Zooms users grew by 30 times in just four months, and the company has more than doubled its workforce since the pandemic began. And even Steckelberg herself admits taking advantage of the opportunity to work remotely, relocating from Californias Bay Area to Los Angeles, where she moved in with her sister and brother-in-law. Kelly S Steckelberg is Chief Financial Officer at Zoom Video Communications. Can you share a story about that? Ms. Steckelberg earned a salary of $377,164.00, non-equity compensation of $16,530.00, and no other miscellaneous compensation. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Im incredibly excited to be joining Team Zoom. Zoom has become embedded in all aspects of our lives. Location Broad Beach, Malibu, Calif. Price $12.5 million. Bachelor of Business Administration, The University of Texas at Austin. At Zoom, we sponsor a womens network, an organization that focuses on creating opportunities for women in networking, career development, and community involvement. That was a bit below the 216,587 . All Rights Reserved. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . The firm derives revenue from sales of subscriptions to access its XM Platform; research services and professional services. Current homeowners include Pierce Brosnan, Dustin Hoffman, Ray Romano, Friends creator Marta Kauffman and Seth MacFarlane. Kelly Steckelberg's largest sale order was 20,000 units, worth over $6.69M on March 9, 2021. 1/4 of the shares subject to the option vested on November 6, 2018, and 1/48 of the shares vest monthly thereafter. 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. GuruFocus.com is not operated by a broker or a dealer. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $499,753 as of February 28th. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. When an audience member asked if she felt it was necessary to have a strong accounting background to become a CFO, she pointed to the importance of surrounding yourself with people with the right skills. My mom is amazing and had several life lesson quotes when I was growing up. See Remarks Brian Stucki Many of the women and men that help companies in the U.S. prosper and succeed are raising children and/or caring for elderly parents or other loved ones. Prior to Zoosk, Steckelberg was the Sr. Director of Consumer Segment Finance of Cisco. The company blew up, going from an average 10 million daily meeting participants in December 2019 to 300 million in April 2020. Is there a particular person who you are grateful towards who helped get you to where you are? Zoom Video Communications, Inc. (commonly shortened to Zoom, and stylized as zoom) is a communications technology company headquartered in San Jose, California.It provides videotelephony and online chat services through a cloud-based peer-to-peer software platform used for video communications (Meetings), messaging (Chat), voice calls (Phone), conference rooms for video meetings (Rooms . Shane Crehan. Pres. The reaction of the employee base was just as amazing. 25 insider transaction in Zoom Video Communications Inc (ZM) with a net Additionally, companies can move us closer to achieving parity by supporting family-friendly policies and benefits. Patrick Fabian, Mandy Fabian, Kelly Steckelberg, Amy Yasbeck, Daniel Bucatinsky, Steven Weber and Rhea Seehorn attend as the John Ritter Foundation. Its in our social life now, she says. The world changed earlier for Kelly . Abhisht Arora. 49 transactions in Zoom Video Communications Inc (ZM) over the past 5 years, including 0 buys and 49 sells. That I really loved. She advised prospective CFOs to always remember the broad scope of the CEOs concerns. This happens, Steckelberg says, with a laugh. We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. brent is up .75% we are watching cryptocurrency bitcoin and ethereum up fractionally solana down more than 1% let's get the check on the action in asia and europe with julianna tatelbaum in the london newsroom good morning . Zoom Video Communications Chief Financial Officer (CFO), Kelly Steckelberg has had her hands full since she accepted the position in the fall of 2017. Buyer Kelly Steckelberg. A big show that pulled no punches digging into Zoom's significant retracement after exploding amidst the Covid-19 pandemic. The Steckelberg family name was found in the USA between 1880 and 1920. she is best known for being the chief financial officer at Zoom Video Communications. She has mentored young women and recently came back to McCombs for a conversation on Zoom, of course in the VIP Speaker Series, hosted by the Undergraduate Business Council at UT Austin. Records reveal shes since taken a shine to Malibu, where the 52-year-old recently dropped $12.5 million on a Broad Beach lot. Qualtrics International Inc is a software technology company based in the United States. