Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. This summer, Steckelberg made a transformative gift to create the Linda Bernhard Endowed Scholarship in honor of her late mother. You are a finance insider. She moved into the COO role and learned the operation side of the business. In total, Kelly Steckelberg has made about 52 transactions over 3 years of their time at . Zoom is positioning itself for the post-pandemic world by building out some features that the company hopes will continue showing its value. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. We were watching very closely what was happening. Learn More on Kelly Steckelberg's salary. McMaster, 57, who is the Independent Director. Nor was Steckelberg very familiar with the company. The office had closed to workers the day before, and Zooms leaders focused on making sure their employees felt safe and supported. of 4,528,421 shares. See Kelly S Steckelberg's compensation, career history, education, & memberships. It has also given organizations an impetus to ensure the diversity of the workforce more closely mirrors that of society and its customer base. In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. The Linda Bernhard Endowed Scholarship will transform the lives of students for generations. Few finance leaders have had to pivot as quickly and dramatically as Kelly Steckelberg, CFO at Zoom. Of course, the same advice applies to any other loans, such as a car loan or student loan. Chart Data in Insider Trading History Table. We conducted the entire earnings call and presentation live via a Zoom Video Webinar, which despite Zoom having many large public companies as customers, has never been done by any other company to our knowledge. Linked companies : Zoom Video Communications, Inc. After graduating from UT, I spent several years at KPMG, where I had the opportunity to gain great exposure to a wide variety of companies and industries. 5) If you have a skill or business idea youd like to pursue, start in a low-risk way, such as launching an Etsy site to sell goods, or becoming an independent contractor to provide a service. Ms Pelosi owns over 4,000 units of Zoom Video Communications Inc stock worth over $1,348,475 and over the last 4 years she sold ZM stock worth over $79,194,713. But Zooms employee headcount barely increased. We were just starting our fiscal year and basically, six weeks into it, the budget was out the window because it didnt make any sense anymore., Leadership quickly implemented some major operational changes in response. Chief Accounting Officer Shane Crehan Age : 54. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. During the past 18 months, 1,571,928 shares of Zoom Video Communications Inc (ZM) were sold and 0 shares were bought by its insiders, resulting in a net Arriving at the Forty Acres, she quickly switched majors from fashion merchandising to accounting at McCombs. Oded Gal. SAN JOSE, CA--(Marketwired - November 08, 2017) - Zoom Video Communications today announced that it has appointed Kelly Steckelberg as Chief Financial Officer (CFO). Well have to wait and see if that is indeed what Steckelberg decides to build. Over time, what youre going to see is Zoom continues to evolve to be a platform where you spend your workday, she says. Of course, none of that could prepare her for the pandemics impact on Zoom. Our customers need support. Ms Steckelberg is 53, she's been the CFO & Treasurer of Zoom Video Communications Inc since . Year 1955. of 39,739 shares made by Brian Stucki kelly steckelberg mother. She is the first person to hold the role at the video conferencing company. Very quickly, as a finance team, we realized that we had to pivot, so we implemented a process where we were meeting with our business partners every week, sometimes twice a week, so they could come to us and request resources., Another key consideration was to add necessary resources in a sustainable way. Wisconsin had the highest population of Steckelberg families in 1880. Familysearch has a small family tree with a Frederik Steckelberg . She started in audit and then did tax work to learn something new. Analysis of the popular Formula One Nexflix series "Drive to Survive" Season Five on an episode-by-episode basis. Before Zoosk, Steckelberg served as the senior director of consumer segment finance of Cisco. I think they all boiled down to the idea that you are capable of achieving . She has extensive leadership and finance experience, notably in many technology companies. . Steckelberg credits her mother and her education from The University of Texas at Austin with helping her think bigger about her goals and what she could achieve. The magazine cited her earlier CEO experience, saying that knowing the strategic side of running a company made her the ideal partner to manage Zooms explosive pandemic-led growth. In the story, analyst Ryan Koontz, who follows Zoom as managing director of Rosenblatt Securities, said, Kelly and her team have done a tremendous job. Zoom Video Communications, Inc. engages in the provision of video-first communications platform. In March of 2020, the business world was forced to transition to remote workforces and became highly reliant on Zooms video platform. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. As of 2023, she is 53 years old. The approach was not only unique (at least thus far, Im sure it wont be long before others follow suit), it also highlighted our mission of making video communications frictionless, and underscored why video is the future of communications. and Its in our work life. Included with the sale were the propertys most valuable amenities (besides the land itself, of course): approved plans and permits for an all-new, elevator-equipped contemporary home with six bedrooms and six bathrooms in 5,500 square feet of living space. There are many things that make Zoom stand out as a company, but chief among them are our rate of growth, especially at scale, combined with our profitability and positive cash flow. Now as cases of COVID-19 recede, at least in the U.S., and workers begin coming back to the office, how will that impact the companys fortunes? Dirt is a part of Penske Media Corporation. 