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....
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. This upward trend continued, reaching over $2.89 billion by early 2024. Gassner's wealth is primarily linked to his performance-based stock options, reflecting his strategy of aligning personal success with the company’s performance. Notably, he had vast fluctuations in value in 2021, with his holdings frequently hitting above $400 million. His insider trading actions show confidence in Veeva’s future, as he manages a significant share of his wealth in the company, indicating a deep commitment to its long-term goals. This trajectory showcases his belief in Veeva's potential for consistent growth and value creation.