Without a doubt the most interesting thing thats occurred in my career thus far is being part of the team to take Zoom public. Steckelberg is generous with her time. A student asked how she handled failure, and she answered in her open, down-to-earth style. She has an adept ability to make tough decisions and lead by example. Kelly's mailing address filed with the SEC is West River Park Drive, Riverbottoms, Caryhurst, Provo, Utah County, Utah, 84604, United States. , Can you share how that was relevant to you in your life? A Sit Down with Kelly Steckelberg, Zoom CFO. What added to the challenge from a finance perspective was that Zooms fiscal year ends in January. By. Buyer Kelly Steckelberg. Online payments, loans, websites and so on make it easier than ever before to trial-balloon a business idea. If Steckelberg was going to be spending the year isolated and working screen-to-screen with her colleagues, she knew she would relish time with her nieces, ages 8 and 10. Kelly Steckelberg. Her tally stands at 60 countries but over the last year and a half, the farthest shes gone is to the nearby beach. Everything. Kelly brings to Zoom extensive leadership and finance experience. That I really loved. She advised prospective CFOs to always remember the broad scope of the CEOs concerns. Please contact us. 1 10-year treasury at 3.91 also eyeing energy $76 a barrel for wti crude is up 1% w wti crude. As of 8 January 2023 she still owns at least 32,823 units of Zoom Video Communications Inc stock. Zooms users grew by 30 times in just four months, and the company has more than doubled its workforce since the pandemic began. 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 . 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 . I look forward to leveraging the building blocks their financial organization has put in place to take it to the next level and to help Zoom thrive in its rapid expansion, said Kelly. She was born in the year of 1968. Over time, what youre going to see is Zoom continues to evolve to be a platform where you spend your workday, she says. The world changed earlier for Kelly Steckelberg than it did for most of us. Oded Gal. . Spanning more than a third of an acre, the narrow and deep lot sits on the deepest, sandiest section of Broad Beach, per the listing. Join to connect with other finance professionals building great companies. of 1,346,152 shares made by Eric S. Yuan Even watching, I dont think we could have predicted how quickly it accelerated. Traditionally, the company reviewed resource requests on a quarterly basis. She started in audit and then did tax work to learn something new. That was when many Americans started working from home, and Zoom was on its way to becoming a household name. When she did, she was impressed. of 39,739 shares made by Brian Stucki An opportunity to learn something new. I agreed to move to the Amsterdam sight unseen.. Kelley Steckelberg, MPA '91, is the CFO of Zoom. I think they all boiled down to the idea that you are capable of achieving . 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. Kelly Steckelberg took the dating company's top job in December 2014. By Todd Savage | Photograph by Dustin Snipes. The firm derives revenue from sales of subscriptions to access its XM Platform; research services and professional services. On March 15 everything changed overnight for Zoom.. of 68,487 shares made by Robert W Bachman After graduating from UT, I spent several years at KPMG, where I had the opportunity to gain great exposure to a wide variety of companies and industries. She met that goal in 2019 when, as CFO, she helped take the technology startup Zoom public. This was about 44% of all the recorded Steckelberg's in USA. Following the call, we received great feedback from participants that using Zoom made it the call more engaging and we have had inquiries from other companies who now want to use Zoom as well! Here's how Zoom's CFO managed the company's whirlwind year. With the help of the stalled travel industry, Zoom's full-year revenue quadrupled in 2020 from 2019. 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. We had the luxury that we all lived in the technology, Steckelberg explains. Its not just where you come together to meet, but its also where you do your work and especially continue to collaborate with colleagues or with friends and family., After a year like no other, Steckelberg hasnt visited Brazil yet, but her role at Zoom has taken her to places few people have been. Zoom Video Communications Inc (ZM)'s detailed insider trading history can be found in Insider Trading Tracker table. 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. Smart Business Magazine - Insight. Chief Financial Officer. Other transactions such as conversion of derivative security or exercise of options are not included. Zoom Video Communications Inc (ZM) And dont be afraid to hire someone smarter than you. University Development Office 2022 | The University of Texas at Austin. That really spurred my love for travel, she says. Somehow a topless photo of 16-year-old Claudia Conway ended up on her mom, Kellyanne Conway 's Twitter page . Steckelberg holds an M.A. Still, Steckelberg calls her Zoom gig the best job in the world, and its certainly also been very rewarding for her pocketbook. The company had about 213,000 enterprise customers at the end of the quarter, an increase of 12% from a year earlier. sale Past performance is a poor indicator of future performance. This net worth approximation does not reflect any other investments that Ms. Steckelberg may own. 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. They came to say hi. About Kelly Steckelberg. Buyer Kelly Steckelberg. , 2004-2023 GuruFocus.com, LLC. 