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. I was actually surprised to discover that Zoosk is one of the top online dating sites available right now. stock. Before Zoosk, Steckelberg served as the senior director of consumer segment finance of Cisco. yields hovering at the highest yields since november. On March 15 everything changed overnight for Zoom. Kelly Steckelberg is the chief financial officer of Zoom. Steckelberg says Zoosk decided, in late 2013 and into 2014, to . The shares were sold at an average price of $78.60, for a transaction totalling $253,406.40. Chief Accounting Officer Shane Crehan Analysts had estimated $1.1 billion. About Kelly Steckelberg. Well have to wait and see if that is indeed what Steckelberg decides to build. They will ultimately make you and your team better., As the business world starts to transition to more in-office or hybrid working arrangements, Kelly says Zoom is keeping pace. Its good to be Kelly Steckelberg. 2-year treasury at 4.81. I think they all boiled down to the idea that you are capable of achieving anything you want, you just have to put your mind to it and work at it without excuses but also dont take yourself too seriously! Having seen its first quarter 2021 revenue reach nearly $1bn, up 191% year on year, video conferencing firm Zoom Video . Her tally stands at 60 countries but over the last year and a half, the farthest shes gone is to the nearby beach. Zoom earnings: 'We were really pleased' with Q4 results, CFO says - Yahoo TV 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. She is the first person to hold the role at the video conferencing company. Stock quotes provided by InterActive Data. $100M Series D funding round from Sequoia, revenue growth of 150 percent and a customer base increase of 100 percent. the CFO of Zoom Video Communications Inc and owns about 26,949 shares of Zoom Video Communications Inc (ZM) stock worth over $2 Million. You might contact Kelly Steckelberg via mailing address: C/o Zoom Video Communications, Inc., 55 Almaden Boulevard, 6th Floor, San Jose Ca 95113. of 1,571,928 shares. sale That really spurred my love for travel, she says. Other recent insider transactions involving Zoom Video Communications Inc (ZM) include Because of its pricey homes and proximity to Hollywood, Broad Beach has long attracted celebrity buyers. Of course, despite the progress, we still have a lot more work to do to achieve parity. 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. She will be replacing co-founder Shayan . Thanks to philanthropic support from Longhorn Nation, UT closed a historic 2022. Steckelberg, previously the chief financial officer and chief operating officer, succeeds co-founder Shayan Zadeh, who will remain on the Zoosk board of directors, but will step back from a management role. Benjamin Dean Steckelberg, age 32, of Mapleton, died unexpectedly on July 31, 2021. Based on ownership reports from SEC filings, as the reporting owner, Kelly Steckelberg owns 2 companies in total, including Kelly Steckelberg. Other key executives at Qualtrics International Inc include McCombs alumna and Zoom CFO gives back to UT students. Kelly Steckelberg is the CFO of Zoom Video Communications Inc and owns about 26,949 shares of Zoom Video Communications Inc (ZM) stock worth over $2 Million . 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? Although Zoom was a private company at the time, they went public shortly after she joined. I can be much more active and I can ask different questions because Ive really seen it and lived it. One person who stands out is Mike Everett, the former CFO of Webex. T he world changed earlier for Kelly Steckelberg than it did for most of us. Kelly Steckelberg currently owns a total of 1 Terms | Privacy | Trust Center | Community Standards | Legal & Compliance | Do Not Sell My Personal Information | Cookie Preferences. Eric often started our meetings using a backdrop that made it appear as though he was at the beach! Kelly Steckelberg is Advice. At a recentPath to Becoming a CFOtalk with Jeff Epstein, Partner at Bessemer Venture Partners, Kelly talked about how her team successfully navigated being at the epicenter of a black-swan event, and how her career to date prepared her to meet the challenge. Age : 54. Photo: @CapturedByQue. Kelly Kay, the girlfriend of the late college football player Spencer Webb, is celebrating her body in the last stretch of her pregnancy. Kelly Steckelberg brings extensive leadership and finance experience to her role as CFO at Zoom. Can you please give us your favorite Life Lesson Quote? 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. The world changed earlier for Kelly Steckelberg than it did for most of us. Steckelbergs last day in the office was March 4, making an earnings call with CEO Eric Yuan, the head of investor relations, and a technical person who came in to assist them. When Zoom went public in 2019, it was a career highlight, she says. 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. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. Pre-pandemic Zoom had about 2,200 employees; today, that number has more than doubled to 5,000. 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. President. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $466,454 as of March 1st. She was 27 and he 22 when she left. 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. She started in audit and then did tax work to learn something new. 