September 16, 2020

Veeva Forms Board Committee to Explore Becoming a Public Benefit Corporation

PLEASANTON, Calif.–(BUSINESS WIRE)– #LifeSciences–Veeva Systems (NYSE: VEEV) today announced it has formed a board committee to explore becoming a public benefit corporation (PBC). The Committee will seek input from shareholders, customers, and other stakeholders on the possibility of becoming a PBC before taking any further action. A PBC is a for-profit corporation that has also adopted a public benefit purpose. Unlike a traditional corporation whose only legal duty is to maximize shareholder value, PBCs c

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