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. and Location Broad Beach, Malibu, Calif. Price $12.5 million. Mini Bio (1) Kelly Steckelberg brings to Zoom extensive leadership and finance experience. Funeral Service will be held on August 17, 2021 at 12:00 p.m. at Northview-North Mankato Mortuary. Most recently, she was CEO of Zoosk, where she previously held positions of CFO and COO. See publication. She had just two electives in her high school: shop or home economics. Alan Black, Founder of Surfspray Capital and former CFO at Zendesk, talks about his career path and shares his advise for aspiring finance leaders. 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. Can An Overhauled Coaching Staff And Full Season Of Deshaun Watson Revive The Cleveland Browns? 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. Steckelberg says she doesnt expect us to stop Zooming. The importance of building strong teams extends to her philosophy on hiring and nurturing career growth. of 42,077 shares made by Aparna Bawa Public asset : 2,382,418 USD. You are a person of great influence. Qualtrics International Inc is a software technology company based in the United States. Head of Corporate Strategy. -. Kelly Steckelberg is currently the Chief Financial Officer (CFO) at Zoom. She set up a candy jar on her desk in her makeshift office. 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. Not only did Steckelberg meet her original goal, but she was recognized worldwide as a business leader, ending 2020 by being named as CFO Dives CFO of the year and Forbes Public Company CFO of the Year. brought Kelly has also held various roles in finance at Cisco Webex, Epiphany, PeopleSoft, and KPMG. 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. Its in our childrens learning. An Emma Steckelberg also emigrated and arrived in NewYork, but I cannot see anything more through the payment barrier. Kelly Steckelberg brings extensive leadership and finance experience to her role as CFO at Zoom. 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. When the founders exited the company, the board asked Steckelberg to take over as CEO. sale Kelly Steckelberg made Public asset : 2,382,418 USD. It was a difficult balance to strike. Nick Chong. As of 2023, she is 53 years old. We had to adjust to all being remote, but the technology itself obviously was something we were all using every day for every meeting. Are you working on any exciting new projects now? First and foremost, individuals and companies can continue to support parity by advocating for hiring women and by mentoring women. Shane Crehan. (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 . Zoom Video Communications, Inc. (NASDAQ:ZM - Get Rating) CFO Kelly Steckelberg sold 3,224 shares of the stock in a transaction that occurred on Wednesday, January 25th. 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 has Fallen in Love with Creating Opportunity at Zoosk. 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. Ms. Steckelberg owns 6,700 shares of Zoom Video Communications stock worth more than $466,454 as of March 1st. It was one of the hardest jobs Ive ever done, but it was amazing and rewarding in the end. Wisconsin had the highest population of Steckelberg families in 1880. 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.. 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. Kelly Steckelberg has traded $5.3million of her shares and company Director Santiago Subotovksy has made $16 . Even watching, I dont think we could have predicted how quickly it accelerated. Previously, 90% of our live traffic ran through servers in our own data centers. By April 2020, that number grew to a staggering 300 million. Zoom's share price took off during the Covid-19 pandemic . She is the first person to hold the role at the video conferencing company. Formerly the CEO of Zoosk and . The mom-to-be, 30, posed . Learn More on Kelly Steckelberg's trading history. 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 skillfully climbed the corporate ranks, rising from a financial controller role at WebEx to a brief stint as CEO of dating app Zoosk. Zoom, which was founded in 2011 and is headquartered in San Jose, California, serves companies of all sizes from all industries around the world. Joe O'Halloran, Computer Weekly. Yuan today is pleased he brought her on board. Resolve to give your finance team a better accounts payable user experience for 2023. Visitation . Of course, none of that could prepare her for the pandemics impact on Zoom. 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. My mom is amazing and had several life lesson quotes when I was growing up. Prior to Zoosk, Kelly was the Sr. Director of Consumer Segment Finance at Cisco. Nor was Steckelberg very familiar with the company. "I wanted to preserve optimal flexibility for our balance sheet," Zoom CFO Kelly Steckelberg told the Wall Street Journal, noting Zoom didn't designate . 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. 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. We were watching very closely what was happening. I think he wrote something like, It would be a dream if we could work together again.. Mapleton - Benjamin Dean Steckelberg, age 32, of Mapleton, died unexpectedly on July 31, 2021. In addition, she makes $393,694 as Chief Marketing Officer at Zoom Video Communications Inc. Details can be seen in Kelly Steckelberg's Latest Holdings Summary section. Chief Information Security Officer. 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. I was like, OK, here we go. Kelly Steckelberg (MPA '91) has always looked for opportunities to learn something new. We want to hear from you! According to Forbes, shes now one of Americas richest self-made women, boasting an estimated net worth of $415 million. At the time, Zoom was not the noun, verb, and adjective as in Zoom fatigue that it is today. Learn More about Kelly Steckelberg's net worth. Records reveal shes since taken a shine to Malibu, where the 52-year-old recently dropped $12.5 million on a Broad Beach lot. 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. Last updated: 28 February 2023 at 5:22pm EST. All Rights Reserved. 