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Peter P. Gassner is the CEO of Veeva Systems Inc., a prominent technology company focused on cloud-based solutions for the life sciences industry. Since 2007, Peter has led Veeva through significant growth, transforming it into a key player in its...

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Peter P. Gassner

Founder and CEO of Veeva Systems

Field of Expertise

Technology & Engineering - Technology

Sector of Economy

Healthcare

CEO of Veeva Systems for

15 years 0 months (Apr 2010 - Present)

Previous Experience

Founder and CEO of Veeva Systems Inc.

Holdings

See how much did Peter P. Gassner make over time.

Peter P. Gassner’s holdings in Veeva Systems Inc. have seen dramatic fluctuations over the years. Starting as a significant but modest figure, his holdings skyrocketed in early 2020, peaking around $281.69 million in June 2020 during a booming stock period....

Mar 17, 2025

Total Stock Sold

$619.50M

VEEV

$619.50M

5,333,333 VEEV shares

What if they kept their stock?

If Peter P. Gassner didn't sell their stock, today they would have:
Extra VEEV5,333,333 shares worth $836.32M.
This is 35% and $216.82M more than what they got when they sold the stock.

Charitable Transactions

VEEV

1,021,000 shares

VEEV

Recent Charitable Transactions

VEEV

800,000 shares

VEEV

Dec 12, 2023

Charity

VEEV

139,000 shares

VEEV

Dec 21, 2022

Charity

VEEV

82,000 shares

VEEV

Dec 17, 2020

Charity

Insider Trading

See recent insider trades of Peter P. Gassner.

VEEV

800,000 shares

VEEV

Dec 12, 2023

Charity

VEEV

$238.76M

VEEV at $170.00/share

Feb 7, 2023

Sale

VEEV

$215.79M

VEEV at $160.10/share

Jan 9, 2023

Sale

VEEV

$14.45M

VEEV at $161.92/share

Jan 4, 2023

Sale

VEEV

$4.59M

VEEV at $160.99/share

Jan 3, 2023

Sale

VEEV

139,000 shares

VEEV

Dec 21, 2022

Charity

VEEV

$19.65M

VEEV at $172.91/share

Dec 14, 2022

Sale

VEEV

$15.70M

VEEV at $176.05/share

Dec 12, 2022

Sale

VEEV

$22.39M

VEEV at $169.47/share

Dec 7, 2022

Sale

VEEV

$21.50M

VEEV at $167.52/share

Dec 5, 2022

Sale

Compensation History

See how much did Peter P. Gassner make over time.

Peter P. Gassner's total compensation reveals a unique approach to leadership at Veeva Systems. His pay is primarily made up of a base salary, which was $420,833 in 2023, and for several years, he has not received bonuses or stock grants. Instead, he has focused on long-term equity compensation, with no short-term cash bonuses influencing his income. This strategy signifies his belief in Veeva's long-term potential. In 2024, he was granted a substantial performance-based stock option, aligning his interests with the company's performance. His compensation philosophy highlights a commitment to his role by favoring stock options that link his success directly with shareholders' returns, promoting retention and performance over immediate gains. This approach also emphasizes his intention to drive the company toward lasting success rather than short-term profits.

Year

2023

Total Compensation

$420.83K

Salary

$420.83K

Board Justification

The compensation philosophy emphasizes long-term equity incentives and aligns with shareholder interests, focusing on retention and performance.

Bonus

$0.00

Board Justification

No short-term cash incentive bonus program offered to the CEO for fiscal 2024.

Other

$0.00

Board Justification

No additional compensation provided to the CEO outside of salary.

Restricted Stock

$0.00(0 N/A)

Board Justification

No RSUs vested for the CEO in fiscal 2024 as he did not receive any RSU grants.

Performance Metrics

The CEO's compensation is not tied to specific performance metrics, as there is no cash bonus or stock bonus program for the CEO.

Other Veeva Systems CEOs

Here are other CEOs of Veeva Systems