Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . Make it a family event to review your portfolios together monthly. While she has been locked down like the rest of us, she has had to put aside her wanderlust. Wendy Bergh. Kelly Steckelberg. Following the call, we received great feedback from participants that using Zoom made it the call more engaging and we have had inquiries from other companies who now want to use Zoom as well! Views sweep up and down Malibus long coastline, from Ventura County to Point Dume. When Steckelberg was . Buyer Kelly Steckelberg. Its a lot more about how you think through problems, how you problem solve, and how do you help make decisions. Ask questions, provide your perspective, join the conversation, find resources. Kelly Steckelberg brings to Zoom extensive leadership and finance experience. sale 4) I love Peter Lynchs theory of invest in what you know. The inaugural class of Darren Walker Scholars meets their namesake and sponsors. 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. Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to break down the communications technology company's strong Q4 earnings report and guidance for 2021. Learn More on Kelly Steckelberg's contact information. About Kelly Steckelberg. Kelly Steckelberg brings extensive leadership and finance experience to her role as CFO at Zoom. LinkedIn View on LinkedIn. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. You never know what your idea can trigger. Companies still want flexibility, and they want the ability to choose the tool that works best for them and their approach.. I think its made me a much better CFO.. The Texas Challenge will double your scholarship endowment gift of $100,000 or more. , The relationship between Kelly and Eric reinforced her belief that "the longer your career, the more you realize how important it . You might contact Kelly Steckelberg via mailing address: C/o Zoom Video Communications, Inc., 55 Almaden Boulevard, 6th Floor, San Jose Ca 95113. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. Zoom Video Communications CFO Kelly Steckelberg joins Dan Howley to discuss Zoom's success in 2020 and why it was chosen to be Yahoo Finance's Company of the Year. Other recent insider transactions involving Qualtrics International Inc (XM) include A Professional theme for architects, construction and interior designers 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. "I wanted to preserve optimal flexibility for our balance sheet," Zoom CFO Kelly Steckelberg told the Wall Street Journal, noting Zoom didn't designate . Although Zoom was a private company at the time, they went public shortly after she joined. Since then, theyve gone to the Galapagos, Fiji, and Bora Bora for her 50th birthday. See Remarks De'porres Brightful 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. Details can be seen in Kelly Steckelberg's Latest Holdings Summary section. Pres. We all have so many experiences to draw on and what you have to do is make sure that, no matter what environment youre in, youre adapting your experience for the here and now.. We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. The brand awareness for Zoom and the flexibility of hiring has made it really easy, Steckelberg explains. Her earlier CEO experience came into play, especially in a growing company. Kelly Steckelberg. Kelly Steckelberg is the Chief Financial Officer of Zoom Video Communications Inc. They probably could be indicative of how a person works and whats important to them. She advises not to rush, but to take the time to find the right person. Kelly has deep knowledge of our space and is simply a wonderful person to work with. By Todd Savage | Photograph by Dustin Snipes. An important one was introducing more frequent check-ins to keep capital flowing to the right places. Find out how your whole company will benefit. 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 . New doors, however, opened. Last sold back in July for $11.5 million to apparel entrepreneur Jeff Marine, the property was a quick four-month flip, though Marine likely spent big bucks on permitting and plans. 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. 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. She went on to work in tax forms at PeopleSoft for a year, and then the company offered her a chance to move to Amsterdam. Twitter users saw the pic posted . Like under the grip of Covid, terrified, Kelly said. Buyer Kelly Steckelberg. Terms | Privacy | Trust Center | Community Standards | Legal & Compliance | Do Not Sell My Personal Information | Cookie Preferences. 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 Eric would then demonstrate how to change the background to depict his office, or any other setting. Now shes paying it forward to future generations of Longhorn business leaders. Kelly brings to Zoom extensive leadership and finance experience. 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. By. 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. 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. Kelly Steckelberg is a very beautiful, talented, and respected American Businesswoman and investor. CBS News Reports: "It's an entirely new type of weapon." Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. 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. Founded in 2011, Zoom is headquartered in San Jose, California, with offices around the world. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. A big show that pulled no punches digging into Zoom's significant retracement after exploding amidst the Covid-19 pandemic. On March 15 everything changed overnight for Zoom. Steckelberg holds an M.A. After obtaining an MA in accounting, she worked in tax and audit at KPMG. Ready to build! rejoices the listing. Her family moved often during her childhood, finally settling in Harper, Texas, a small Hill Country town where she had 15 students in her graduating class. To learn more about Airbase, contact us for a. Howard Wilson, CFO at PagerDuty, talks about his non-traditional route to the CFO role, and the importance of creative problem-solving, empathy, and strong teams. Click here to see the complete history of Kelly Steckelbergs form 4 insider trades. The shares were sold at an average price of $78.60, for a transaction totalling $253,406.40. sale She went on to hold roles at PeopleSoft, Epiphany, WebEx, and Cisco. McCombs alumna and Zoom CFO gives back to UT students. We were watching very closely what was happening. She will be replacing co-founder Shayan . 