secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2024-08-01T23:59:59+00:00
Accession:  0001327811-24-000155
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday appoints Mark Garfield as Chief Accounting Officer effective Sept 3, 2024
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- Mark Garfield, previously SVP and CAO of Adobe, will become Workday's CAO.
- Annual base salary of $515,000; eligible for 35% target bonus under cash incentive plan.
- One-time signing bonus of $500,000 subject to one-year repayment obligation if terminated for cause or resigns without good reason.
- Equity awards: RSU grant valued at $6M (4-year vest) plus a $3M bridge award (2-year vest).
- Will participate in Workday's Executive Severance Plan and Change in Control Policy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781124000155/0001327811-24-000155-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781124000155/wday-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001327811-24-000155

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