BillionaireNet
Gassner
Peter Gassner
Rank #1057
UNITED STATESTechnologySoftware

Peter Gassner

Net Worth
$3.762B
+1.08% (24h)
Peter Gassner is the CEO and co-founder of Veeva Systems, a cloud software provider for the pharmaceutical and biotech industries. Born in 1965, Gassner has a current net worth of $4.1 Billion, a testament to his success in the software industry. His wealth is primarily derived from his leadership at Veeva Systems, a company he co-founded in 2007. Gassner's career includes pivotal roles at IBM, PeopleSoft, and Salesforce, providing a strong foundation for his entrepreneurial venture. Veeva Systems specializes in cloud-based software solutions for the life sciences sector. Gassner's focus on customer success and product quality has helped Veeva maintain strong relationships with many of the world's largest pharmaceutical companies.

The Full Dossier

Early Life

Peter Gassner was born in Portland, Oregon, in 1965, to Swiss immigrant parents. His father was an entrepreneur, and Gassner developed a strong work ethic from a young age. He worked various jobs, including paperboy and roofing, which helped shape his early life. His interest in computer science was sparked by a high school math teacher.

Rise to Success

Gassner earned a degree in computer science from Oregon State University in 1989. He began his career at IBM, working on database technology. He then moved to PeopleSoft, where he became Chief Architect and General Manager of PeopleTools. Later, he was Senior Vice President of Technology at Salesforce.com. In 2007, Gassner co-founded Veeva Systems with Matt Wallach, recognizing an opportunity for software focused on life sciences built on Salesforce's platform. He led Veeva through its successful IPO in 2013.

Key Business Strategies

Veeva's success stems from a focus on providing industry-specific solutions for the life sciences sector. This involves building cloud-based software for pharmaceutical and biotech companies, addressing their unique regulatory requirements. Gassner's emphasis on customer success and product quality has been fundamental to Veeva's growth. Veeva became the first U.S. public company to convert to a Public Benefit Corporation (PBC), legally committing to balance shareholder interests with broader stakeholder benefits.

Philanthropy

Details of Peter Gassner's specific philanthropic activities are not widely available. However, his leadership in a Public Benefit Corporation demonstrates a commitment to broader stakeholder benefits beyond just profit, aligning with the goals of advancing innovation in life sciences and promoting ethical business practices.

Career Timeline

2007

Co-founder and CEO

Co-founded Veeva Systems

2003

Senior Vice President of Technology

Worked at Salesforce.com

1995

Chief Architect and General Manager of PeopleTools

Joined PeopleSoft, where he served as Chief Architect and General Manager of PeopleTools for nine years.

1989

Software Developer

Began career at IBM's Silicon Valley Lab, working on DB2.

Philanthropic Impact

Corporate Social ResponsibilityUndisclosed

Veeva Systems as a Public Benefit Corporation

Veeva's conversion to a Public Benefit Corporation demonstrates commitment to broader stakeholder benefits like advancing innovation in life sciences and promoting ethical business practices. This implies a focus on contributing to the community, beyond simply the company's profits.

Wealth Trajectory