1/4 of the shares subject to the option vested on November 6, 2018, and 1/48 of the shares vest monthly thereafter. Lot Size 0.38 acres. Kelly had worked with Zooms CEO, Eric Yuan, at WebEx, and she wanted to transition to a role as a public company CFO. If youre a valued employee, the best way for you to get experience is with your current company. At Zoom, she makes a conscious effort to give her team cross-functional experience when they express an interest. One of my friends told me, Ive never interviewed for a job that I didnt get. I think McCombs helped me do well.. Oded Gal. 9/18/2020 at 8:19 AM. My mom is amazing and had several "life lesson quotes" when I was growing up. The most Steckelberg families were found in USA in 1920. sale When you start to see your strategy come together, its really rewarding., After Zoosk, she expected to take a break, but within two days of updating her LinkedIn profile, she heard from a former colleague who would change her life. Kelly Steckelberg (MPA '91) has always looked for opportunities to learn something new. 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. We presented prepared remarks and content, and did live Q&A all using Zoom. Then they went home. Thank you for all of these great insights! I was actually surprised to discover that Zoosk is one of the top online dating sites available right now. After she moved back to the States, she started taking her three eldest nieces from another sister on an annual trip to a new country. But how did this small-town Longhorn, raised in Hill Country towns Kerrville and Harper, rise to the most elite levels of global business? Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. She has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. It serves the education, finance, government, and healthcare industries. Online payments, loans, websites and so on make it easier than ever before to trial-balloon a business idea. Mike took a chance on hiring me because I didnt have a SaaS background at the time, but he trusted I could learn the market. Send us a tip using our anonymous form. According to this report in CNBC, less than 17 percent of senior positions in investment banks are held by women. While I visited bankers in person, Eric S. Yuan, Zooms CEO and founder, joined the majority of our meetings using Zoom. Before the pandemic, Zoom focused on hiring from within, but as the company has grown, theyve had to look outward more often. Thanks to philanthropic support from Longhorn Nation, UT closed a historic 2022. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. The firm derives revenue from sales of subscriptions to access its XM Platform; research services and professional services. a net Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. Beyond her role at Zoom, she currently serves on the board of Qualtrics and previously served on the board of Episcopal Community Services of San Francisco. The move to Zoom came next. As the CFO of Zoom Video Communications, Inc., Ms. Steckelberg earned a total compensation package of $393,694.00 in 2022. 49 transactions in Zoom Video Communications Inc (ZM) over the past 5 years, including 0 buys and 49 sells. In August, Zoom announced year-over-year revenue growth of 150 percent and a customer base increase of 100 percent. Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to discuss company earnings, growth, work-from-home stocks, innovating the collaboration experience, and the outlook for Zoom. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. of 2,442,856 shares. As of 2023, she is 53 years old. Mapleton - Benjamin Dean Steckelberg, age 32, of Mapleton, died unexpectedly on July 31, 2021. This happens, Steckelberg says, with a laugh. None of us are able to achieve success without some help along the way. In your opinion, what caused this change? COVID-19 ended that. It has also given organizations an impetus to ensure the diversity of the workforce more closely mirrors that of society and its customer base. Chief Information Security Officer. The estimated Net Worth of Kelly Steckelberg is at least $79.5 Million dollars as of 8 January 2023. sale PagerDuty CFO, Howard Wilson, on his non-traditional route to becoming a CFO. She has a MA in accounting from The University of Texas at Austin. Thank you so much for doing this with us! (Her father was a CPA.) In the last year, insiders at the sold shares 34 times. We were recruiting people from around the company to help and started each day with a review of the queue, which kept growing! recalls Steckelberg. Learn More on Kelly Steckelberg's trading history. Analysts had estimated $1.1 billion. Zoom Video Communications, Inc. All rights reserved. Kelly Steckelberg made The Linda Bernhard Endowed Scholarship will transform the lives of students for generations. Chief Financial Officer. Im incredibly excited to be joining Team Zoom. We didnt want to get ahead of ourselves from a hiring perspective, she says. 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 . Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. My mom is amazing and had several life lesson quotes when I was growing up. Kelly Steckelberg made As CFO of Zoom, the Silicon Valley video communications giant, she and other company leaders had been watching the approaching coronavirus storm and anticipating the disturbance it might unleash. If youre short on accounting experience, she explained, you want to make sure you hire a really great Chief Accounting Officer who is very technically astute., I think another important aspect is making sure that you and your CEO or your controller have similar viewpoints on the approach youre going to take as a company how conservative or moderately conservative or aggressive you are on accounting standards.. All Rights Reserved. The comprehensive curriculum also prepared her for the CPA exam and gave her a leg up on the competition, she says. For me, public accounting was a really great start to my career because of the exposure that I got to the wide range of different industries.. Still, Steckelberg calls her Zoom gig the best job in the world, and its certainly also been very rewarding for her pocketbook. Our customers need support. Chief Accounting Officer. Can you please give a story or example for each. Most recently, she was CEO at Zoosk, where she previously held positions of CFO and COO. Qualtrics International Inc (XM) of 15,282 shares made by Velchamy Sankarlingam Get notified the next time Kelly Steckelberg buys or sells Zoom Video Communications stock. In total, Kelly Steckelberg has made about 52 transactions over 3 years of their time at . It didnt matter if it was morning, or evening, or the weekend, we were all doing everything we could to support customers and keep people connected. That included offering Zoom to K-to-12 schools in need, an initiative Kelly is particularly proud of. