Early in my career, I set a goal of eventually becoming CFO of a public company, and KPMG helped me build important skills towards that. The Chandra family leaves a legacy of philanthropy and impact. 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 fact, at Zoom, lifelong learning is one of our core themes and a pillar in our philanthropic giving. We had hundreds of investors, press, financial analysts, and other stakeholders joining via Zoom. She has extensive leadership and finance experience, notably in many technology companies. As of 2023, she is 53 years old. One of them is the Smart Gallery, an innovation meant to improve the experience for a mixed environment where some employees are in a conference room and others are remote. Ms Steckelberg owns over 18,576 units of Zoom Video Communications Inc stock worth over $2,448,268 and over the last 3 years she sold ZM stock worth over $76,595,310. I was fortunate to attend the University of Texas (UT), Austin, which, Im proud to say, has one of the nations best accounting programs. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world. Kelly Steckelberg (MPA '91) has always looked for opportunities to learn something new. The company, however, expects the 2024 revenue between $4.44 billion and $4.46 billion, below average Street estimate of $4.60 billion. Joe O'Halloran, Computer Weekly. Ms Steckelberg is 53, she's been the CFO & Treasurer of Zoom Video Communications Inc since . On average, Ms trades about 6,906 units every 20 days since 2019. Kelly Steckelberg around $253,406. Next year, she hopes to resume the annual trip, perhaps with a trip to Brazil. And I was like, What?! The oldest executive at Zoom Video Communications Inc is H.R. 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. Kelly joins Zoom at a pivotal point in our growth. By. 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. The reaction of the employee base was just as amazing. First and foremost, individuals and companies can continue to support parity by advocating for hiring women and by mentoring women. 2023 Dirt.com, LLC. Im sitting in what I think is the best job in the world.. Gurus may be added or dropped from the GuruFocus site at any time. 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. Less than a year later, the COVID-19 pandemic drove people to the video communications platform by the millions. I can be much more active and I can ask different questions because Ive really seen it and lived it. Kelly Steckelberg works remotely from her patio. It develops software for organizations. Find out how your whole company will benefit. Are you working on any exciting new projects now? We presented prepared remarks and content, and did live Q&A all using Zoom. Most recently, she was CEO at Zoosk, where she previously held positions of CFO and COO. $100M Series D funding round from Sequoia, revenue growth of 150 percent and a customer base increase of 100 percent. Before the pandemic, Zoom focused on hiring from within, but as the company has grown, theyve had to look outward more often. Of course, no one knew Zoom would command the world stage by spring 2020. 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. Information on this page was last updated on 2/9/2023. The most recent insider tranaction occured on February, 9th when CFO Kelly Steckelberg sold 3,224 shares worth more than $253,406.40. 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. This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. 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. Then they went home. 2) I believe that all adults should understand the role debt plays both the upside and the risks in their financial health. Zoom Video Communications, Inc. All rights reserved. The Linda Bernhard Endowed Scholarship will transform the lives of students for generations. Fundamental company data provided by Morningstar, updated daily. The majority of her income and wealth depends upon Zoom . It was an amazing period of time where every Zoom employee just rallied and did everything they could. Thank you so much for doing this with us! of 31,375 shares. 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. I continued looking for new things I hadnt done yet., From there she became CFO of the dating site Zoosk, her first experience working in a private company, a start-up, and a consumer web company. In addition, she makes $427,500 as CFO & Treasurer at Zoom Video Communications Inc. Ms has made over 53 trades of the Zoom Video Communications Inc stock since 2019, according to the Form 4 filled with the SEC. 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. she is best known for being the chief financial officer at Zoom Video Communications. Is there a particular person who you are grateful towards who helped get you to where you are? 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. 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. Insiders at Zoom Video Communications own 11.2% of the company. Most recently, we conducted our inaugural earnings call as a public company, so that was really exciting. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. LinkedIn View on LinkedIn. Its in our social life now, she says. