Veeva Announces Transition of Its President Matt Wallach to transition from President to Board of Directors ­
Veeva Announces Transition of Its President
Matt Wallach to transition from President to Board of Directors

February 26, 2019 04:05 PM Eastern Standard Time
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.

“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.”
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“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

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 under the Investors section and on the SEC’s website at 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.

Media Contact:
Lisa Barbadora
Veeva Systems Inc.

Open Letter to Amazon Chief Executive Jeff Bezos

Open Letter to Amazon Chief Executive Jeff Bezos
Dear Mr. Bezos:New Yorkers do not want to give up on the 25,000 permanent jobs, 11,000 union construction and maintenance jobs, and $28 billion in new tax revenues that Amazon was prepared to bring to our state. A clear majority of New Yorkers support this project and were disappointed by your decision not to proceed. We understand that becoming home to the world’s industry leader in e-commerce, logistics and web services would be a tremendous boost for our state’s technology industry, which is our fastest growing generator of new jobs. As representatives of a wide range of government, business, labor and community interests, we urge you to reconsider, so that we can move forward together. We know the public debate that followed the announcement of the Long Island City project was rough and not very welcoming. Opinions are strong in New York—sometimes strident. We consider it part of the New York charm! But when we commit to a project as important as this, we figure out how to get it done in a way that works for everyone. Governor Cuomo will take personal responsibility for the project’s state approval and Mayor de Blasio will work together with the governor to manage the community development process, including the workforce development and infrastructure investments that are necessary to ensure that the Amazon campus will be a tremendous benefit to residents and small businesses in the surrounding communities. New York attracts the best, most diverse talent from across the globe. We are a dynamic new center of the country’s most inclusive tech economy. We all hope you reconsider and join us in building the exciting future of New York.Sincerely,
Plinio Ayala
President & CEO, Per Scholas, Inc.
Ajay Banga
President & CEO, Mastercard
Rob Basch
President, Hunters Point Parks Conservancy
Eric Benaim
CEO, ModernSpaces
Neil Blumenthal
Co-Founder & Co-CEO, Warby Parker
Seth Bornstein
Executive Director, Queens Economic Development Corporation
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Owner, John Brown Smokehouse
Charles Boyce
President and CEO, Boyce Technologies, Inc.
Mary Cunningham Boyce
Dean of Engineering and Applied Science, Columbia University
Gianna P. Cerbone
Owner & Chef, Manducatis Rustica VIG; President, Queens Council on the Arts and Board Member, LIC YMCA
Kenneth I. Chenault
Chairman & Managing Director, General Catalyst Partners
Mark A. Christie
President, Hunters Point Community Development Corporation
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President, NYS, AFL-CIO
Claudia Coger
Tenant Association President, Astoria Houses
Michael L. Corbat
Chief Executive Officer, Citigroup Inc.
Hon. David Dinkins
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President, Civil Service Employees Association
Donna Drimer
President, Matted LIC
Hazel Dukes
President, NAACP New York State Conference
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President & CEO, Queens Chamber of Commerce
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Mount Neboh Baptist Church & President of MPAC (Mobilizing Pastors & Communities)
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Kristina Johnson
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Michael Mulgrew
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Hon. Catherine Nolan
Assemblywoman, New York State Assembly
Jon Oringer
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Mount Horeb Baptist Church
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President, Cornell University
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Owner, Madera Cuban Grill & Steakhouse and R40 Argentinian Restaurant
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Former Secretary, U.S. Treasury
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Kevin P. Ryan
Chairman & Founder, Zola, Workframe, Nomad Health, MongoDB, Inc.
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President & CEO, Tishman Speyer
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Bishop Mitchell Taylor
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