Thank you so much for doing this with us! 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. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. The move to Zoom came next. Zoom has shown incredible growth over the past couple of years. She has a MA in accounting from The University of Texas at Austin. The comprehensive curriculum also prepared her for the CPA exam and gave her a leg up on the competition, she says. Can you tell us the backstory about what brought you to the Banking/Finance field? 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. A colleague at WebEx, Eric Yuan, now the founder and CEO of Zoom, sent her a message. sale Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. of 4,528,421 shares. . To learn more about how she has adapted to change throughout her career, watch the completeKelly Steckelberg Path to Becoming a CFO talk. Year 1955. 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. This has changed a lot recently. It seemed like a great opportunity to get my masters done all at one time, she says. Kelly Steckelberg brings to Zoom extensive leadership and finance experience. sale The importance of building strong teams extends to her philosophy on hiring and nurturing career growth. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. 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. All Rights Reserved. The mom-to-be, 30, posed . Learn More on Kelly Steckelberg's contact information. 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. Kelley Steckelberg, MPA '91, is the CFO of Zoom. Steckelberg says she doesnt expect us to stop Zooming. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The firm derives revenue from sales of subscriptions to access its XM Platform; research services and professional services. A Sit Down with Kelly Steckelberg, Zoom CFO. Linked companies : Zoom Video Communications, Inc. , 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. Country of residence : Unknown. My mom is amazing and had several life lesson quotes when I was growing up. Kelly Steckelberg is the chief financial officer of Zoom. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. Photo by Dustin Snipes. Pres. Kelly Steckelberg works remotely from her patio. Then you are definitely not putting yourself out there enough, because I can tell you Ive interviewed for a lot of jobs that I havent gotten. And yet look where I am. 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. I think its made me a much better CFO.. Send us a tip using our anonymous form. (Hilkemeier) Steckelberg was the daughter of Henry and Clara (Blackwell) Hilkemeier and was born on Jan. 7, 1918, in Knox County and passed away on March 4, 2015, at Heritage of Bel Air . Formerly the CEO of Zoosk and . They sold a total of 143,497 shares worth more than $14,455,749.06. Greg Tomb. Here's how Zoom's CFO managed the company's whirlwind year. GuruFocus.com is not operated by a broker or a dealer. Kelly Steckelberg is the Chief Financial Officer of Zoom Video Communications Inc. Steckelberg has been the CFO of Zoom Video Communications since November 2017, where she led the company through its successful IPO in 2019 and explosive growth in [] The 46-year-old model said men have been hesitant to openly date her. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-03-02. a net As for Steckelberg, shes already a Malibu resident. 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. Kelly Steckelberg's largest sale order was 20,000 units, worth over $6.69M on March 9, 2021. 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. Ask questions, provide your perspective, join the conversation, find resources. , 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. In March of 2020, the business world was forced to transition to remote workforces and became highly reliant on Zooms video platform. The fact is that Zooms fundamentals are very solid for a company its age and size, and that a profitable company going public is something of a rarity in the tech industry. You might contact Kelly Steckelberg via mailing address: C/o Zoom Video Communications, Inc., 55 Almaden Boulevard, 6th Floor, San Jose Ca 95113. brought How do you think that will help people? 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. The most recent insider tranaction occured on February, 9th when CFO Kelly Steckelberg sold 3,224 shares worth more than $253,406.40. of 42,077 shares made by Aparna Bawa We were just starting our fiscal year and basically, six weeks into it, the budget was out the window because it didnt make any sense anymore., Leadership quickly implemented some major operational changes in response. Kelly Steckelberg owns 26,949 shares of Zoom Video Communications Inc (ZM) as of February 9, 2023, with a value of $2 Million. In addition to her Broad Beach teardown, records indicate and she and/or her immediate family members also recently purchased two other pricey properties a $15.5 million house on Malibus even more exclusive Broad Beach, plus an $11 million oceanfront home along prestigious Malibu Road. When Steckelberg was . :-) Id want to inspire a movement that ensures every child gets an education or skills training. Few finance leaders have had to pivot as quickly and dramatically as Kelly Steckelberg, CFO at Zoom. The relationship between Kelly and Eric reinforced her belief that "the longer your career, the more you realize how important it . Without a doubt the most interesting thing thats occurred in my career thus far is being part of the team to take Zoom public. 