Veeva Could Become a Public Benefit Corporation

The transcript discusses Veeva's transition to a Public Benefit Company (PBC) to enhance customer loyalty, attract mission-driven employees, and align its legal charter with multi-stakeholder interests. It also covers the planned sunsetting of Veeva's dual class stock structure, which was initially set for a 10-year period. The life sciences industry's shift towards digital solutions during the COVID-19 pandemic is highlighted, along with Veeva's role in supporting this transition. Additionally, the success of Zoom during the pandemic and its long-term growth strategy are discussed.

What is the significance of Veeva's decision to sunset the dual class of stock?

In what ways has Veeva supported the life sciences industry during the pandemic?