Peter Gassner - Veeva Systems CEO, Founder, Director

VEE Stock  EUR 207.90  4.60  2.16%   

CEO

Mr. Peter P. Gassner is Chief Executive Officer, Director of Veeva Systems Inc. Mr. Gassner is one of our founders and has served as our Chief Executive Officer and one of our directors since January 2007. Prior to joining Veeva, Mr. Gassner was Senior Vice President of Technology at salesforce.com, inc., a provider of enterprise cloud computing solutions, from July 2003 to June 2005, where he led the development effort to extend the Salesforce Platform to the enterprise. Prior to his time with salesforce.com, Mr. Gassner was with PeopleSoft from January 1995 to June 2003. At PeopleSoft, he served as Chief Architect and General Manager responsible for development, strategy, marketing and deployment of PeopleTools, the architecture underlying PeopleSofts application suite. Mr. Gassner began his career with International Business Machines Corporation . At IBM, Mr. Gassner conducted research and development on relational database technology, including the DB2 database. Mr. Gassner has served on the board of directors of Guidewire Software, Inc. since June 2015 and Zoom Video Communications, Inc. since November 2015 since 2007.
Age 58
Tenure 17 years
Phone925 452 6500
Webhttps://www.veeva.com
Gassner earned a BS degree in Computer Science from Oregon State University.

Veeva Systems Management Efficiency

The company has return on total asset (ROA) of 0.0778 % which means that it generated a profit of $0.0778 on every $100 spent on assets. This is way below average. Similarly, it shows a return on equity (ROE) of 0.1281 %, meaning that it generated $0.1281 on every $100 dollars invested by stockholders. Veeva Systems' management efficiency ratios could be used to measure how well Veeva Systems manages its routine affairs as well as how well it operates its assets and liabilities.
Veeva Systems has accumulated 19.27 M in total debt with debt to equity ratio (D/E) of 1.4, which is about average as compared to similar companies. Veeva Systems has a current ratio of 3.66, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Debt can assist Veeva Systems until it has trouble settling it off, either with new capital or with free cash flow. So, Veeva Systems' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Veeva Systems sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Veeva to invest in growth at high rates of return. When we think about Veeva Systems' use of debt, we should always consider it together with cash and equity.

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Veeva Systems Inc. provides cloud-based software for the life sciences industry in North America, Europe, the Asia Pacific, and internationally. Veeva Systems Inc. was founded in 2007 and is headquartered in Pleasanton, California. VEEVA SYSTEMS operates under Health Information Services classification in Germany and is traded on Frankfurt Stock Exchange. It employs 2553 people. Veeva Systems (VEE) is traded on Frankfurt Exchange in Germany and employs 5,482 people.

Management Performance

Veeva Systems Leadership Team

Elected by the shareholders, the Veeva Systems' board of directors comprises two types of representatives: Veeva Systems inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Veeva. The board's role is to monitor Veeva Systems' management team and ensure that shareholders' interests are well served. Veeva Systems' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Veeva Systems' outside directors are responsible for providing unbiased perspectives on the board's policies.
Peter Gassner, CEO, Founder, Director
Ato Garrett, Director Relations
Michele OConnor, Principal Accounting Officer
Jonathan Faddis, Senior Vice President General Counsel, Corporate Secretary
Alan Mateo, Executive Vice President of Sales
Pinal Patel, Chief Officer
Jacques Mourrain, VP Compliance
Brent Bowman, Chief Officer
Eleni Zuppas, Chief Officer
Thomas Schwenger, Pres COO

Veeva Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Veeva Systems a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Other Information on Investing in Veeva Stock

Veeva Systems financial ratios help investors to determine whether Veeva Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Veeva with respect to the benefits of owning Veeva Systems security.