Matt Wallach to transition from President to Board of Directors
PLEASANTON, Calif.--(BUSINESS WIRE)--
Veeva
Systems (NYSE:VEEV) today announced that Matt Wallach will retire
from his role as president as of June 2019 and join the company’s board
of directors effective January 2020.
“The opportunity to work with the incredible Veeva team and our
customers has been the highlight of my career. Together, we're building
the industry cloud for life sciences,” said Matt Wallach, Veeva
president. “I’m honored to join the Veeva board which will allow me to
further contribute to Veeva and the industry while spending additional
time with my family."
“I am grateful for Matt’s leadership over the past 12 years. He has been
a great partner to the life sciences industry and to me personally,”
said Veeva CEO, Peter Gassner. “I look forward to his continued
leadership as a member of the Veeva board.”
As a Veeva board member, Wallach will advise on corporate strategy and
remain active in the life sciences industry. Wallach’s operational
responsibilities will be assumed by his senior leadership team.
About Veeva Systems
Veeva Systems Inc. is a leader in cloud-based software for the global
life sciences industry. Committed to innovation, product excellence, and
customer success, Veeva has more than 700 customers, ranging from the
world's largest pharmaceutical companies to emerging biotechs. Veeva is
headquartered in the San Francisco Bay Area, with offices throughout
North America, Europe, Asia, and Latin America. For more information,
visit veeva.com.
Forward-looking Statements
This release contains forward-looking statements, including the
quotations from management and other statements regarding Mr. Wallach’s
transition from President to a member of Veeva’s Board of Directors. Any
forward-looking statements contained in this press release are based
upon Veeva’s current plans, estimates and expectations and are not a
representation that such plans, estimates, or expectations will be
achieved. These forward-looking statements represent Veeva’s
expectations as of the date of this press announcement. Subsequent
events may cause these expectations to change, and Veeva disclaims any
obligation to update the forward-looking statements in the future. These
forward-looking statements are subject to known and unknown risks and
uncertainties that may cause actual results to differ materially,
including unexpected events related to Mr. Wallach’s transition from
President to a member of Veeva’s Board of Directors, including the
timing of such transition.
Additional risks and uncertainties that could affect Veeva’s
forward-looking statements are included under the captions, “Risk
Factors” and “Management’s Discussion and Analysis of Financial
Condition and Results of Operations” in the company’s filing on Form
10-Q for the period ended October 31, 2018. This is available on the
company’s website at veeva.com
under the Investors section and on the SEC’s website at sec.gov.
Further information on potential risks that could affect actual results
will be included in other filings Veeva makes with the SEC from time to
time.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190226006129/en/
Media Contact:
Lisa Barbadora
Veeva Systems Inc.
610-420-3413
pr@veeva.com
Investor Relations Contact:
Rick Lund
Veeva Systems Inc.
925-271-9816
ir@veeva.com
Source: Veeva Systems Inc.