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Posted 31 January, 2024

Workday, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:WDAY in a 8-K filed on 31 January, 2024.


  On January 29, 2024, in connection with the succession plan previously announced on December 20, 2022, the Board of Directors (the "Board") of Workday, Inc. ("Workday") appointed Aneel Bhusri as Executive Chair, effective as of February 1, 2024 (the "Transition Date"). Carl Eschenbach, Workday's Co-Chief Executive Officer, will serve as Workday's sole Chief Executive Officer effective the Transition Date.  

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Overview of Workday, Inc.
Technology • Software
Workday, Inc. engages in the provision of development of enterprise cloud applications for finance and human resources. It delivers financial management, human capital management and analytics applications designed for companies, educational institutions, and government agencies. The company was founded by David A. Duffield and Aneel Bhusri in 2005 and is headquartered in Pleasanton, CA.
Market Cap
$69.1B
View Company Details
Workday, Inc. by TradingView
Relevant filing section
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


On January 29, 2024, in connection with the succession plan previously announced on December 20, 2022, the Board of Directors (the "Board") of Workday, Inc. ("Workday") appointed Aneel Bhusri as Executive Chair, effective as of February 1, 2024 (the "Transition Date"). Carl Eschenbach, Workday's Co-Chief Executive Officer, will serve as Workday's sole Chief Executive Officer effective the Transition Date. As Executive Chair, Mr. Bhusri will remain Chair of the Board and an active executive officer of Workday, with a focus on advising the business on innovation and the future direction of Workday's applications and technology platform. Mr. Bhusri will also serve as a strategic advisor to Mr. Eschenbach and the rest of the executive team.


No changes were made to Mr. Bhusri's or Mr. Eschenbach's compensation or benefits in connection with the foregoing transition, and Mr. Bhusri's equity awards will continue to vest in accordance with their terms.


Additionally, on January 26, 2024, James Bozzini notified the Board that he will step down from his position as Workday's Chief Operating Officer, effective the Transition Date. Following the Transition date, Mr. Bozzini will continue to serve Workday as Executive Director of Enterprise Transformation. Workday does not intend to appoint a new Chief Operating Officer at this time with certain of Mr. Bozzini's responsibilities being assumed by other members of Workday management.


A copy of the press release announcing the Chief Executive Officer transition is attached hereto as Exhibit 99.1. The information in the press release attached hereto shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act.