SurveyMonkey Announces New CEO Bill Veghte
PALO ALTO, Calif. July 7, 2015 – SurveyMonkey, the leading online survey platform, today announced that Bill Veghte will become Chief Executive Officer effective August 1, 2015. He has also joined the SurveyMonkey board.
“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,” said Zander Lurie, the company’s board chairman. “We believe Bill’s stellar track record in both consumer and enterprise markets makes him the ideal candidate to succeed Dave Goldberg. Bill will continue to deliver on SurveyMonkey’s expansion from a survey tool to an insights platform.”
Veghte has spent his career building businesses in a variety of capacities including a 20 year tenure at Microsoft spanning Microsoft Office, Windows, and Server and then most recently at HP where he had been the COO and currently leads its Enterprise Group.
“SurveyMonkey is a special company with a wonderful opportunity in front of it,” said Veghte. “I am excited to build upon the strong foundation that Dave and the leadership team have in place. It is a great group of people with a platform today that helps millions of customers make better decisions faster and more economically. There is huge potential to grow the business and I am looking forward to helping deliver on the opportunity.”
Board member Sheryl Sandberg added, “The common thread in Bill’s work is his skill in working with teams to increase the global reach of great businesses. He joins an incredibly strong and effective team at SurveyMonkey and together they will help the world use data to make better decisions.”
SurveyMonkey transformed the traditional survey and market research industries when it introduced its online platform in 1999, and today, the company is the market leader in online surveys with over 25 million customers. In April 2015, it launched SurveyMonkey Benchmarks, a powerful data offering that organizations of all sizes can use to understand how their performance stacks up to peers, competitors and companies of similar size.
SurveyMonkey investors include Tiger Global Management, T. Rowe Price, Morgan Stanley Asset Management, Baillie Gifford, Spectrum Equity, Google Capital, and Social + Capital.