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. Days blurred as everyone tried to make sure that all of our customers and prospects that had a need for Zoom had access to it, she says. Thats why I got to learn about hardware. Only the transactions in Open Market or Private Sale at the market prices are included. sale sale She joined the online dating company in 2012 and previously held the roles of chief operating officer and CFO. of 2,442,856 shares. They know where the candy stash is. During high-profile interviews with CNBC and other media outlets, she locks the door. PagerDuty CFO, Howard Wilson, on his non-traditional route to becoming a CFO. Learn More on Kelly Steckelberg's salary. Can you share a story about that? By April 2020, that number grew to a staggering 300 million. During the last ninety days, Kelly Steckelberg has sold $699,382.32 in shares of Zoom Video Communications stock. It serves the education, finance, government, and healthcare industries. 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. At Zoom, we sponsor a womens network, an organization that focuses on creating opportunities for women in networking, career development, and community involvement. 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. Its a lifelong experience that Ill never forget., EducationMcCombs School of Business BBA/MPA 91, Career MovesEuropean Finance Director, PeopleSoft, 19952000 Various roles, including CFO of WebEx Division, Cisco, 200611CFO, COO, and CEO, Zoosk, 201117CFO, Zoom, 2017-present, Other RolesBoard Member, Qualtrics, Audit Committee ChairBoard Member, Episcopal Community Services of San Francisco. and 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 had four years of home economics and I was also, by the way, the president of Future Homemakers of America, which is really funny if you know me because Ive obviously gone on a different trajectory in life.. Get our latest stories in the feed of your favorite networks. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. World-class advisory, implementation, and support services from industry experts and the XM Institute. Enjoy a 7-Day Free Trial Thru Mar 09, 2023! Click on the link to see the full issue. a net A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. This chart shows Kelly Steckelberg's buying and selling at Zoom Video Communications by year and by quarter. Finance chief Kelly Steckelberg said the growth was primarily driven by strength in Zoom's enterprise business. Arriving at the Forty Acres, she quickly switched majors from fashion merchandising to accounting at McCombs. Zoom is among the companies leading the charge to drive this change by making it a priority to hire people that represent the diversity of our users. Zoom's share price took off during the Covid-19 pandemic; most of Steckelberg's fortune lies in Zoom stock options. See Kelly S Steckelberg's compensation, career history, education, & memberships. Other transactions such as conversion of derivative security or exercise of options are not included. The Airbase card is issued by Sutton Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. We use interviews to draw out stories that are both empowering and actionable. . The estimated Net Worth of Kelly Steckelberg is at least $79.5 Million dollars as of 8 January 2023. Kelly Steckelberg Public Company - Large Kelly Steckelberg brings passion and integrity to everything she does. McMaster, 57, who is the Independent Director. 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. 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. Ive had the pleasure of working with Eric and several other members of Zooms leadership in the past, and am thrilled to join them in continuing the amazing success story that is Zoom. More than that, she says many of the analytical skills she learned have stayed with her. Zoom helps enterprises create elevated experiences with leading business app integrations and developer tools to create customized workflows. You learn the fastest by jumping in! This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. On average, Ms trades about 6,906 units every 20 days since 2019. Can you share how that was relevant to you in your life? Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. 9/18/2020 at 8:19 AM. Today Zoom announced that Kelly Steckelberg has joined our team as our Chief Financial Officer (CFO). As a part of my series about strong female finance leaders, I had the pleasure of interviewing Kelly Steckelberg, Chief Financial Officer of Zoom. We invest in our employees and their familys learning by paying for any books anyone in the family would like to purchase. 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. Prior to Zoom, Steckelberg was CEO of dating site Zoosk and spent two decades working in finance for companies like Cisco's Webex. Kelly Steckelberg. a net Dont ignore little responses that dont sit right with you. Kelly Steckelberg is the CFO & Treasurer at Zoom Video Communications Inc. As the CFO & Treasurer of Zoom Video Communications Inc, the total compensation of Ms Steckelberg at Zoom Video Communications Inc is $427,500. sale That I really loved. She advised prospective CFOs to always remember the broad scope of the CEOs concerns. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? Enter your email address below to get our daily insider buying and selling report. The Texas Challenge will double your scholarship endowment gift of $100,000 or more. Can you please give a story or example for each. By entering your email, you agree to our Privacy policy. Chart Data in Insider Trading History Table. 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 was like, OK, here we go. Im sitting in what I think is the best job in the world.. We had the luxury that we all lived in the technology, Steckelberg explains. Previously, 90% of our live traffic ran through servers in our own data centers. Both came from Brandleben. Really, we were watching very closely what was happening. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. (Her father was a CPA.) She set up a candy jar on her desk in her makeshift office. You are a finance insider. 