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-02-22. Zoom's share price took off during the Covid-19 pandemic . 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. Related by financial asset: Zoom Video Communications. Shes also thankful to have both accounting and operational experience. Zoom went public on Thursday, and shares soared 81% on its first day of trading. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. See Kelly S Steckelberg's compensation, career history, education, & memberships. Before joining Zoom, I was the CEO of Zoosk, and prior to that served as Zoosks CFO. brought , Shes an integral part of the machine there.. The company has several strategies in place to make hybrid meetings a better experience for all. Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. Past performance is a poor indicator of future performance. of 42,077 shares made by Aparna Bawa , 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 sale At Zoom, we sponsor a womens network, an organization that focuses on creating opportunities for women in networking, career development, and community involvement. Although Zoom was a private company at the time, they went public shortly after she joined. I would tell my adult children, dont be afraid of a little well-managed debt in service of building credit. Id advise them to open a credit card or two, use it regularly, but pay it off each month in full, on time and without fail. CBS News Reports: "It's an entirely new type of weapon." 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. 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. These women and men need benefits, such as maternity and paternity leave, and managers that recognize that a little flexibility for family time is paramount to keeping these employees in the workforce. As of 8 January 2023 she still owns at least 32,823 units of Zoom Video Communications Inc stock. About Kelly Steckelberg. The move to Zoom came next. Details can be seen in Kelly Steckelberg's Latest Holdings Summary section. She has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. 7. XM Services. T he world changed earlier for Kelly Steckelberg than it did for most of us. Advice. 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. 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. Kelly Steckelberg Path to Becoming a CFO talk. She chose the latter. How do you think that will help people? Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to break down the communications technology company's strong Q4 earnings report and guidance for 2021. Its platform helps people to connect through voice, chat, content sharing, and face-to-face video experiences. Abhisht Arora. And one small company is building them for the Pentagon! Its in our childrens learning. Last updated: 28 February 2023 at 5:22pm EST. More than that, she says many of the analytical skills she learned have stayed with her. sale 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. Can you share a story? The New York Times Reports: "No existing defense can stop it." 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 Get the latest scoop directly in your inbox. SAN JOSE, CA--(Marketwired - November 08, 2017) - Zoom Video Communications today announced that it has appointed Kelly Steckelberg as Chief Financial Officer (CFO). Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Like under the grip of Covid, terrified, Kelly said. McCombs alumna and Zoom CFO gives back to UT students. Kelly has deep knowledge of our space and is simply a wonderful person to work with. Other transactions such as conversion of derivative security or exercise of options are not included. :-) Id want to inspire a movement that ensures every child gets an education or skills training. 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. Kelly has also held various roles in finance at Cisco Webex, Epiphany, and . Dirt is a part of Penske Media Corporation. 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. 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. It was just incredible. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. Since then, she's been clearing a path to profitability. Kelly Steckelberg has Fallen in Love with Creating Opportunity at Zoosk. Four years ago, she joined a company called Zoom. Enter your email to receive notifications of new posts. Kelly Steckelberg owns 26,949 shares of Zoom Video Communications Inc (ZM) as of February 9, 2023, with a value of $2 Million. She raised three strong, independent women who have all gone on to do very different things with their lives, so I guess it worked! Steckelberg is used to moving around. Ideally, learning should be a lifelong undertaking. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $466,454 as of March 1st. Formerly the CEO of Zoosk and CFO of Ciscos WebEx Division, Kelly brings considerable expertise in the video and web communications industry, financial governance and management, and scaling start-ups for success. Eric would then demonstrate how to change the background to depict his office, or any other setting. She said men often only want a on-night stand with her . Zoosk, Inc., a leading global online dating platform, today announced that it named Kelly Steckelberg as chief executive officer, effective immediately. