---
schema_version: "secwatch.filing_event.v1"
accession: "0001327811-23-000079"
form_type: "8-K"
ticker: "WDAY"
cik: "0001327811"
company_name: "Workday, Inc."
filed_at: "2023-05-25T23:59:59+00:00"
generated_at: "2026-06-14T14:15:29.900665+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001327811-23-000079
- form_type: 8-K
- ticker: WDAY
- cik: 0001327811
- company_name: Workday, Inc.
- filed_at: 2023-05-25T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000079/0001327811-23-000079-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000079/wday-20230519.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001327811-23-000079
- JSON: https://secwatch.observer/filing/0001327811-23-000079.json
- Plain text: https://secwatch.observer/filing/0001327811-23-000079.txt

## Key facts
- Executive change
  Barbara Larson changed role as Executive Vice President at Workday, Inc..
  - Action: stepped down
  - Role: Executive Vice President
  source text: 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000079/0001327811-23-000079-index.htm
- Executive change
  Zane Rowe was appointed as Chief Financial Officer at Workday, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: 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”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1327811/000132781123000079/0001327811-23-000079-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.