Veeva Systems' (VEEV) CFO Resignation Sparks 6% Stock Drop
VEEVVeeva(VEEV) Zacks Investment Research·2024-04-03 22:10

Veeva Systems’ (VEEV) shares lost 6.1% on Apr 2, following the sudden announcement of the company’s CFO Brent Bowman's resignation. Bowman's departure, though unexpected, is not linked to any misconduct or financial disagreements. He will continue to work as an employee of VEEV for three months to aid in the transition. Tim Cabral, a former CFO of Veeva Systems, will step in as interim CFO until a permanent replacement is found. Additionally, the company announced other changes in its executive team, includ ...