Sundar PichaiSundar Pichai earned $164M in 2023

Matthew J. Wallach is a key figure at Veeva Systems, where he served as President until June 2019. Before leading Veeva, he took on various senior roles, including Chief Marketing Officer at Health Market Science and general management at Siebel...

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Matthew J. Wallach

Ex-CEO of Veeva Systems

Field of Expertise

Business & Management

Sector of Economy

Healthcare

CEO of Veeva Systems for

0 years 5 months (Jan 2019 - Jun 2019)

Previous Experience

President of Veeva Systems Inc.

Holdings

See how much did Matthew J. Wallach make over time.

Matthew J. Wallach has seen a significant fluctuation in his insider holdings during his time with Veeva Systems. In April 2020, his trades were valued around $116.85K, steadily increasing over the months, topping at $3.53 million in September 2023. His...

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Total Stock Sold

$182.24M

VEEV

$182.24M

4,339,044 VEEV shares

What if they kept their stock?

If Matthew J. Wallach didn't sell their stock, today they would have:
Extra VEEV4,339,044 shares worth $669.34M.
This is 267.29% and $487.10M more than what they got when they sold the stock.

Charitable Transactions

VEEV

93,954 shares

VEEV

Recent Charitable Transactions

VEEV

15,021 shares

VEEV

Jun 27, 2018

Charity

VEEV

4,350 shares

VEEV

Aug 25, 2017

Charity

VEEV

4,750 shares

VEEV

May 22, 2017

Charity

VEEV

2,000 shares

VEEV

Apr 11, 2017

Charity

VEEV

50,000 shares

VEEV

Dec 27, 2016

Charity

VEEV

6,000 shares

VEEV

Dec 22, 2016

Charity

Insider Trading

See recent insider trades of Matthew J. Wallach.

VEEV

$1.02M

VEEV at $203.47/share

Feb 5, 2024

Sale

VEEV

$930.80K

VEEV at $186.16/share

Jan 5, 2024

Sale

VEEV

$895.88K

VEEV at $179.18/share

Dec 4, 2023

Sale

VEEV

$977.86K

VEEV at $195.57/share

Nov 6, 2023

Sale

VEEV

$996.63K

VEEV at $199.33/share

Oct 5, 2023

Sale

VEEV

$1.05M

VEEV at $209.84/share

Sep 18, 2023

Sale

VEEV

$1.79M

VEEV at $178.76/share

Mar 6, 2023

Sale

VEEV

$1.75M

VEEV at $175.14/share

Feb 6, 2023

Sale

VEEV

$1.61M

VEEV at $161.35/share

Jan 3, 2023

Sale

VEEV

$1.70M

VEEV at $169.73/share

Dec 5, 2022

Sale

Compensation History

See how much did Matthew J. Wallach make over time.

In 2019, Matthew J. Wallach's total compensation at Veeva Systems amounted to $322,917, which consisted entirely of his base salary. There were no bonuses or stock options awarded that year, indicating a compensation strategy focused on aligning executive remuneration with company performance over the long term. This structure highlights Veeva's philosophy to tie pay to the health of the company rather than immediate financial results. As the stakes are high, Wallach's compensation reflects a commitment to fostering a sustainable business model aligned with shareholder interests, rather than short-sighted gains. His approach underscores the belief that true value comes from enduring growth and strategic initiatives.

Year

2019

Total Compensation

$322.92K

Salary

$322.92K

Board Justification

The compensation philosophy focuses on aligning executive compensation with company performance and market benchmarks, emphasizing long-term incentives through stock options.

Bonus

$0.00

Board Justification

No cash bonus was awarded for fiscal 2019.

Other

$0.00

Board Justification

No other compensation was reported for fiscal 2019.

Restricted Stock

$0.00(0 RSU)

Board Justification

No RSUs vested in 2019 as the compensation structure primarily focused on stock options and other forms of compensation.

Performance Metrics

The performance metrics for determining compensation were not explicitly detailed for fiscal 2019.

Other Veeva Systems CEOs

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