Matthew J.  Wallach net worth and biography

Matthew Wallach Biography and Net Worth

President of Veeva Systems

Matthew Wallach is the co-founder and a current board member of Veeva Systems, one of the world’s leading cloud companies in the life sciences industry. 

Wallach co-founded Veeva in 2007, and he has served in various executive roles throughout the company since its inception. From 2013 until his retirement in 2019, Wallach was Veeva’s president, responsible for all strategy, alliances, and business development at the company. While president, Wallach oversaw Veeva’s IPO and growth towards a $1 billion revenue run rate. 

Before founding Veeva, Wallach held various executive roles at smaller technology companies. Directly prior to his tenure with Veeva, Wallach was the chief marketing officer for Health Market Science, a supplier of healthcare data solutions. Throughout 2004, he served as the vice president of marketing and product management for IntelliChem, and from 1998 to 2003 he worked as a general manager of pharmaceuticals and biotechnology at Siebel Systems, where he was responsible for both the Siebel Pharma and Siebel Clinical product lines. 

During his time with Siebel, Wallach worked to build the company’s global division, which grew to over $140 million under his leadership. At one point, nearly half of all the pharmaceutical sales reps in the world used the products created during Wallach’s tenure at Siebel. 

Wallach began his career at Booz & Company, where he was a lead consultant focusing on the chemicals and pharmaceuticals industries. 

In 2007, Wallach was named to the “PharmaVOICE 100” list for his contribution to the life sciences industry. He’s currently a minority owner of the Philadelphia Union, an American professional soccer club in Philadelphia. 

Wallach earned his B.A. in economics from Yale University and his M.B.A. from the Harvard Business School. 

What is Matthew J. Wallach's net worth?

The estimated net worth of Matthew J. Wallach is at least $22.96 million as of January 5th, 2024. Mr. Wallach owns 109,025 shares of Veeva Systems stock worth more than $22,963,936 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Wallach may own. Learn More about Matthew J. Wallach's net worth.

How do I contact Matthew J. Wallach?

The corporate mailing address for Mr. Wallach and other Veeva Systems executives is 4280 HACIENDA DRIVE, PLEASANTON CA, 94588. Veeva Systems can also be reached via phone at (925) 452-6500 and via email at [email protected]. Learn More on Matthew J. Wallach's contact information.

Has Matthew J. Wallach been buying or selling shares of Veeva Systems?

Matthew J. Wallach has not been actively trading shares of Veeva Systems within the last three months. Most recently, Matthew J. Wallach sold 5,000 shares of the business's stock in a transaction on Friday, January 5th. The shares were sold at an average price of $186.05, for a transaction totalling $930,250.00. Following the completion of the sale, the director now directly owns 109,025 shares of the company's stock, valued at $20,284,101.25. Learn More on Matthew J. Wallach's trading history.

Who are Veeva Systems' active insiders?

Veeva Systems' insider roster includes Timothy Barabe (Director), Brent Bowman (CFO), Timothy Cabral (CFO), Paul Chamberlain (Director), Ronald Codd (Director), Jonathan Faddis (SVP), Peter Gassner (Founder, CEO, Director), Mary Hedley (Director), Frederic Lequient (SVP), Alan Mateo (EVP), Michele O'connor (CAO), Thomas Schwenger (COO), Paul Sekhri (Director), Matthew Wallach (President), and Eleni Zuppas (CMO). Learn More on Veeva Systems' active insiders.

Are insiders buying or selling shares of Veeva Systems?

In the last year, insiders at the technology company sold shares 16 times. They sold a total of 81,287 shares worth more than $15,843,847.50. The most recent insider tranaction occured on November, 8th when insider Thomas D Schwenger sold 1,126 shares worth more than $270,251.26. Insiders at Veeva Systems own 10.5% of the company. Learn More about insider trades at Veeva Systems.

Information on this page was last updated on 11/8/2024.

