AI English summary of an SEC filing — figures as filed
Workday said its board appointed Gerrit Kazmaier as president, product and technology on February 20, 2025, effective March 10, 2025. He will lead the company's innovation strategy and product and technology organization.
Key points
AI summaryWorkday said its board appointed Gerrit Kazmaier as president, product and technology on February 20, 2025, effective March 10, 2025. He will lead the company's innovation strategy and product and technology organization.
The company said Kazmaier, 41, has served as vice president and general manager of Data & Analytics at Google Cloud from April 2021 and is expected to serve until March 2025. He previously spent more than 11 years at SAP.
Workday said it offered Kazmaier an annual base salary of $700,000, a one-time signing bonus of $1,000,000 payable in two installments, and a target bonus of 60%. It also said it plans to grant him restricted stock units with a grant date value of about $18,000,000 under the RSU Award and about $12,000,000 under the Sign-On Award.
Workday said Sayan Chakraborty will retire from his role as president, product and technology effective on the effective date and will serve as a full-time advisor through June 2, 2025. It said he is expected to enter into a consulting agreement through December 2, 2025.
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.
Gerrit Kazmaier named March 10 president, product and technology
Workday said its board appointed Gerrit Kazmaier as president, product and technology on February 20, 2025, effective March 10, 2025. He will lead the company's innovation strategy and product and technology organization.
Source · Based on the filing body and exhibits
Kazmaier's background: Google Cloud and SAP
The company said Kazmaier, 41, has served as vice president and general manager of Data & Analytics at Google Cloud from April 2021 and is expected to serve until March 2025. He previously spent more than 11 years at SAP.
Source · Based on the filing body and exhibits
Kazmaier's pay terms: base salary, signing bonus and RSUs
Workday said it offered Kazmaier an annual base salary of $700,000, a one-time signing bonus of $1,000,000 payable in two installments, and a target bonus of 60%. It also said it plans to grant him restricted stock units with a grant date value of about $18,000,000 under the RSU Award and about $12,000,000 under the Sign-On Award.
Source · Based on the filing body and exhibits
Sayan Chakraborty retirement and advisory period
Workday said Sayan Chakraborty will retire from his role as president, product and technology effective on the effective date and will serve as a full-time advisor through June 2, 2025. It said he is expected to enter into a consulting agreement through December 2, 2025.
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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