1,736 square feet, 2 bedrooms, 3 bathrooms, Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, Filmmaker Marc Forster Relists Iconic Richard Neutra-Designed House, Michael Milken's Son Asks $64 Million for Longtime Palisades Home, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). She is responsible for the chief accounting officer function, financial planning and analysis, budgeting and forecasting, procurement, investor relations, tax and treasury, corporate development, and Zooms real estate portfolio, including its offices. The largest trade she's ever made was selling 20,000 units of Zoom Video Communications Inc stock on 5 March 2021 worth over $6,694,400. Since my cousin Peggi met her husband through Zoosk dating site last year, I decided to take a close look at Zoosk and share my detailed Zoosk dating site review with you. All Rights Reserved. 2023 Forbes Media LLC. The 46-year-old model said men have been hesitant to openly date her. Dive Brief: Zoom Video Communications on Jan. 15 closed out a stock offering after selling $2 billion in shares, exceeding its initial plan to raise approximately $1.5 billion to $1.75 billion from investors, the company reported in a release. In your opinion, what caused this change? The comprehensive curriculum also prepared her for the CPA exam and gave her a leg up on the competition, she says. Learn More on Zoom Video Communications' active insiders. Living in another country and being in Amsterdam, I got the opportunity to experience countries in a different way, which was go sit, have a coffee, and not just run around.. Thanks to philanthropic support from Longhorn Nation, UT closed a historic 2022. We had the luxury that we all lived in the technology, Steckelberg explains. In summary, during the past 3 months, insiders sold 31,375 shares of Zoom Video Communications Inc (ZM) in total and bought 0 shares, with a net Other transactions such as conversion of derivative security or exercise of options are not included. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). Kelly brings to Zoom extensive leadership and finance experience. Using Zoom on our roadshow also gave us an opportunity to showcase some of the platforms features, like virtual backgrounds, which lets users choose any background theyd like for their meeting. 9/18/2020 at 8:19 AM. The most-recent trade in Zoom Video Communications Inc is the 25 insider transaction in Zoom Video Communications Inc (ZM) with a net And one small company is building them for the Pentagon! Location Broad Beach, Malibu, Calif. Price $12.5 million. , Of course, it comes with very unique challenges to double your workforce in a complete remote environment, but weve done it., She has a strong memory of all-hands-on-deck days when they worked hard to keep pace with an accelerating increase in sales. My mom is amazing and had several "life lesson quotes" when I was growing up. :-) Id want to inspire a movement that ensures every child gets an education or skills training. Above is the net worth, insider trading, and ownership report for Kelly Steckelberg. Since 2017, shes been CFO at Zoom, a hectic and demanding job that involves overseeing everything from the $55 billion companys investor relations and financial planning to its corporate development and real estate portfolio. The company used that money in 2021 to make shrewd investment decisions led by CFO Kelly Steckelberg to power some of the biggest travel and meetings moves of the year: Cvent going public via a special purpose acquisition company and American . I was accepted into its PPA program which earns you a bachelors and masters degree. Gavin Newsom (D) blocked the move. Records reveal shes since taken a shine to Malibu, where the 52-year-old recently dropped $12.5 million on a Broad Beach lot. brought In summary, during the past 3 months, insiders sold 4,528,421 shares of Qualtrics International Inc (XM) in total and bought 0 shares, with a net The New York Times Reports: "No existing defense can stop it." Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft . By entering your email, you agree to our Privacy policy. So we turned to our partners, who were amazing and responded very quickly, sometimes adding thousands of servers in a day to keep up with our need for capacity., Although nobody could have anticipated what was in store when she started at Zoom, Kellys wide range of finance experience helped prepare her for what lay ahead. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. Country of residence : Unknown. Enter your email address below to get our daily insider buying and selling report. Click here to see the complete history of Kelly Steckelbergs form 4 insider trades. I had never worked for a company of that size, she says. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. I learned how different organizations were run, particularly from a financial perspective for example how conservative or aggressive they were and how decisions were made. the CFO of Zoom Video Communications Inc and owns about 26,949 shares of Zoom Video Communications Inc (ZM) stock worth over $2 Million. During the last ninety days, Kelly Steckelberg has sold $699,382.32 in shares of Zoom Video Communications stock. The most active insiders traders include Peter P Gassner, Eric S. Yuan, and Carl M. Eschenbach. Marketing Officer at Zoom summer, Steckelberg explains at Cisco Webex, Epiphany, PeopleSoft, Steckelberg explains extensive. Its customer base to Malibu, Calif. Price $ 12.5 million on a Broad Beach, Malibu, Price. $ 12.5 million the business reliant on Zooms Video platform felt safe and supported business was. 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