Matthew J. Wallach Insider Trading History at Veeva Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/5/2024Sell5,000$186.05$930,250.00109,025View SEC Filing Icon  
12/4/2023Sell5,000$179.15$895,750.00114,025View SEC Filing Icon  
11/6/2023Sell5,000$195.53$977,650.00118,735View SEC Filing Icon  
10/5/2023Sell5,000$199.66$998,300.0023,735View SEC Filing Icon  
9/18/2023Sell5,000$209.07$1,045,350.0028,735View SEC Filing Icon  
3/6/2023Sell10,000$178.56$1,785,600.003,145View SEC Filing Icon  
2/6/2023Sell10,000$174.29$1,742,900.002,846View SEC Filing Icon  
1/3/2023Sell10,000$159.80$1,598,000.002,846View SEC Filing Icon  
12/5/2022Sell10,000$169.13$1,691,300.002,846View SEC Filing Icon  
11/7/2022Sell10,000$169.49$1,694,900.002,546View SEC Filing Icon  
10/3/2022Sell10,000$166.20$1,662,000.002,546View SEC Filing Icon  
9/6/2022Sell10,000$169.27$1,692,700.002,546View SEC Filing Icon  
11/12/2021Sell5,000$316.25$1,581,250.00View SEC Filing Icon  
8/23/2021Sell5,000$322.25$1,611,250.006,522View SEC Filing Icon  
7/15/2021Sell5,000$312.52$1,562,600.001,742View SEC Filing Icon  
6/8/2021Sell5,000$295.10$1,475,500.006,311View SEC Filing Icon  
5/9/2019Sell12,000$140.84$1,690,080.0012,000View SEC Filing Icon  
4/10/2019Sell12,000$135.62$1,627,440.0012,000View SEC Filing Icon  
3/5/2019Sell12,000$115.63$1,387,560.0012,000View SEC Filing Icon  
2/12/2019Sell12,000$117.64$1,411,680.0012,000View SEC Filing Icon  
1/16/2019Sell12,000$101.63$1,219,560.0012,000View SEC Filing Icon  
12/21/2018Sell12,000$83.70$1,004,400.006,000View SEC Filing Icon  
11/15/2018Sell12,000$90.72$1,088,640.0012,000View SEC Filing Icon  
10/12/2018Sell12,000$91.13$1,093,560.0012,000View SEC Filing Icon  
9/17/2018Sell12,000$105.40$1,264,800.0012,000View SEC Filing Icon  
8/16/2018Sell12,000$84.57$1,014,840.0012,000View SEC Filing Icon  
7/11/2018Sell12,000$79.90$958,800.0012,000View SEC Filing Icon  
6/25/2018Sell12,000$79.32$951,840.0012,000View SEC Filing Icon  
5/14/2018Sell12,000$77.63$931,560.0012,000View SEC Filing Icon  
4/18/2018Sell12,000$74.86$898,320.0012,000View SEC Filing Icon  
3/15/2018Sell12,000$77.28$927,360.0012,000View SEC Filing Icon  
2/14/2018Sell24,000$57.36$1,376,640.0024,000View SEC Filing Icon  
1/9/2018Sell24,000$58.06$1,393,440.0024,000View SEC Filing Icon  
12/20/2017Sell24,000$57.20$1,372,800.0024,000View SEC Filing Icon  
11/14/2017Sell24,000$60.98$1,463,520.00View SEC Filing Icon  
10/12/2017Sell24,000$59.59$1,430,160.00View SEC Filing Icon  
9/20/2017Sell24,000$55.83$1,339,920.0024,000View SEC Filing Icon  
8/7/2017Sell24,000$62.76$1,506,240.0024,000View SEC Filing Icon  
7/13/2017Sell24,000$63.15$1,515,600.0024,000View SEC Filing Icon  
6/22/2017Sell24,000$62.82$1,507,680.0024,000View SEC Filing Icon  
5/9/2017Sell24,000$55.11$1,322,640.0024,000View SEC Filing Icon  
4/19/2017Sell24,000$51.06$1,225,440.0024,000View SEC Filing Icon  
3/13/2017Sell24,000$46.11$1,106,640.0024,000View SEC Filing Icon  
2/14/2017Sell84,000$43.89$3,686,760.0023,711View SEC Filing Icon  
2/13/2017Sell23,711$44.12$1,046,129.3223,711View SEC Filing Icon  
1/18/2017Sell84,000$43.18$3,627,120.0042,000View SEC Filing Icon  
12/8/2016Sell84,000$43.22$3,630,480.0042,000View SEC Filing Icon  
11/8/2016Sell84,000$38.61$3,243,240.0023,711View SEC Filing Icon  
11/7/2016Sell23,711$38.70$917,615.7023,711View SEC Filing Icon  
10/14/2016Sell84,000$38.01$3,192,840.0042,000View SEC Filing Icon  
9/28/2016Sell84,000$41.47$3,483,480.0042,000View SEC Filing Icon  
8/5/2016Sell84,000$37.79$3,174,360.0023,711View SEC Filing Icon  
7/20/2016Sell84,000$36.33$3,051,720.0042,000View SEC Filing Icon  
6/10/2016Sell84,000$34.75$2,919,000.0042,000View SEC Filing Icon  
5/5/2016Sell84,000$26.83$2,253,720.0023,711View SEC Filing Icon  
4/15/2016Sell84,000$25.87$2,173,080.0042,000View SEC Filing Icon  
3/22/2016Sell84,000$25.60$2,150,400.0042,000View SEC Filing Icon  
3/21/2016Sell42,000$25.62$1,076,040.0042,000View SEC Filing Icon  
2/24/2016Sell84,000$22.22$1,866,480.0040,193View SEC Filing Icon  
1/28/2016Sell84,000$23.59$1,981,560.00View SEC Filing Icon  
12/29/2015Sell84,000$28.84$2,422,560.00View SEC Filing Icon  
12/28/2015Sell60,289$28.87$1,740,543.43View SEC Filing Icon  
11/6/2015Sell84,000$26.58$2,232,720.00View SEC Filing Icon  
10/7/2015Sell84,000$24.56$2,063,040.00View SEC Filing Icon  
9/22/2015Sell23,711$25.81$611,980.91View SEC Filing Icon  
9/21/2015Sell60,289$26.39$1,591,026.71View SEC Filing Icon  
7/17/2015Sell84,000$28.51$2,394,840.00View SEC Filing Icon  
6/26/2015Sell84,000$28.10$2,360,400.00View SEC Filing Icon  
5/22/2015Sell84,000$27.93$2,346,120.00View SEC Filing Icon  
4/21/2015Sell42,000$26.71$1,121,820.00View SEC Filing Icon  
4/20/2015Sell42,000$26.67$1,120,140.00View SEC Filing Icon  
3/27/2015Sell84,000$25.45$2,137,800.00View SEC Filing Icon  
3/2/2015Sell60,289$31.02$1,870,164.78View SEC Filing Icon  
2/4/2015Sell42,566$30.00$1,276,980.00View SEC Filing Icon  
2/3/2015Sell84,000$28.47$2,391,480.00View SEC Filing Icon  
2/2/2015Sell71,261$28.46$2,028,088.06View SEC Filing Icon  
1/2/2015Sell84,000$26.26$2,205,840.00View SEC Filing Icon  
11/4/2014Sell84,000$28.81$2,420,040.00View SEC Filing Icon  
11/3/2014Sell50,000$29.09$1,454,500.00View SEC Filing Icon  
10/2/2014Sell139,597$26.88$3,752,367.36View SEC Filing Icon  
7/1/2014Sell56,000$25.38$1,421,280.00View SEC Filing Icon  
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Matthew J. Wallach Buying and Selling Activity at Veeva Systems

