with Tim Cabral, Peter P. Gassner, Priscilla Hung, Marshall Mohr, and Paul Sekhri receiving strong majority support.
- Gordon Ritter received 85,524,236 for votes versus 51,334,602 against, and Matthew J. Wallach received 82,017,483 for versus 54,791,620 against, the highest opposition levels among nominees.
- Mark Carges received 110,197,208 for votes versus 26,613,984 against, indicating meaningful shareholder dissent.
- KPMG LLP was ratified as independent registered public accounting firm for the fiscal year ending January 31, 2026, with 146,381,498 votes for and 2,306,137 against.
- Each director nominee recorded 11,827,759 broker non-votes.
03—Questions
Frequently Asked Questions
When and where was the Veeva annual shareholder meeting held?
The Annual Meeting took place on June 18, 2025. The filing does not state a location, and it reports that the matters voted on are described in more detail in the 2025 Proxy Statement.
Who was eligible to vote at the Annual Meeting?
Only shareholders of record as of the close of business on April 21, 2025 were entitled to vote. As of that date, 162,954,468 shares of Class A common stock were outstanding, and each holder had one vote per share.
Which directors were elected, and for how long?
Nine director nominees were elected: Tim Cabral, Mark Carges, Peter P. Gassner, Mary Lynne Hedley, Priscilla Hung, Marshall Mohr, Gordon Ritter, Paul Sekhri, and Matthew J. Wallach. Each will serve until the 2026 annual meeting of shareholders or until a successor is duly elected and qualified.
Did shareholders approve the auditor?
Yes. Shareholders ratified KPMG LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2026, with 146,381,498 votes for, 2,306,137 against, and 92,380 abstentions.
Which director nominees faced the most shareholder opposition?
Matthew J. Wallach (54,791,620 against) and Gordon Ritter (51,334,602 against) received the highest numbers of against votes, followed by Mark Carges (26,613,984 against). Mary Lynne Hedley received 10,724,392 against votes.
04—Continue