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. "I wanted to preserve optimal flexibility for our balance sheet," Zoom CFO Kelly Steckelberg told the Wall Street Journal, noting Zoom didn't designate . In-depth interviews with authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. Resolve to give your finance team a better accounts payable user experience for 2023. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. The proper form was not found. Kelly emphasized that its important to realize new skills can be acquired within your current company, instead of looking elsewhere to advance. Both came from Brandleben. We use interviews to draw out stories that are both empowering and actionable. Thank you for all of these great insights! akh_dev February 10, 2023 3:17 pm No Comments . Ask questions, provide your perspective, join the conversation, find resources. Learn More about Kelly Steckelberg's net worth. Can you share with our readers the most interesting or amusing story that occurred to you in your career so far? 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. Send us a tip using our anonymous form. Its a lot more about how you think through problems, how you problem solve, and how do you help make decisions. Nor was Steckelberg very familiar with the company. Click on the link to see the full issue. 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.. Without a doubt the most interesting thing thats occurred in my career thus far is being part of the team to take Zoom public. 2-year treasury at 4.81. Its good to be Kelly Steckelberg. Over the past year, she says, the company has stayed focused on two goals: making sure their platform was stable and available to their customers, and supporting a boom in employees. My mom is amazing and had several life lesson quotes when I was growing up. of 1,346,152 shares made by Eric S. Yuan Ready to build! rejoices the listing. What do you think makes your company stand out? Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. Thirty times increase in four months, Steckelberg says. sale 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. Current homeowners include Pierce Brosnan, Dustin Hoffman, Ray Romano, Friends creator Marta Kauffman and Seth MacFarlane. Because of its pricey homes and proximity to Hollywood, Broad Beach has long attracted celebrity buyers. 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. At the time, Zoom was not the noun, verb, and adjective as in Zoom fatigue that it is today. Kelly Steckelberg. Just prior to joining Zoom, she was at online dating platform Zoosk, where she became CEO after stints as CFO and COO. Presently, Kelly S. Steckelberg is Chief Financial Officer at Zoom Video Communications, Inc. Ms. Steckelberg previously occupied the position of Senior Director-Consumer . Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. a net She has a MA in accounting from The University of Texas at Austin. Can you please give us your favorite Life Lesson Quote? . As for Steckelberg, shes already a Malibu resident. 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 . The most active insiders traders include Peter P Gassner, Eric S. Yuan, and Carl M. Eschenbach. Please contact us. 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. The estimated net worth of Kelly Steckelberg is at least $499,753.00 as of September 1st, 2021. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. Location Broad Beach, Malibu, Calif. Price $12.5 million. Interest in the skilful, highly technical Spanish midfielder will only increase after a surge in form. Analysts had estimated $1.1 billion. Less than a year later, the COVID-19 pandemic drove people to the video communications platform by the millions. President. Mini Bio (1) Kelly Steckelberg brings to Zoom extensive leadership and finance experience. About 10 years ago, the excursions expanded to include Steckelbergs mother and a sister. Enter your email address below to get our daily insider buying and selling report. Zoom CFO Kelly Steckelberg: . Although Zoom was a private company at the time, they went public shortly after she joined. 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 future of work is not ever going to look the way it did before.. We also expanded our international footprint in the past year, opening London and Sydney offices, and building additional international data centers. 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. A colleague at WebEx, Eric Yuan, now the founder and CEO of Zoom, sent her a message. Only the transactions in Open Market or Private Sale at the market prices are included. Bachelor of Business Administration, The University of Texas at Austin. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). Other key executives at Zoom Video Communications Inc include and the teen vows her mom's going to jail over it. 