This chart shows Matthew J Wallach's buying and selling at Veeva Systems by year and by quarter.

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Veeva Systems Company Overview

Veeva Systems logo
Veeva Systems Inc. provides cloud-based software for the life sciences industry. It offers Veeva Commercial Cloud, a suite of software and analytics solutions, such as Veeva customer relationship management (CRM) that enable customer-facing employees at pharmaceutical and biotechnology companies; Veeva Vault PromoMats, an end-to-end content and digital asset management solution; Veeva Vault Medical that provides source of medical content across multiple channels and geographies; Veeva Crossix, an analytics platform for pharmaceutical brands; Veeva OpenData, a customer reference data solution; Veeva Link, a data application that allows link to generate real-time intelligence; and Veeva Compass includes de-identified and longitudinal patient data for the United States. The company also provides Veeva Development Cloud, a suite of applications for the clinical, regulatory, quality, and safety functions, including Veeva Vault Clinical, Veeva Vault RIM, Veeva Vault Safety, and Veeva Vault Quality; Veeva QualityOne, a quality and document management, and training solution; Veeva RegulatoryOne, a solution that helps companies to manage regulatory submission content; and Veeva Claims addresses the end-to-end product and marketing claims management process. In addition, it offers professional and support services, including implementation and deployment planning and project management; requirements analysis, solution design, and configuration; systems environment management and deployment services; services focused on advancing or transforming business and operating processes related to Veeva solutions; data migration and systems integrations technical consulting services; training on its solutions; and ongoing managed services, such as outsourced systems administration. The company was formerly known as Verticals onDemand, Inc. and changed its name to Veeva Systems Inc. in April 2009. Veeva Systems Inc. was incorporated in 2007 and is headquartered in Pleasanton, California.
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Today's Range

Now: $210.63
Low: $207.54
High: $211.33

50 Day Range

MA: $214.68
Low: $201.83
High: $237.00

2 Week Range

Now: $210.63
Low: $165.12
High: $240.68

Volume

1,168,478 shs

Average Volume

969,450 shs

Market Capitalization

$34.11 billion

P/E Ratio

56.17

Dividend Yield

N/A

Beta

0.81