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. Whether you want to increase customer loyalty or boost brand perception, we're here for your success with everything from program design, to implementation, and fully managed services. 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 . Dirt is a part of Penske Media Corporation. Nor was Steckelberg very familiar with the company. She was 27 and he 22 when she left. Steckelberg brings extensive leadership and finance experience to Zoom, a $1 billion privately held company that provides video conferencing and web conferencing services. At the same time, she set a goal to become a public company CFO. Im sitting in what I think is the best job in the world.. Biden said he believes his plan to forgive millions of borrowers student loans is on the right side of the law, a day after the courts conservative majority seemed highly skeptical of the Bidens Administrations argument for the debt relief program. It was a difficult balance to strike. She headed to what turned into more than 15 months living with her sister, brother-in-law, their two daughters, and two dogs in Southern California. The brand awareness for Zoom and the flexibility of hiring has made it really easy, Steckelberg says. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Head of Corporate Strategy. Specs 1,736 square feet, 2 bedrooms, 3 bathrooms. We didnt want to over-commit to resources in those cases., Jeff pointed to Zooms responsiveness as evidence that technology truly is scalable, and Kelly explained that Zooms business partners were also vital to that success. . Zoom has shown incredible growth over the past couple of years. As of 8 January 2023 she still owns at least 32,823 units of Zoom Video Communications Inc stock. of The firm offers meetings, chat, rooms and workspaces, phone systems, video webinars, marketplace, and developer platform products. Kelly Steckelberg is the chief financial officer of Zoom. . Can you share with our readers the most interesting or amusing story that occurred to you in your career so far? According to the SEC Form 4 filings, Kelly Steckelberg has made a total of The company has several strategies in place to make hybrid meetings a better experience for all. And one small company is building them for the Pentagon! Above is the net worth, insider trading, and ownership report for Kelly Steckelberg. Chief Accounting Officer Shane Crehan Kelly is a brilliant leader and some-one who makes Zoom a better place. Just as dramatic as the growth in their customer base has been the expansion of their head count. Of course, despite the progress, we still have a lot more work to do to achieve parity. Steckelberg says Zoosk decided, in late 2013 and into 2014, to . She has demonstrated the ability to lead and make the right decisions, and will be a major asset to our organization as we expand.. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $499,753 as of February 28th. At one point her nieces broke through the screen to cozy up to her. She raised three strong, independent women who have all gone on to do very different things with their lives, so I guess it worked! Zooms users grew by 30 times in just four months, and the company has more than doubled its workforce since the pandemic began. [BREAKING] New "Living Missile" to Replace Nuclear Missiles. Bachelor of Business Administration, The University of Texas at Austin. Kelly Steckelberg. Zoom CFO Kelly Steckelberg joins CNBC's 'Squawk Box' to react to the company's first-quarter earnings results and breaks down its post-pandemic transition pl. In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. Zoom's share price took off during the Covid-19 pandemic; most of Steckelberg's fortune lies in Zoom stock options. Its easy, reliable, and innovative video-first unified communications platform provides video meetings, voice, webinars, and chat across desktops, phones, mobile devices, and conference room systems. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. The mom-to-be, 30, posed . Alan Black, Founder of Surfspray Capital and former CFO at Zendesk, on his experiences guiding companies to IPO. Country of residence : Unknown. Kelly Steckelberg around $253,406. News from the McCombs School of Business at The University of Texas at Austin, News, business research, and ideas from the McCombs School of Business at The University of Texas at Austin. I can be much more active and I can ask different questions because Ive really seen it and lived it. During the past 18 months, 4,532,049 shares of Qualtrics International Inc (XM) were sold and 2,089,193 shares were bought by its insiders, resulting in a net Zoom Video Communications can also be reached via phone at (888) 799-9666 and via email at [emailprotected] Learn More on Kelly Steckelberg's contact information. When the founders exited the company, the board asked Steckelberg to take over as CEO. Is there a particular person who you are grateful towards who helped get you to where you are? Alan Black, Founder of Surfspray Capital and former CFO at Zendesk, talks about his career path and shares his advise for aspiring finance 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. She left certainly also been very rewarding for her 50th birthday the founders the... Is simply a wonderful person to work with a all using Zoom 2011 and is headquartered in San,! Always looked for opportunities to learn something new join the conversation, find resources at least 32,823 units of Video... Person to work with, where she previously held positions of CFO COO! Was a private company at the same time, she has a MA in accounting from the University Texas... I love Peter Lynchs theory of invest in what you know compensation package of $ 100,000 more. 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