Zoom benefited greatly from 2020s widespread work-from-home orders, with the companys stock soaring to unprecedented heights at one point, the share price reached more than 500% above its pre-pandemic high. She has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. Now shes paying it forward to future generations of Longhorn business leaders. Without a doubt the most interesting thing thats occurred in my career thus far is being part of the team to take Zoom public. They sold a total of 143,497 shares worth more than $14,455,749.06. Over the past 18 months, a net The most-recent trade in Zoom Video Communications Inc is the Kelly Steckelberg is the director of Qualtrics International Inc. This article appeared in the summer 2021 issue of McCombs magazine. It serves the education, finance, government, and healthcare industries. The experience she gained as CEO gave her a fresh perspective on the CFO role. This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. The shares are held of record by Kelly Steckelberg Trust dated July 29, 2006, for which the Reporting Person serves as trustee. The most recent insider tranaction occured on February, 9th when CFO Kelly Steckelberg sold 3,224 shares worth more than $253,406.40. Usage of Zoom has surged during the shutdowns for everything from work meetings to yoga classes to remote cocktail and birthday parties. Kelly Steckelberg currently owns a total of 1 We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. She lives in Jose, California, USA. Shane Crehan. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. Joe O'Halloran, Computer Weekly. Kelly Steckelberg made Eric Yuan, CEO of Zoom, published an open letter on 7th April detailing the company's His trust in me completely changed my career trajectory, ultimately bringing me here to Zoom. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. no insider transaction in Qualtrics International Inc (XM). There are 6 older and 11 younger executives at Zoom Video Communications Inc. in accounting from The University of Texas, Austin. Lot Size 0.38 acres. 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. Year 1955. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. According to the SEC Form 4 filings, Kelly Steckelberg has made a total of a net To give a sense of the scope of the extraordinary changes the company faced, in December 2019 there were approximately 10 million daily Zoom meetings. In your opinion or experience, what 3 things can be done by a)individuals b)companies and /or c) society to support this movement going forward? I think maybe he didn't like the reference to his mother." Kelly says he was as shocked as everyone else by Warne's death last year, having been captivated by him since his emergence on the . We announced a string of major milestones this year, starting in January with a $100M Series D funding round from Sequoia, and the addition of Sequoia partner Carl Eschenbach to our board of directors. You can see the complete history of Ms Steckelberg stock trades at the bottom of the page. The brand awareness for Zoom and the flexibility of hiring has made it really easy, Steckelberg says. Related by financial asset: Zoom Video Communications. Information on this page was last updated on 2/9/2023. Even watching, I dont think we could have predicted how quickly it accelerated. The move to Zoom came next. COVID-19 ended that. sale She will be replacing co-founder Shayan . Is there a particular person who you are grateful towards who helped get you to where you are? Kelly Steckelberg (MPA '91) has always looked for opportunities to learn something new. Companies can also adopt technologies and tools like Zoom, that make it easier for employees to work remotely and still feel connected when they need to be near home. The estimated Net Worth of Janine Pelosi is at least $80.9 Million dollars as of 13 August 2021. It develops software for organizations. LinkedIn View on LinkedIn. Kelly will be responsible for developing and growing the financial infrastructure, teams, and processes that Zoom needs to continue our growth trajectory. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-03-02. Though she grew up in a small-town Texas her high school graduating class had all of 15 students the high-profile Silicon Valley player . Then they went home. . 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? Zoom Video Communications Inc executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, insiders at Zoom Video Communications Inc, Stocks and cryptocurrency portfolio tracker. I think they all boiled down to the idea that you are capable of achieving . And dont be afraid to hire someone smarter than you. Less than a year later, the COVID-19 pandemic drove people to the video communications platform by the millions. Pre-pandemic Zoom had about 2,200 employees; today, that number has more than doubled to 5,000. Public asset : 2,382,418 USD. Of this total $377,164 was received as a salary, $16,530 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. Actors Patrick Fabian and Mandy Steckelberg attend the SAG Indie/WGA Party during the 2010 Los Angeles Film Festival at J Lounge on June 23, 2010 in. President. Year 1955. It was one of the hardest jobs Ive ever done, but it was amazing and rewarding in the end. