AI English summary of an SEC filing — figures as filed
Workday WDAYThe company said the Board of Directors appointed Elizabeth Centoni as a Class III director on December 3, 2024, and that this class will next stand for election at the 2027 Annual Meeting of Stockholders. The Board determined that she is independent under Nasdaq rules.
Key points
AI summaryThe company said the Board of Directors appointed Elizabeth Centoni as a Class III director on December 3, 2024, and that this class will next stand for election at the 2027 Annual Meeting of Stockholders. The Board determined that she is independent under Nasdaq rules.
The company said Centoni has served as Executive Vice President and Chief Customer Experience Officer at Cisco since March 2024, and has held senior engineering leadership roles at Cisco since 2000. She has also served on the Supervisory Board of Mercedes-Benz AG since April 2021.
The company said Centoni will receive a one-time grant of restricted stock units (RSUs) valued at $750,000 in connection with her board election. 1 of 4 parts will vest on December 5, 2025, and the remainder will vest in equal quarterly installments over the following 12 quarters. Vesting is subject to her continued service through the applicable vesting dates.
Workday said Cisco is a customer of Workday and made payments to Workday of approximately $13.1 million in the fiscal year ended January 31, 2024, and approximately $10.1 million in the 9 months ended October 31, 2024. The company explained that these transactions were based on arm's-length agreements entered into in the ordinary course of business.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Elizabeth Centoni Appointed Class III Director
The company said the Board of Directors appointed Elizabeth Centoni as a Class III director on December 3, 2024, and that this class will next stand for election at the 2027 Annual Meeting of Stockholders. The Board determined that she is independent under Nasdaq rules.
Source · Based on the filing body and exhibits
Centoni's Cisco Career and Supervisory Board Role
The company said Centoni has served as Executive Vice President and Chief Customer Experience Officer at Cisco since March 2024, and has held senior engineering leadership roles at Cisco since 2000. She has also served on the Supervisory Board of Mercedes-Benz AG since April 2021.
Source · Based on the filing body and exhibits
Centoni's RSU Compensation Terms
The company said Centoni will receive a one-time grant of restricted stock units (RSUs) valued at $750,000 in connection with her board election. 1 of 4 parts will vest on December 5, 2025, and the remainder will vest in equal quarterly installments over the following 12 quarters. Vesting is subject to her continued service through the applicable vesting dates.
Source · Based on the filing body and exhibits
Workday's Business Relationship with Cisco
Workday said Cisco is a customer of Workday and made payments to Workday of approximately $13.1 million in the fiscal year ended January 31, 2024, and approximately $10.1 million in the 9 months ended October 31, 2024. The company explained that these transactions were based on arm's-length agreements entered into in the ordinary course of business.
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.
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