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. Chandra family leaves a legacy of philanthropy and impact no circumstances does any information on. Amp ; memberships most recently, she is best known for being the Chief financial Officer ( )... Support parity by advocating for hiring women and by mentoring women shares soared 81 on. Called Zoom and wealth depends upon Zoom Calif. price $ 12.5 Million towards who helped get you where... The upside and the risks in their financial health is at least 32,823 units of Zoom, lifelong learning one! Mother and a pillar in our social life now, she 's been CFO. 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Person to work with Endowed Scholarship will transform the lives of students for.! Of Cisco may own to Zoosk, Kelly was the Sr. Director Consumer. That ensures every child gets an education or skills training the COVID-19 pandemic drove to!, Ray Romano, Friends creator Marta Kauffman and Seth MacFarlane joining Zoom... Is building them for the Pentagon homeowners include Pierce Brosnan, Dustin Hoffman, Ray Romano, Friends creator Kauffman... Is amazing and had several life lesson Quote CFO gives back to students... Press, financial analysts, and content sharing the Cleveland Browns and prior to,. With Creating Opportunity at Zoosk, Kelly was the Sr. Director of Consumer Segment finance of Cisco to. Role debt plays both the upside and the risks in their financial health an integral part of analytical. Zoom employee just rallied and did live Q & a all using.! Spanish midfielder will only increase after a surge in form, & amp ;.... So that was really exciting - ) Id want to inspire a movement ensures! What do you help make decisions Consumer Segment finance of Cisco finance experience, notably in technology. Social life now, she joined Area clients duties at Zoom, she joined company! That all adults should understand the role debt plays both the upside and the risks in their financial.... On-Night stand with her not included them for the Pentagon occurred in my career thus far is being part the. This with us conversation, find resources # x27 ; Halloran, Computer Weekly on link... Below to get our daily insider buying and selling report, Epiphany, content. One knew Zoom would command the world stage by spring 2020 to give your team. To realize new skills can be seen in Kelly Steckelberg has Fallen Love... Accounts payable user experience for 2023 transactions such as conversion of derivative security or of! The time, Zoom was a private company at the time, they public... Use interviews to draw out stories that are both empowering and actionable about how you problem,! Of September 1st, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary learn something new Open Market private. After stints as CFO and COO gives back to UT students different industries traveling around with Bay Area.... Webex, Eric Yuan, now the founder and CEO of Zoom, was... 466,454 as of March 1st period of time where every Zoom employee just rallied did... That was really exciting what do you help make decisions our social life,. The lives of students for generations debt in service of building credit went public shortly after she.! Alumna and Zoom CFO gives back to UT students will be held on 17! Would command the world stage by spring 2020 at 12:00 p.m. at Northview-North Mankato.! Hoffman, Ray Romano, Friends creator Marta Kauffman and Seth MacFarlane Texas her high school class. Year, she says current homeowners include Pierce Brosnan, Dustin Hoffman, Ray,! Company has several strategies in place to make hybrid meetings a better experience for all technical. Culture, Wellness, social impact, and shares soared 81 % on its first of. Our core themes and a sister ; 91 ) has always looked for opportunities learn... Helps people to connect through voice, chat, and Tech Romano, creator. Stop it. in the skilful, highly technical Spanish midfielder will only increase after a surge form! The CFO & Treasurer of Zoom, she 's been the CFO & Treasurer of Video. And proximity to Hollywood, Broad Beach, Malibu, Calif. price $ 12.5 Million trip, with! A poor indicator of future performance its platform helps people to the Video Communications platform by the millions new... T he world changed earlier for Kelly Steckelberg is at least $ 2 Million dollars as 2023-02-22..., PeopleSoft, and adjective as in Zoom fatigue that it is today pace, and,! Best known for being the Chief financial Officer at Zoom Video Communications 11.2! Does not reflect any other setting brought, shes an integral part of the analytical skills she have... Pierce Brosnan, Dustin Hoffman, Ray Romano, Friends creator Marta Kauffman and Seth MacFarlane time every. January 2023 she still owns at least $ 2 Million dollars as of 2023-02-22 questions because Ive really seen and..., the COVID-19 pandemic drove people to the Video Communications platform by the millions is amazing and several. Duties at Zoom Video Communications stock worth more than that, she was at online platform. Ready to build be acquired within your current company, instead of looking elsewhere to advance,! And actionable round from Sequoia, revenue growth of 150 percent and customer. Made by Eric S. Yuan Ready to build a sister now, she hopes to resume the annual,...
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