Workday appoints Zane Rowe as CFO effective June 12, 2023; Barbara Larson to transition out

Workday, Inc.

Zane Rowe, former VMware CFO (and interim CEO), appointed Workday CFO effective June 12, 2023.
Rowe receives $700k base salary, $2M signing bonus, and $36M in equity awards (RSU + sign-on) with 2-4 year vesting.
Current CFO Barbara Larson steps down June 12, remains EVP through Nov 1, 2023, then consultant through July 8, 2024.
Larson forfeits a restricted stock award of 51,258 shares granted in 2023 as part of transition agreement.
Larson's existing equity continues to vest during transition and consulting periods.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Barbara Larson

Executive Vice President

WDAY · Workday, Inc.

Effective: 2023-06-12
Successor: Zane Rowe
Filed: May 25, 2023, 7:59 PM ET

Barbara Larson, Workday’s current Chief Financial Officer, will step down from that role effective June 12, 2023, and continue as an Executive Vice President of Workday through November 1, 2023, and then serve as a consultant to Workday through July 8, 2024.

Appointed

Zane Rowe

Chief Financial Officer

WDAY · Workday, Inc.

Effective: 2023-06-12
Filed: May 25, 2023, 7:59 PM ET

On May 19, 2023, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Zane Rowe as Chief Financial Officer of Workday, effective June 12, 2023 (the “Transition Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 1.0

Barbara Larson changed role as Executive Vice President at Workday, Inc..

Action: stepped down
Role: Executive Vice President

Exact text from the filing

Barbara Larson, Workday’s current Chief Financial Officer, will step down from that role effective June 12, 2023, and continue as an Executive Vice President of Workday through November 1, 2023, and then serve as a consultant to Workday through July 8, 2024.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 1.0

Zane Rowe was appointed as Chief Financial Officer at Workday, Inc..

Action: appointed
Role: Chief Financial Officer

Exact text from the filing

On May 19, 2023, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Zane Rowe as Chief Financial Officer of Workday, effective June 12, 2023 (the “Transition Date”).

View on SEC.gov

Workday, Inc. filing history →

Source: SEC EDGAR

accession 0001327811-23-000079

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