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    Peter P. Gassner

    CEO and Director at Veeva Systems Inc
    Board
    Since 2007
    Age
    59 years
    Education
    Earned a Bachelor of Science degree in Computer Science from Oregon State University.
    Tenure
    Joined Veeva Systems Inc. in 2007 as a co-founder and has served as its CEO and Director since then.

    Also at Veeva Systems Inc

    BVW
    Brian Van Wagener
    Chief Financial Officer (CFO)
    ENZ
    E. Nitsa Zuppas
    President and Chief of Staff
    J(F
    Jonathan (Josh) Faddis
    SVP, General Counsel, and Corporate Secretary

    About

    Peter P. Gassner is the Chief Executive Officer and Director at Veeva Systems Inc., having played a pivotal role in founding the company in 2007. His leadership has been instrumental in shaping the organization’s strategic direction and technological innovation, establishing it as a key player in the cloud-based solutions space.

    Before his tenure at Veeva, he built a robust career in the technology sector, starting as a Staff Developer at IBM, advancing to Chief Architect and General Manager at PeopleSoft, and then taking on the role of Senior Vice President of Technology at Salesforce.com, Inc. These positions allowed him to gain extensive experience in enterprise software and cloud computing solutions, laying a strong foundation for his subsequent achievements.

    Beyond his executive role at Veeva, his career is marked by his contributions as a board member at several respected organizations, such as Zoom Video Communications, Inc. and Guidewire Software, Inc. This blend of operational and oversight roles underscores a dynamic professional journey dedicated to technological innovation and corporate leadership, reflecting both a deep industry expertise and a commitment to shaping the future of enterprise software.

    $VEEV Performance Under Peter P. Gassner

    Past Roles

    OrganizationRoleDate RangeDetails
    salesforce.com, inc. Senior Vice President of Technology 2003–2005 Enterprise cloud computing solutions provider
    PeopleSoft, Inc. Chief Architect and General Manager 1995–2003 Enterprise application software provider
    International Business Machines Corporation (IBM) Staff Developer 1989–1994 Multinational technology and computer manufacturing company

    External Roles

    OrganizationRoleDate Range
    Zoom Video Communications, Inc. Board Member 2015–present

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary $420,833 Annual, 2024 Fixed compensation; no additional fixed awards reported

    Performance Compensation

    Data from  FY 2024

    Performance Option Grant (2024)

    Metric (Unit)Value/DetailCitation
    Grant Date (Date)June 19, 2024
    Grant Date Fair Value (USD Mil.)$172 million (approx.)
    Grant Date Stock Price (USD/Share)$236.90
    Vesting Schedule (Dates)5 annual increments on Feb 1, 2025, Feb 1, 2026, Feb 1, 2027, Feb 1, 2028, Feb 1, 2029
    Service ConditionContinuous service as CEO required through each vesting date
    Stock Price ConditionStock price must be ≥ $236.90 for 60 consecutive trading days
    Post-Exercise Holding2-year holding period or until Feb 1, 2032 (whichever is earlier)
    Expiration DateJune 18, 2034
    Total Shares Granted530,000 shares with equal annual vesting of 20% each

    This performance compensation is designed to align Mr. Gassner's incentives with long-term shareholder value creation and the company's public benefit purpose.