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. At Zoomtopia, the companys inaugural user conference in September, we introduced significant product enhancements, including smart recording transcripts, digital signage, and augmented reality. XM Services. See publication. of 53,214 shares made by Brad R. Anderson Biography of Kelly Steckelberg. Learn More on Zoom Video Communications' active insiders. 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. Joe O'Halloran, Computer Weekly. Mother kills and COOKS pet rooster HeiHei after it pecked her daughter's face . Then they went home. Kelly has also held various roles in finance at Cisco Webex, Epiphany, and . 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. Although Zoom was a private company at the time, they went public shortly after she joined. and In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. She started in audit and then did tax work to learn something new. 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. Shes an integral part of the machine there.. sale I became a much better CFO because of it, and really learned how marketing, product, and engineering all work together. Of course, none of that could prepare her for the pandemics impact on Zoom. Its helped me as I came back into a CFO role again to understand how to think about prioritization when things like, were setting budgets so that I know, OK, if were going to invest here, this is likely what the outcome is going to be, and really having seen it and lived it in a very different way than just being more on the sidelines. 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. She has extensive leadership and finance experience, notably in many technology companies. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world. 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. Year 1955. 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. CBS News Reports: "It's an entirely new type of weapon." For six weeks, she and the rest of the staff worked every day, including weekends to keep up with customer demand for Zoom. Kelly Steckelberg is a very beautiful, talented, and respected American Businesswoman and investor. Alan Black, Founder of Surfspray Capital and former CFO at Zendesk, on his experiences guiding companies to IPO. We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. Finally, diversity needs to be demonstrated and celebrated in the workplace. Insiders at Zoom Video Communications own 11.2% of the company. Kelly's mailing address filed with the SEC is West River Park Drive, Riverbottoms, Caryhurst, Provo, Utah County, Utah, 84604, United States. Kelly Steckelberg is currently the Chief Financial Officer (CFO) at Zoom. It develops software for organizations. Less than a year later, the COVID-19 pandemic drove people to the video communications platform by the millions. sale McCombs alumna and Zoom CFO gives back to UT students. Zoom Video Communications' insider roster includes Ryan Azus (CRO), Aparna Bawa (COO), Jonathan Chadwick (Director), Shane Crehan (CAO), Carl Eschenbach (Director), Kimberly Hammonds (Director), Janine Pelosi (CMO), Velchamy Sankarlingam (Insider), Daniel Scheinman (Director), Kelly Steckelberg (CFO), Santiago Subotovsky (Director), Bart Swanson (Director), Eric Yuan (CEO), and Eric Yuan (CEO). In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. and Effie A. She had just two electives in her high school: shop or home economics. 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. At each stage in her career, she has looked for opportunities that would broaden her skill set. Last updated: 28 February 2023 at 5:22pm EST. 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. While she has been locked down like the rest of us, she has had to put aside her wanderlust. Online payments, loans, websites and so on make it easier than ever before to trial-balloon a business idea. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-02-22. Strategy September 1, 2016. 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. 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.. An important one was introducing more frequent check-ins to keep capital flowing to the right places. That was the challenge. She had to make sure the company wasnt overcommitted, or, as she says, out over our skis., Late last year, Steckelberg was named CFO of the Year by the finance news site CFO Dive. The shares subject to this option are early exercisable, subject to the Issuer's right to repurchase. One of my friends told me, Ive never interviewed for a job that I didnt get. Prior to joining Zoom in 2017, she served as CEO of Zoosk. If you had to advise your adult child about 5 non intuitive things one should do to become more financially literate, what would you say? Kelly joins Zoom at a pivotal point in our growth. of 39,739 shares made by Brian Stucki It was one of the hardest jobs Ive ever done, but it was amazing and rewarding in the end. She chose the latter. 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. At the same time, they have strived to make decisions that would be sustainable after the pandemic has calmed. During our interview, she was dressed comfortably in a Zoom hoodie with a corporate virtual background. We did as much business in six weeks as we had almost done in seven years behind us. of Engineering & Product Velchamy Sankarlingam Advice. Kelly Steckelberg Path to Becoming a CFO talk. Zoom Video Communications Chief Financial Officer (CFO), Kelly Steckelberg has had her hands full since she accepted the position in the fall of 2017. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. Traditionally, the company reviewed resource requests on a quarterly basis. 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 .
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