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). Views sweep up and down Malibus long coastline, from Ventura County to Point Dume. Details can be seen in Kelly Steckelberg's Latest Holdings Summary section. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. 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. See Remarks Brian Stucki Zoosk, the online dating platform that has been around since 2007, has today announced changes to leadership, with CFO Kelly Steckelberg taking over as CEO. sale Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $499,753 as of February 28th. Its platform helps people to connect through voice, chat, content sharing, and face-to-face video experiences. That was when many Americans started working from home, and Zoom was on its way to becoming a household name. Early in her career, a stint as an expat working for PeopleSoft in Amsterdam whet her appetite for exploring new places, because it was easy to visit other countries in Europe. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. She has a MA in accounting from The University of Texas at Austin. It seemed like a great opportunity to get my masters done all at one time, she says. Greg Tomb. I mean, its amazing to me. 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. Steckelberg says she doesnt expect us to stop Zooming. If Steckelberg was going to be spending the year isolated and working screen-to-screen with her colleagues, she knew she would relish time with her nieces, ages 8 and 10. Kelly Steckelberg Path to Becoming a CFO talk. Kelly Steckelberg has traded $5.3million of her shares and company Director Santiago Subotovksy has made $16 . Before joining Zoom, I was the CEO of Zoosk, and prior to that served as Zoosks CFO. I think McCombs helped me do well.. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft . Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. In a 3.5-hour conference, CEO Elon Musk confirmed news broken a day earlier by Mexicos president about the carmakers plans for a plant in Monterrey thats expected to make lower-cost EVs. None of us are able to achieve success without some help along the way. and Kelly Steckelberg works remotely from her patio. 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 one small company is building them for the Pentagon! Zoom Video Communications, Inc. (NASDAQ:ZM - Get Rating) CFO Kelly Steckelberg sold 3,224 shares of the stock in a transaction that occurred on Wednesday, January 25th. (Her father was a CPA.) sale Before the pandemic, Zoom focused on hiring from within, but as the company has grown, theyve had to look outward more often. All Rights Reserved. November 8, 2017 3 min read. Kelly Steckelberg is a very beautiful, talented, and respected American Businesswoman and investor. 7. Zoom Video Communications, Inc. All rights reserved. I was like, OK, here we go. A Professional theme for architects, construction and interior designers Our customers need support. See Kelly S Steckelberg's compensation, career history, education, & memberships. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. When Zoom went public in 2019, it was a career highlight, she says. Other key executives at Zoom Video Communications Inc include Ideally, learning should be a lifelong undertaking. At the time, Zoom was not the noun, verb, and adjective as in Zoom fatigue that it is today. Twitter users saw the pic posted . Steckelberg says Zoosk decided, in late 2013 and into 2014, to . My mom is amazing and had several "life lesson quotes" when I was growing up. Over the past 18 months, a net , Here's how Zoom's CFO managed the company's whirlwind year. $100M Series D funding round from Sequoia, revenue growth of 150 percent and a customer base increase of 100 percent. XM Services. Online payments, loans, websites and so on make it easier than ever before to trial-balloon a business idea. By entering your email, you agree to our Privacy policy. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. Kelly Steckelberg. I think the change has been driven in large part by increased awareness of the issue and an acknowledgement of the value women and people of diverse backgrounds and origins bring to an organization. At the same time, she set a goal to become a public company CFO. The most Steckelberg families were found in USA in 1920. Of course, it comes with very unique challenges to double your workforce in a complete remote environment, but weve done it. Most recently she sold 3,224 units of ZM stock worth $253,406 on 9 February 2023. It was just incredible. By. We want to hear from you! Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Copyright 2023 About Kelly Steckelberg. Kelly Kay, the girlfriend of the late college football player Spencer Webb, is celebrating her body in the last stretch of her pregnancy. 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. An opportunity to learn something new. I agreed to move to the Amsterdam sight unseen.. 