AI English summary of an SEC filing — figures as filed

Workday said its Board of Directors appointed Mark Garfield as Chief Accounting Officer on July 30, 2024, effective September 3, 2024.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Aug 1, 2024Period of report Jul 30, 2024Summary published (UTC) Oct 29, 2026

Key points

AI summary

Workday said its Board of Directors appointed Mark Garfield as Chief Accounting Officer on July 30, 2024, effective September 3, 2024.
Workday said Mark Garfield, 53, has served as Senior Vice President and Chief Accounting Officer at Adobe, Inc. since 2018 and will continue in that role through August 9, 2024. He previously served as Vice President of Finance at Cloudflare, Inc. and as Senior Vice President and Chief Accounting Officer at Symantec Corporation.
Workday said it will pay Mark Garfield an annual base salary of $515,000 and a one-time signing bonus of $500,000 under his offer letter, and he will be eligible to participate in the cash incentive plan with a target bonus of 35%.
Workday said it will grant Mark Garfield an RSU Award with a grant date value of approximately $6,000,000, vesting over 4 years, and a Bridge Award with a grant date value of approximately $3,000,000, vesting over 2 years. Vesting is subject to continued service.

Summary

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Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Chief Accounting Officer appointment and effective date

Workday said its Board of Directors appointed Mark Garfield as Chief Accounting Officer on July 30, 2024, effective September 3, 2024.

Source · Based on the filing body and exhibits

Background of new officer

Workday said Mark Garfield, 53, has served as Senior Vice President and Chief Accounting Officer at Adobe, Inc. since 2018 and will continue in that role through August 9, 2024. He previously served as Vice President of Finance at Cloudflare, Inc. and as Senior Vice President and Chief Accounting Officer at Symantec Corporation.

Source · Based on the filing body and exhibits

Base salary and signing bonus terms

Workday said it will pay Mark Garfield an annual base salary of $515,000 and a one-time signing bonus of $500,000 under his offer letter, and he will be eligible to participate in the cash incentive plan with a target bonus of 35%.

Source · Based on the filing body and exhibits

Equity awards and vesting terms

Workday said it will grant Mark Garfield an RSU Award with a grant date value of approximately $6,000,000, vesting over 4 years, and a Bridge Award with a grant date value of approximately $3,000,000, vesting over 2 years. Vesting is subject to continued service.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

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