Veeva Systems (VEEV) president to exit for partner CEO role
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.
8-K Event Classification
2 items: 5.02, 9.01
2 items
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.
Key Figures
Effective date of new EVP role: October 2, 2026
Resignation notice date: August 18, 2026
Tenure start of Thomas D. Schwenger: September 2019
3 metrics
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
Key Terms
Emerging growth company, pre-commencement communications, Inline XBRL
3 terms
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.