Workday Furnishes CEO Transition; Reaffirms Fiscal 2026 Outlook
Summary
Workday, Inc. appointed co-founder Aneel Bhusri as Chief Executive Officer, effective February 6, 2026, replacing Carl Eschenbach, who also resigned from the Board (via Ex. 99.1). Eschenbach will continue as a strategic advisor to the CEO (via Ex. 99.1). Workday reaffirmed its fiscal 2026 fourth quarter and full-year outlook (via Ex. 99.1). * Mr. Bhusri will remain Workday's Chair of the Board. * His compensation includes a $1,250,000 annual base salary and a target cash bonus up to 200% of base salary, starting FY2027. * A stock voting agreement with David A. Duffield covers approximately 68% of Workday's voting power as of January 31, 2026.
Why It Matters
The return of co-founder Aneel Bhusri as CEO, coupled with the reaffirmation of fiscal 2026 outlook (via Ex. 99.1), signals leadership continuity. The stock voting agreement, representing approximately 68% of voting power, highlights significant insider control.
These filing summaries are free and always will be. If this helped you spot material events, consider supporting us.
Want to see how WDAY traded around this filing?
Check real-time charts and technical analysis on TradingView to see market reaction to this event.
View WDAY Charts on TradingViewAffiliate link
Is this filing part of a pattern?
One disclosure is noise. Get a structured briefing covering 12 months of SEC filings, disclosure signals, and what to watch next.
Key Quote
“Mr. Bhusri is party to a stock voting agreement (the "Stock Voting Agreement") with David A.”
— From Item 5.02
Filing Details
Reported Items
Additional Information
- CIK Number
- 0001327811
- Filing Date
- Monday, February 9, 2026
- Filing Time
- 12:00 AM UTC
- Form Type
- 8-K
- Materiality Level
- high
- Sentiment
- neutral