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 $24.44 million as of January 5th, 2024. Mr. Wallach owns 109,025 shares of Veeva Systems stock worth more than $24,437,954 as of December 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?
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 14 times. They sold a total of 62,981 shares worth more than $12,743,625.70. The most recent insider tranaction occured on December, 4th when SVP Jonathan Faddis sold 1,694 shares worth more than $390,128.20. 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 12/4/2024.