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. How do you think that will help people? The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase. As the CFO of Zoom Video Communications, Inc., Ms. Steckelberg earned a total compensation package of $393,694.00 in 2022. Public asset : 2,382,418 USD. Steckelberg holds an M.A. She had just two electives in her high school: shop or home economics. Just prior to joining Zoom, she was at online dating platform Zoosk, where she became CEO after stints as CFO and COO. They know where the candy stash is. During high-profile interviews with CNBC and other media outlets, she locks the door. yields hovering at the highest yields since november. Todays Wordle #621 Hint, Clues And Answer For Thursday, March 2nd, AEW Dynamite Results: Winners And Grades On March 1, 2023, What Brands Need To Know: Social Marketing In 2023, Teslas Investor Day Is Long On Time, Short On Useful New Details, Biden Not Confident Supreme Court Will Uphold Student Debt Cancellation, Celta Vigo Star Gabri Veiga Is Alerting Wealthy Teams In The Premier League, RFK Killer Sirhan Sirhan Denied Parole For 16th TimeReversing 2021 Decision, Wednesday, March 1. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. Formerly the CEO of Zoosk and . To learn more about how she has adapted to change throughout her career, watch the completeKelly Steckelberg Path to Becoming a CFO talk. I was accepted into its PPA program which earns you a bachelors and masters degree. GuruFocus.com is not operated by a broker or a dealer. Thank you so much for doing this with us! The office had closed to workers the day before, and Zooms leaders focused on making sure their employees felt safe and supported. kelly steckelberg mother. Other transactions such as conversion of derivative security or exercise of options are not included. Kelly Steckelberg brings to Zoom extensive leadership and finance experience. I am so grateful for Kellys tremendous generosity and leadership, says McCombs dean Lillian Mills. Steckelberg is the former CEO of Zoosk, though it is not clear whether the dating brand is implicated in Zoom's investigation. 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. Buyer Kelly Steckelberg. Im sitting in what I think is the best job in the world.. "I wanted to preserve optimal flexibility for our balance sheet," Zoom CFO Kelly Steckelberg told the Wall Street Journal, noting Zoom didn't designate . The Chandra family leaves a legacy of philanthropy and impact. Were so pleased to join Kelly in honoring her mothers legacy by providing high-potential Texas students the opportunity and support to thrive at McCombs.. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. and Shares of video conferencing app Zoom jumped on report last Tuesday, but dipped at the end of the week as investors question the staying power of "stay at ho. Steckelberg brings to Zoom extensive leadership and finance experience. Familysearch has a small family tree with a Frederik Steckelberg . We presented prepared remarks and content, and did live Q&A all using Zoom. A colleague at WebEx, Eric Yuan, now the founder and CEO of Zoom, sent her a message. Records reveal shes since taken a shine to Malibu, where the 52-year-old recently dropped $12.5 million on a Broad Beach lot. The importance of building strong teams extends to her philosophy on hiring and nurturing career growth. Kelly is a brilliant leader and some-one who makes Zoom a better place. On March 15 everything changed overnight for Zoom. The firm derives revenue from sales of subscriptions to access its XM Platform; research services and professional services. And now, all of a sudden, because of supply chain constraints and the huge increase in demand, we could not keep up with that way of provisioning our customers. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . Nor was Steckelberg very familiar with the company. This happens, Steckelberg says, with a laugh. The relationship between Kelly and Eric reinforced her belief that "the longer your career, the more you realize how important it . In-depth interviews with authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. Traditionally, the company reviewed resource requests on a quarterly basis. 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 Prior to Zoom, Steckelberg was CEO of dating site Zoosk and spent two decades working in finance for companies like Cisco's Webex. Wisconsin had the highest population of Steckelberg families in 1880. Eric Yuan, CEO of the San Jose company, said in a note to employees that his board investigated anonymous claims that arose last week about CFO Kelly Steckelberg having an "undisclosed, consensual . sale Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. First and foremost, individuals and companies can continue to support parity by advocating for hiring women and by mentoring women. 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 Above is the net worth, insider trading, and ownership report for Kelly Steckelberg. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. An important one was introducing more frequent check-ins to keep capital flowing to the right places. Learn More on Kelly Steckelberg's trading history. 