secwatch.observer — SEC 8-K summary
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Issuer:     Workday, Inc. (WDAY)
CIK:        0001327811
Form:       8-K
Filed at:   2025-02-25T23:59:59+00:00
Accession:  0001327811-25-000041
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Workday appoints Gerrit Kazmaier President, Product & Technology; Sayan Chakraborty retires
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- Gerrit Kazmaier (ex-Google Cloud, SAP) named President, Product and Technology effective March 10, 2025.
- Kazmaier will receive $700K base salary, $1M signing bonus, RSUs valued at ~$18M (4-yr vest) and sign-on RSUs ~$12M (2-yr vest).
- Outgoing President Sayan Chakraborty will serve as advisor through June 2, 2025, then continue consulting through December 2, 2025 with equity vesting.
- Kazmaier will lead Workday's innovation strategy and product/tech organization; no additional equity grants until April 2026.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000041/0001327811-25-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1327811/000132781125000041/wday-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001327811-25-000041

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer