Veeva Systems Inc

A key factor that draws attention to Veeva Systems is its lean executive compensation model. Despite being a leader in the field, Veeva Systems' focus is clearly not on lavish compensation but rather on sustainable growth and strategic enhancements. The fiscal year 2024 data reflects this ethos, where CEO Peter P. Gassner's total compensation was $420,833, with zero bonuses or stock awards incorporated into this figure². This structure underscores a commitment to tying executive rewards with measurable outcomes rather than automatic stock or option grants.


Historical compensation figures further underscore Veeva’s minimalist approach. Notably, in 2021, Thomas D. Schwenger, as President and COO, received a salary that totaled $345,833, without incentive or stock-based extra compensation³. Similar patterns are evidenced by other reports such as the $325,000 salary of Frederic Lequient in 2020, with no bonuses or stock grants⁴. The company's operational strategies focus more on reinvestment into business capacities and less on inflating executive pay, embodying a disciplined approach to financial management.

This prudent strategy contrasts with more traditional compensation schemes in the tech industry, where stock options and substantial bonuses are the norm. Veeva Systems prioritizes strategic growth, as highlighted by recent market actions and their EPS of 4.05 and a P/E ratio of 56.5⁵. Investors are advised to maintain their holdings due to the company's strategic advancements and robust service offerings, as well as its growth potential solidified by the current trading price of $228.81 and a positive change of 1.06% on a recent trading day⁶.

Thus, while some industry counterparts might make headlines with sizable executive packages or volatile approaches, Veeva Systems differentiates itself through a calculated, growth-oriented strategy, reflected in both its compensation policies and its market operations. Retaining Veeva Systems stock seems advisable, given this strategic alignment, and the company’s recent trajectory in strengthening its market position⁷.

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1. "Here's Why you Should Retain Veeva Systems Stock in Your Portfolio Now," Zacks.com, December 17, 2024. [zacks.com](https://www.zacks.com/stock/news/2384415/heres-why-you-should-retain-veeva-systems-stock-in-your-portfolio-now?cid=CS-STOCKNEWSAPI-FT-analyst_blog%7Crank_focused-2384415).
2. United States Securities and Exchange Commission. "Peter P. Gassner 2024 Compensation Report," [sec.gov](https://www.sec.gov/Archives/edgar/data/1393052/000114036124021323/0001140361-24-021323-index.htm).
3. United States Securities and Exchange Commission. "Thomas D. Schwenger 2021 Compensation Report," [sec.gov](https://www.sec.gov/Archives/edgar/data/1393052/000114036123023888/0001140361-23-023888-index.htm).
4. United States Securities and Exchange Commission. "Frederic Lequient 2020 Compensation Report," [sec.gov](https://www.sec.gov/Archives/edgar/data/1393052/000114036122016285/0001140361-22-016285-index.htm).
5. Current Price Snapshot of Veeva Systems Inc., [NYSE Data].
6. Ibid.
7. Ibid.