Workday said its Board appointed Aneel Bhusri as Executive Chair on January 29, 2024, and that Co-Chief Executive Officer Carl Eschenbach will serve as sole Chief Executive Officer from the same date, February 1, 2024.

1. 01

   Workday said its Board appointed Aneel Bhusri as Executive Chair on January 29, 2024, and that Co-Chief Executive Officer Carl Eschenbach will serve as sole Chief Executive Officer from the same date, February 1, 2024.

2. 02

   The company said Bhusri will remain Chair of the Board and focus on advising the business on innovation and the future direction of Workday's applications and technology platform. It also said there were no changes to the compensation or benefits of Bhusri or Eschenbach in connection with the transition, and that Bhusri's equity awards will vest under their existing terms.

3. 03

   Workday said James Bozzini notified the Board on January 26, 2024 that he will step down as Chief Operating Officer effective February 1, 2024, and will then continue as Executive Director of Enterprise Transformation. The company also said it does not currently plan to appoint a new Chief Operating Officer.

4. 04

   In a press release, Workday said that since Eschenbach assumed the co-CEO role in December 2022, it has surpassed 65 million users under contract and more than 10,000 global customers, and reached EMEA ARR of over $1 billion.

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Original filing

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