The majority of her income and wealth depends upon Zoom . This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. Steckelberg says Zoosk decided, in late 2013 and into 2014, to . Less than a year later, the COVID-19 pandemic drove people to the video communications platform by the millions. 1,736 square feet, 2 bedrooms, 3 bathrooms, Refined Estate in the Hills Sells to Fayed Family Member, Rob Lowes Son John Owen Scores LA Home With Big Views, Mark Wahlbergs $55 Million Mansion Sold to Buyer of Heather Dubrows Newport Chateau, Filmmaker Marc Forster Relists Iconic Richard Neutra-Designed House, Michael Milken's Son Asks $64 Million for Longtime Palisades Home, Michael Milkens Son Asks $64 Million for Longtime Palisades Home, New York Hedge Funder Lands Classic Santa Monica Home. Choose a handful of stocks, or a mutual fund, then track how it performs if you were to invest a set amount of money each month over a year or more. Zoom Video Communications, Inc. All rights reserved. After I left KPMG, I gravitated toward tech and spent more than a decade in various financial roles with tech companies, including PeopleSoft, Epiphany, Webex, and Cisco (which acquired Webex). Most recently, she was CEO at Zoosk, where she previously held positions of CFO and COO. During the last ninety days, Kelly Steckelberg has sold $699,382.32 in shares of Zoom Video Communications stock. Kelly Steckelberg. 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. Somehow a topless photo of 16-year-old Claudia Conway ended up on her mom, Kellyanne Conway 's Twitter page . Click here to see the complete history of Kelly Steckelbergs form 4 insider trades. 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. Advice. We are so lucky to have her on our leadership team.. She has an adept ability to make tough decisions and lead by example. 4) I love Peter Lynchs theory of invest in what you know. Before joining Zoom, I was the CEO of Zoosk, and prior to that served as Zoosks CFO. Now as cases of COVID-19 recede, at least in the U.S., and workers begin coming back to the office, how will that impact the companys fortunes? It's good to be Kelly Steckelberg. The most recent insider tranaction occured on February, 9th when CFO Kelly Steckelberg sold 3,224 shares worth more than $253,406.40. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. She set up a candy jar on her desk in her makeshift office. in accounting from The University of Texas, Austin. sale General Manager, Online Business. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. Kelly joins Zoom at a pivotal point in our growth. Zoom Video Communications provides a communications platform that connects people through video, voice, chat, and content sharing. Kelly Steckelberg brings extensive leadership and finance experience to her role as CFO at Zoom. Im incredibly excited to be joining Team Zoom. Im sitting in what I think is the best job in the world.. 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. Past performance is a poor indicator of future performance. of Engineering & Product Velchamy Sankarlingam 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. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. Kelly Steckelberg has been chief financial officer of work-from-home staple Zoom Video Communications since 2017. Get notified the next time Kelly Steckelberg buys or sells Zoom Video Communications stock. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. This article appeared in the summer 2021 issue of McCombs magazine. At the same time, they have strived to make decisions that would be sustainable after the pandemic has calmed. 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.. By entering your email, you agree to our Privacy policy. 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. Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. Both came from Brandleben. Since then, she's been clearing a path to profitability. All Rights Reserved. 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. Its good to be Kelly Steckelberg. Shane Crehan. And dont be afraid to hire someone smarter than you. It develops software for organizations. Enter your email address below to get our daily insider buying and selling report. of 42,077 shares made by Aparna Bawa And I was like, What?! PagerDuty CFO, Howard Wilson, on his non-traditional route to becoming a CFO. We also give to organizations focused on bettering educational opportunities, such as Teach for America and Strikes for Kids. 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 estimated Net Worth of Kelly Steckelberg is at least $79.5 Million dollars as of 8 January 2023. The company recognized the need to invest in sales people and engineers for the long term, but, Kelly said, Where we wanted to be thoughtful was with regards to things that could be addressed later with automation. 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. 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. Of course, it comes with very unique challenges to double your workforce in a complete remote environment, but weve done it. The New York Times Reports: "No existing defense can stop it." 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. The company was founded by Eric S. Yuan in 2011 and is headquartered in San Jose, CA. 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. It has also given organizations an impetus to ensure the diversity of the workforce more closely mirrors that of society and its customer base. An important one was introducing more frequent check-ins to keep capital flowing to the right places. We had hundreds of investors, press, financial analysts, and other stakeholders joining via Zoom. 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. Alan Black, Founder of Surfspray Capital and former CFO at Zendesk, on his experiences guiding companies to IPO. Mini Bio (1) Kelly Steckelberg brings to Zoom extensive leadership and finance experience. I learned about consumers. Ask questions, provide your perspective, join the conversation, find resources. Over time, what youre going to see is Zoom continues to evolve to be a platform where you spend your workday, she says. A student asked how she handled failure, and she answered in her open, down-to-earth style. At the same time, she set a goal to become a public company CFO. Public asset : 2,382,418 USD. 1. At Zoom, we sponsor a womens network, an organization that focuses on creating opportunities for women in networking, career development, and community involvement. 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. Learn More on Zoom Video Communications' active insiders. Shes an integral part of the machine there.. Kelly Steckelberg. Kelley Steckelberg, MPA '91, is the CFO of Zoom. She said men often only want a on-night stand with her . What do you think makes your company stand out? No one could have predicted the small communication company would see a growth of more than 355 percent in two quarters throughout the pandemic.. Steckelberg had worked with Zoom CEO Eric Yuan at WebEx, another video conferencing company in the . We use interviews to draw out stories that are both empowering and actionable. 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. A California parole board voted to release Sirhan from his life sentence two years ago, but Gov. In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. For six weeks, she and the rest of the staff worked every day, including weekends to keep up with customer demand for Zoom. Zoom earnings: 'We were really pleased' with Q4 results, CFO says - Yahoo TV Join to connect with other finance professionals building great companies. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $466,454 as of March 1st. We also expanded our international footprint in the past year, opening London and Sydney offices, and building additional international data centers. 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. Prior to Zoosk, Steckelberg was the Sr. Director of Consumer Segment Finance of Cisco. She has extensive leadership and finance experience, notably in many technology companies. As the CFO of Zoom Video Communications, Inc., Ms. Steckelberg earned a total compensation package of $393,694.00 in 2022. kelly steckelberg mother. of 150,120. 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. She will be replacing co-founder Shayan . Eric often started our meetings using a backdrop that made it appear as though he was at the beach! 3,224 shares on February 9, 2023, which Public asset : 2,382,418 USD. We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. See Remarks De'porres Brightful I was fortunate to attend the University of Texas (UT), Austin, which, Im proud to say, has one of the nations best accounting programs. 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. Hints and clues to help you with today's Wordle. 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. Zoom Video Communications Chief Financial Officer (CFO), Kelly Steckelberg has had her hands full since she accepted the position in the fall of 2017. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. Prior to joining Zoom in 2017, she served as CEO of Zoosk. I was accepted into its PPA program which earns you a bachelors and masters degree. 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. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. , 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. The estimated net worth of Kelly Steckelberg is at least $499,753.00 as of September 1st, 2021. Kelly had worked with Zoom's 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. Wisconsin had the highest population of Steckelberg families in 1880. The oldest executive at Zoom Video Communications Inc is H.R. The relationship between Kelly and Eric reinforced her belief that "the longer your career, the more you realize how important it . Kelly Steckelberg around $253,406. Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance of Cisco. and Resolve to give your team a better accounts payable software user experience in 2023. . Kelly Steckelberg made of 1,346,152 shares made by Eric S. Yuan Can you please give a story or example for each. 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