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HP's Bill Veghte to head SurveyMonkey

 

Palo Alto-based SurveyMonkey has announced it is hiring former Hewlett-Packard Co. executive Bill Veghte as CEO, replacing the late Dave Goldberg, the company's founder, who died unexpectedly in May.

Goldberg's widow, Sheryl Sandberg, also announced on her Facebook page that joined SurveyMonkey's board of directors on July 6, along with David Ebersman, former Facebook chief financial officer.

"My beloved husband Dave Goldberg loved SurveyMonkey and the incredible people who work there. He was so proud of their success -- and the way they quietly changed an entire industry and helped so many people make better decisions.

"Yesterday David Ebersman and I joined the board of SurveyMonkey -- becoming part of a team that I have also come to love. I'm excited to be part of SurveyMonkey's future, and to work with the new CEO, Bill Veghte," she wrote.

"The common thread in Bill's work is his skill in working with teams to increase the global reach of great businesses," she said in the company's announcement.

Veghte was executive vice president and general manager of HP's Enterprise Group. He worked at Microsoft from 2001 to 2010 prior to HP, according to his LinkedIn biography.

"SurveyMonkey is a special company with a wonderful opportunity in front of it," Veghte said. "I am excited to build upon the strong foundation that Dave and the leadership team have in place. ... There is huge potential to grow the business and I am looking forward to helping deliver on the opportunity."

During an interview with Bloomberg West, Veghte did not directly answer if he will take SurveyMonkey public. But he did say he wanted to expand the company from an online survey company to one that uses an insights platform to expand business opportunities.

Zander Lurie, interim CEO, became chairman of the board this month.

"The board found in Bill Veghte an insightful and energetic leader who will leverage SurveyMonkey's global scale and profitability into a much larger business," Lurie said in the company announcement.

"We believe Bill's stellar track record in both consumer and enterprise markets makes him the ideal candidate to succeed Dave Goldberg," Lurie said in the company announcement.

Veghte will also serve on the company's board of directors, the company noted. His arrival adds to the roster of heavy hitters who have recently joined SurveyMonkey's board.

Sandberg was vice president of global online sales and operations at Google, chief of staff for the United States Treasury Department under President Bill Clinton, a management consultant with McKinsey & Company, and an economist with the World Bank prior to joining Facebook, according to her SurveyMonkey's board of directors biography.

Ebersman is founder and CEO of Lyra Health. He was Facebook's chief financial officer from 2009 through 2014. He worked at Genentech, Inc., for 15 years, including as executive vice president and chief financial officer, among other executive positions.

Lurie is senior vice president of media at GoPro, Inc. He was also senior vice president of strategic development at CBS Corporation and previously worked for CNET. He led equity transactions and mergers and acquisitions in the Internet sector for JPMorgan.

Comments

19 people like this
Posted by Ahem
a resident of Another Palo Alto neighborhood
on Jul 7, 2015 at 11:42 pm

The hiring of an HP executive, is always the first step in any corporate death march. If survey Monkey goes under, can Palo Alto tear down the ugly Survey Monkey building? It looks like it was transplanted from one of Sunnyvale's cheesy industrial parks.


8 people like this
Posted by Ron
a resident of Crescent Park
on Jul 8, 2015 at 11:37 am

The Survey Monkey building is hideous. The developers, Boyd Smith and Lund Smith, should be ashamed....But they are laughing all the way to the bank.


2 people like this
Posted by Downtown Worker
a resident of Menlo Park
on Jul 8, 2015 at 4:30 pm

Strange... I find the SurveyMonkey building reasonably attractive.

City Hall takes the cake as the ugliest building downtown, if you ask me. It's not even particularly dense - you'd probably get as much office space by making that whole block 4 stories like the block between University and Hamilton and Ramona and Bryant.


Sorry, but further commenting on this topic has been closed.

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