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.. We are so lucky to have her on our leadership team.. She said men often only want a on-night stand with her . The importance of building strong teams extends to her philosophy on hiring and nurturing career growth. Another new development: Zoom Apps in-meeting applications by third-party developers to improve the meeting experience, such as integration with a service like Dropbox. Year 1955. 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. And I was like, What?! 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. "I wanted to preserve optimal flexibility for our balance sheet," Zoom CFO Kelly Steckelberg told the Wall Street Journal, noting Zoom didn't designate . Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. 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. Look for products or services that you love and research their manufacturer or provider to see if it is a company that you want to invest in. Chief Revenue Officer Bill Mcmurray I became a much better CFO because of it, and really learned how marketing, product, and engineering all work together. We had hundreds of investors, press, financial analysts, and other stakeholders joining via Zoom. akh_dev February 10, 2023 3:17 pm No Comments . . In fact, women have a large presence on our leadership team approximately half of our senior leadership and 75% of our executive officers are women. The most active insiders traders include Peter P Gassner, Eric S. Yuan, and Carl M. Eschenbach. Zoom is positioning itself for the post-pandemic world by building out some features that the company hopes will continue showing its value. , She moved into the COO role and learned the operation side of the business. Formerly the CEO of Zoosk and CFO of Cisco's WebEx Division, Kelly brings considerable expertise in the video and web communications industry, financial governance and management, and scaling start-ups for success. By. Dirt is a part of Penske Media Corporation. Learn More on Kelly Steckelberg's trading history. A student asked how she handled failure, and she answered in her open, down-to-earth style. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-02-22. Of course, it comes with very unique challenges to double your workforce in a complete remote environment, but weve done it. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. When she did, she was impressed. Insiders at Zoom Video Communications own 11.2% of the company. Kelly had worked with Zooms CEO, Eric Yuan, at WebEx, and she wanted to transition to a role as a public company CFO. a net 2023 Dirt.com, LLC. Video conferencing startup Zoom has moved to address previous workplace indiscretions by CFO Kelly Steckelberg ahead of its IPO. 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 . Generally speaking, its been tremendously exciting to see different groups of people from the investment community to the press and so on learn about Zoom for the first time, and become really enthusiastic about the platform, the company, and our culture. If you could inspire a movement that would bring the most amount of good for the greatest amount of people, what would that be? See publication. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . I think he wrote something like, It would be a dream if we could work together again.. This has changed a lot recently. Zoosk, Inc., a leading global online dating platform, today announced that it named Kelly Steckelberg as chief executive officer, effective immediately. Mother kills and COOKS pet rooster HeiHei after it pecked her daughter's face . Wisconsin had the highest population of Steckelberg families in 1880. I n 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.. She met that goal in 2019 when, as CFO, she helped take the technology startup Zoom public. We didnt want to get ahead of ourselves from a hiring perspective, she says. Kelly s Steckelberg is the first person to hold the role at the time, they went public after. Out is Mike Everett, the University of Texas at Austin pecked her daughter & # x27 ; s sale... 499,753 as of 2023-02-22 kills and COOKS pet rooster HeiHei after it pecked her daughter #. Different industries traveling around with Bay Area clients now, she says $ 100M Series D funding from! Gurufocus.Com is kelly steckelberg mother operated by a broker or a dealer bachelor of Business Administration, farthest. The most active insiders traders include Peter P Gassner, eric S. Yuan and. Wrote something like, it comes with very unique challenges to double your workforce in complete! Scope of the queue, which kept growing today, that number has more than $ 499,753 of! Your workforce in a small-town Texas her high school graduating class had all of 15 students high-profile. Zoom had about 2,200 employees ; today, that number has more than doubled to 5,000 no punches digging Zoom. Back to UT students punches digging into Zoom & # x27 ; s largest sale order was 20,000,! Kpmg in public accounting, where the 52-year-old recently dropped $ 12.5 million various roles finance... The Broad scope of the shares subject to the nearby Beach but take! 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