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Veeva Systems (VEEV) president to exit for partner CEO role

(Moderate)
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Veeva Systems Inc. (VEEV) reported executive leadership changes. Effective October 2, 2026, Veeva appointed Dan Rizzo as EVP, Sales, Consulting, and Services. He will succeed Thomas D. Schwenger, who informed Veeva of his decision to resign on August 18, 2026, with his resignation effective October 2, 2026.

Mr. Schwenger has been with Veeva since September 2019 and most recently served as President and Chief Customer Officer. He is leaving to assume a CEO role at a long-standing Veeva partner.

Positive

  • None.

Negative

  • President/Chief Customer Officer resigning effective October 2, 2026, representing the loss of a long-tenured senior leader who has been with the company since September 2019.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Effective date of new EVP role October 2, 2026 Date on which Dan Rizzo becomes EVP, Sales, Consulting, and Services
Resignation notice date August 18, 2026 Date on which Thomas D. Schwenger informed Veeva of his decision to resign
Tenure start of Thomas D. Schwenger September 2019 Month and year Schwenger joined Veeva before resigning effective October 2, 2026
Emerging growth company regulatory
"Emerging growth company | | | |"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
pre-commencement communications regulatory
"Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act"
Inline XBRL technical
"Cover Page Interactive Data File (embedded within the Inline XBRL document)"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

What executive leadership change did Veeva Systems Inc. (VEEV) announce?

Veeva announced that Dan Rizzo will become EVP, Sales, Consulting, and Services effective October 2, 2026, succeeding Thomas D. Schwenger, who is resigning on that date to become CEO of a long-standing Veeva partner.

When is Thomas D. Schwenger leaving Veeva Systems Inc. (VEEV)?

Thomas D. Schwenger informed Veeva of his decision to resign on August 18, 2026. His resignation is effective October 2, 2026, when he will leave his role as President and Chief Customer Officer.

What role will Dan Rizzo hold at Veeva Systems Inc. (VEEV)?

Effective October 2, 2026, Dan Rizzo will serve as EVP, Sales, Consulting, and Services at Veeva, succeeding Thomas D. Schwenger in this senior leadership capacity.

Why is Thomas D. Schwenger resigning from Veeva Systems Inc. (VEEV)?

Thomas D. Schwenger is resigning from Veeva effective October 2, 2026 to assume a CEO role at a long-standing Veeva partner, according to the company’s disclosure.

How long has Thomas D. Schwenger been with Veeva Systems Inc. (VEEV)?

Veeva stated that Thomas D. Schwenger has been with the company since September 2019, most recently serving as President and Chief Customer Officer, and is resigning effective October 2, 2026.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001393052 0001393052 2026-08-18 2026-08-18 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): August 18, 2026

 

 

 

Veeva Systems Inc.

(Exact name of registrant as specified in its charter)

 

Delaware   001-36121   20-8235463

(State or other jurisdiction

of incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

4280 Hacienda Drive

Pleasanton, California 94588

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (925) 452-6500

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol   Name of each exchange on which registered

Class A Common Stock, par value $0.00001 per share

  VEEV   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  
     
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  

 

 

 

 

 

 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On August 20, 2026, Veeva Systems Inc. (“Veeva”) announced the appointment of Dan Rizzo to serve as EVP, Sales, Consulting, and Services, effective October 2, 2026. Mr. Rizzo succeeds Thomas D. Schwenger, who has been with Veeva since September 2019, most recently serving as President and Chief Customer Officer. Mr. Schwenger informed Veeva of his decision to resign on August 18, 2026 and his resignation is effective October 2, 2026. Mr. Schwenger is departing to assume a CEO role at a long-standing Veeva partner. Veeva thanks Mr. Schwenger for his outstanding service to Veeva and its customers for the past seven years. 

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits.

 

Exhibit No.   Description
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Veeva Systems Inc.
     
Dated: August 20, 2026 By:  /s/ JOSH FADDIS
      Josh Faddis
      Senior Vice President, General Counsel

 

2

 

Filing Exhibits & Attachments

3 documents