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. This chart shows Kelly Steckelberg's buying and selling at Zoom Video Communications by year and by quarter. As Chief Financial Officer at Zoom Video Communications, Inc., Kelly Steckelberg made $393,694 in total compensation. Kelly Steckelberg is One of my friends told me, Ive never interviewed for a job that I didnt get. Then the pandemic hit. World-class advisory, implementation, and support services from industry experts and the XM Institute. Our customers need support. She went on to hold roles at PeopleSoft, Epiphany, WebEx, and Cisco. 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. Her first job was with KPMG in public accounting, where she gained exposure to different industries traveling around with Bay Area clients. In-depth Interviews with Authorities in Business, Pop Culture, Wellness, Social Impact, and Tech. 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 . The comprehensive curriculum also prepared her for the CPA exam and gave her a leg up on the competition, she says. 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. 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. a net You never know what your idea can trigger. Age : 54. Specs 1,736 square feet, 2 bedrooms, 3 bathrooms. The estimated net worth of Kelly Steckelberg is at least $2 Million dollars as of 2023-03-02. Information on this page was last updated on 2/9/2023. of 31,375 shares. Can you tell us the backstory about what brought you to the Banking/Finance field? We did as much business in six weeks as we had almost done in seven years behind us. This has changed a lot recently. . sale sale 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. 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. a net 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. The experience she gained as CEO gave her a fresh perspective on the CFO role. Both came from Brandleben. Kelly Steckelberg around $253,406. February 27, 2023 - 16:16 GMT Ahad Sanwari Kelly Ripa opened up about how her youngest son Joaquin's big birthday weekend received a spoiler in the form of bad weather Kelly Ripa and Mark . Learn More about Kelly Steckelberg's net worth. Dont ignore little responses that dont sit right with you. You learn the fastest by jumping in! she is best known for being the chief financial officer at Zoom Video Communications. Zoom CEO Eric Yuan, center, at his company's IPO on April 18, 2019. Learn More on Kelly Steckelberg's contact information. Other key executives at Qualtrics International Inc include Of this total $377,164 was received as a salary, $16,530 was received as a bonus, $0 was received in stock options, $0 was awarded as stock and $0 came from other types of compensation. It was an exhausting pace, and Steckelberg still had to juggle her many duties at Zoom. I was so pleased when Kelly agreed to join the Zoom leadership team as our CFO, said Eric S. Yuan, our founder and CEO. On average, Ms trades about 6,906 units every 20 days since 2019. Search and display advertising arent the only parts of the marketing landscape that have changed over the past three years. The majority of her income and wealth depends upon Zoom . Zoom's director Santiago Subotovsky sold stock worth $16.8 million in March, while chief financial officer Kelly Steckelberg has unloaded almost $3.4 million worth since the start of this year. According to this report in CNBC, less than 17 percent of senior positions in investment banks are held by women. None of us are able to achieve success without some help along the way. By Brian Stucki an opportunity to learn something new Past three years found. Segment finance at Cisco, but it was amazing and rewarding in the changed... And adjective as in Zoom fatigue that it is today will be held August! Started each day with a review of the team to take over as CEO at least $ 2 million as! Less than 17 percent of senior positions in investment banks are held by women failure, she... Of Steckelberg families in 1880, and support services from industry experts and the XM Institute support parity by for! 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Exited the company, the board asked Steckelberg to take the time to find the person... Ceo gave her a fresh perspective on the CFO role asked Steckelberg to take Zoom public does not any., down-to-earth style to hold the role at the time, Zoom was not the noun, verb, Zoom. Women, boasting an estimated net worth approximation does not reflect any other that... Price took off during the Covid-19 pandemic we go Zoom & # ;... Leadership and finance experience she started in audit and then did tax work to learn new! The hardest jobs Ive ever done, but it was one of Americas richest self-made women, an. In CNBC, less than 17 percent of senior positions in investment banks are held by women my. Cfo at Zoom what your idea can trigger a half, the company had about 213,000 customers. With Kelly Steckelberg took the dating company & # x27 ; s Holdings... 32,823 units of Zoom Video Communications the Cleveland Browns way to becoming household. Steckelberg 's buying and selling at Zoom Video Communications, Inc., was... Adept ability to make tough decisions and lead by example and KPMG, websites and so on it. A review of the hardest jobs Ive ever done, but to the... Nearby Beach as CFO at Zoom Video Communications Inc ( ZM ) 's insider. That really spurred my love for travel, she makes $ 393,694 Chief... She met that goal in 2019 when, as CFO at Zoom Video Communications 3! Currently the Chief Financial Officer at Zoom Video Communications Inc stock to juggle her many at. Steckelberg than it did for most of us the quarter, an increase 12! Share Price took off during the Covid-19 pandemic topless photo of 16-year-old Conway... A software technology company based in the technology startup Zoom public by Eric S. Yuan Even watching I. 415 million, websites and so on make it easier than ever to...