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. of 1,571,928 shares. In that situation, for example, we turned to third-party partners to help us so that we can get an immediate influx of talent to support us but providing us the ability for long-term flexibility to scale that back down if we need to. In just her second job out of college, Kelly Steckelberg, BBA/MPA 91, set a goal: to become the chief financial officer of a publicly traded company. brought Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. You might contact Kelly Steckelberg via mailing address: C/o Zoom Video Communications, Inc., 55 Almaden Boulevard, 6th Floor, San Jose Ca 95113. Kelly Steckelberg. Steckelberg has also held various roles in finance at Cisco WebEx, Epiphany, PeopleSoft, and KPMG. In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. When she did, she was impressed. That I really loved. She advised prospective CFOs to always remember the broad scope of the CEOs concerns. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. As of 8 January 2023 she still owns at least 32,823 units of Zoom Video Communications Inc stock. 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. McCombs alumna and Zoom CFO gives back to UT students. While she has been locked down like the rest of us, she has had to put aside her wanderlust. Pres. On average, Ms trades about 6,906 units every 20 days since 2019. Find out how your whole company will benefit. In March of 2020, the business world was forced to transition to remote workforces and became highly reliant on Zooms video platform. World-class advisory, implementation, and support services from industry experts and the XM Institute. of 2,442,856 shares. Zoom Video Communications Chief Financial Officer (CFO), Kelly Steckelberg has had her hands full since she accepted the position in the fall of 2017. Mapleton - Benjamin Dean Steckelberg, age 32, of Mapleton, died unexpectedly on July 31, 2021. It's good to be Kelly Steckelberg. But our team stayed with it, doing all we could to get the product to our customers as quickly as possible, and the reward for the long hours was happy customers at the end., When Steckelberg was faced with the prospect of lockdown, she knew she didnt want to spend an uncertain future living and working alone near Zoom headquarters in San Jose, California. As a former CEO, I had to learn exactly how products, engineering, marketing and sales and your go-to market strategy how that all comes together to drive a business and what the levers of that are, Steckelberg says. In 1880 there were 11 Steckelberg families living in Wisconsin. I was so pleased when Kelly agreed to join the Zoom leadership team as our CFO, said Eric S. Yuan, our founder and CEO. Lot Size 0.38 acres. A long sought-after goal of any CFO taking a company public ended with disappointment when Zoosk wasnt able to adjust its business model quickly enough and called off its IPO. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). Michael Adams. Kelly S Steckelberg is Chief Financial Officer at Zoom Video Communications. I believe education is the greatest way to empower someone and the benefits extend far beyond the individual to ultimately benefit society as a whole. :-) Id want to inspire a movement that ensures every child gets an education or skills training. One of my friends told me, Ive never interviewed for a job that I didnt get. Wall Street and Finance used to be an all white boys club. Learn More on Zoom Video Communications' active insiders. Other recent insider transactions involving Qualtrics International Inc (XM) include , An Emma Steckelberg also emigrated and arrived in NewYork, but I cannot see anything more through the payment barrier. During the last ninety days, Kelly Steckelberg has sold $699,382.32 in shares of Zoom Video Communications stock. In your opinion, what caused this change? Yuan today is pleased he brought her on board. The mom-to-be, 30, posed . Click here to see the complete history of Kelly Steckelbergs form 4 insider trades. Kelly Kay. sale Advice. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. At some point in nearly everyones adult life they will need to prove their creditworthiness in order to finance a major purchase, like a home. During this process we had the opportunity to highlight the power of video communications by being the first company to conduct the majority of its roadshow via Zoom! Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. Zoom earnings: 'We were really pleased' with Q4 results, CFO says - Yahoo TV As we move toward the time where we can all move around the world again more safely, were going to want to leverage Zoom for the aspects that make our lives the most convenient. You are a finance insider. I became a much better CFO because of it, and really learned how marketing, product, and engineering all work together. . Kelly Steckelberg has Fallen in Love with Creating Opportunity at Zoosk. The corporate mailing address for Ms. Steckelberg and other Zoom Video Communications executives is 55 ALMADEN BOULEVARD 6TH FLOOR, SAN JOSE CA, 95113. On March 15 everything changed overnight for Zoom..
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