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 $563,426.75 as of March 6th, 2023. Mr. Wallach owns 3,145 shares of Veeva Systems stock worth more than $563,427 as of March 31st. 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?

Over the course of the past ninety days, Matthew J. Wallach has sold $5,126,500.00 in Veeva Systems stock. Most recently, Matthew J. Wallach sold 10,000 shares of the business's stock in a transaction on Monday, March 6th. The shares were sold at an average price of $178.56, for a transaction totalling $1,785,600.00. Following the completion of the sale, the director now directly owns 3,145 shares of the company's stock, valued at $561,571.20. 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), 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 28 times. They sold a total of 3,160,329 shares worth more than $516,206,111.57. The most recent insider tranaction occured on March, 10th when Director Paul Edward Chamberlain sold 160 shares worth more than $27,107.20. Insiders at Veeva Systems own 13.2% of the company. Learn More about insider trades at Veeva Systems.

Information on this page was last updated on 3/10/2023.

Matthew J. Wallach Insider Trading History at Veeva Systems

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
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. engages in the provision of industry cloud solutions for the global life sciences industry. Its solutions enable pharmaceutical and other life sciences companies to realize the benefits of modern cloud-based architectures and mobile applications for their most critical business functions, without compromising industry-specific functionality or regulatory compliance. The firm's customer relationship management solutions enable its customers to increase the productivity and compliance of their sales and marketing functions. Its regulated content management and collaboration solutions enable its customers to more efficiently manage regulated, content-centric processes across the enterprise. The company's customer master solution enables customers to more effectively manage complex healthcare provider and healthcare organization data. The company was founded by Mark Armenante, Peter P. Gassner, Doug Ostler, Mitch Wallace and Matthew J. Wallach on January 12, 2007, and is headquartered in Pleasanton, CA.
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Today's Range

Now: $183.31
Low: $180.00
High: $183.74

50 Day Range

MA: $172.40
Low: $162.44
High: $181.08

2 Week Range

Now: $183.31
Low: $151.02
High: $232.26


194,714 shs

Average Volume

962,798 shs

Market Capitalization

$28.54 billion

P/E Ratio


Dividend Yield