Highest-materiality recent filing
All four Class II director nominees elected; Rhonda J. Morris received highest support with 621.4M votes for.
Workday Q1 revenue $2.542B (+13.5%); GAAP EPS $0.87, non-GAAP $2.66; backlog up 15.5%
Total revenues $2.542B, up 13.5% YoY; subscription revenues $2.354B, up 14.3% YoY.
Workday amends executive severance policy, tightens equity acceleration exclusion to 3 months
Equity awards granted within 3 months (down from 12) before a Non-CIC Qualifying Termination are excluded from accelerated vesting.
Workday grants CEO Bhusri 437,602 RSU and 547,003 PVU shares with price hurdles
RSU vests 1/4th on one-year anniversary, then quarterly over 4 years; no other equity until FY2028.
Workday Q4 revenue $2.53B (+14.5% YoY); non-GAAP EPS $2.47 vs $1.92; FY rev $9.55B
Q4 total rev $2.532B (+14.5% YoY); subs rev $2.360B (+15.7% YoY).
Workday co-founder Aneel Bhusri returns as CEO; Carl Eschenbach steps down effective Feb 6, 2026
Eschenbach receives $3.6M lump sum, accelerated vesting of 139,773 RSUs plus 24,153 additional shares.
Workday to cut ~2% of workforce, take $135M charge in Q4 FY2026; GAAP margin to drop 24-25 pts
Elimination of ~2% of workforce, primarily non-revenue generating roles in Global Customer Operations.
Workday Q3 FY2026 revenue $2.43B (+12.6%); GAAP EPS $0.94, non-GAAP $2.32
Total revenues $2.432B (+12.6% YoY); subscription revenues $2.244B (+14.6% YoY).
Workday authorizes additional $4.0B share repurchase; plans $5.0B total through FY2027
Board authorized $4.0B new buyback; plus $1.2B remaining from prior program.
Workday acquires Sana for ~$1.1B to build AI-powered employee experience
Acquisition price of approximately $1.1B for all outstanding shares of Sana.
Workday Q2 FY2026 revenue $2.348B (+12.6% YoY); EPS $0.84 up from $0.49
Total revenues $2.348B, up 12.6% YoY; subscription revenues $2.169B, up 14.0% YoY.
Workday signs definitive agreement to acquire AI candidate-experience company Paradox
Paradox has powered over 189 million AI-assisted candidate conversations and achieves conversion rates above 70%.
Workday shareholders elect directors, ratify EY, and approve executive compensation
Shareholders elected all four Class I director nominees: Carl M. Eschenbach, Michael M. McNamara, Michael L. Speiser, and Jerry Yang, each with over 599 million votes for.
Workday Q1 revenues up 12.6% to $2.24B; non-GAAP EPS $2.23; authorizes $1B buyback
Subscription revenue $2.059B (+13.4% YoY); total revenue $2.240B (+12.6% YoY).
Workday Q4 revenue up 15% to $2.21B, Non-GAAP EPS $1.92; FY revenue up 16.4%
Q4 total revenues $2.211B (+15.0%); subscription revenues $2.040B (+15.9% YoY).
Workday appoints Gerrit Kazmaier President, Product & Technology; Sayan Chakraborty retires
Gerrit Kazmaier (ex-Google Cloud, SAP) named President, Product and Technology effective March 10, 2025.
Workday announces restructuring: cut ~1,750 jobs (8.5% of workforce), charges $230M-$270M
Restructuring eliminates ~1,750 positions (8.5% of workforce); charges estimated $230M-$270M, with $60M-$70M in Q4 FY2025.
Workday appoints Cisco EVP Liz Centoni to Board of Directors
Appointed Elizabeth Centoni as Class III director effective December 3, 2024.
Workday Q3 FY2025 revenue $2.16B (+15.8% YoY); non-GAAP EPS $1.89, subscription backlog up 20.3%
GAAP: Revenue $2.160B (+15.8% YoY), operating income $165M (7.6% margin), diluted EPS $0.72 vs $0.43.
Workday appoints Rob Enslin as President, CCO; Doug Robinson retiring
Rob Enslin appointed President and Chief Commercial Officer, effective Dec 2, 2024; base salary $750K, signing bonus $1M, RSU award ~$38M.
Workday Co-President Doug Robinson to retire by Jan 31, 2025; will advise through Oct 2025
Robinson notified retirement effective Jan 31, 2025; will serve as advisor through Apr 30, 2025 with possible extension.
Workday appoints Chevron CHRO Rhonda Morris to board, effective Feb 2025
Rhonda J. Morris appointed as Class II director effective Feb 14, 2025, following her retirement as Chevron CHRO.
Workday Q2 FY2025 revenue $2.085B (+16.7% YoY); authorizes $1B buyback
Total revenues $2.085B (+16.7% YoY); subscription revenue $1.903B (+17.2% YoY).
Workday appoints Mark Garfield as Chief Accounting Officer effective Sept 3, 2024
Mark Garfield, previously SVP and CAO of Adobe, will become Workday's CAO.
Christa Davies resigns from Workday board; Mark Hawkins named Audit Committee Chair
Christa Davies resigned from Workday Board and Audit Committee effective July 2, 2024.
Workday appoints Michael Speiser, AI pioneer and former Snowflake CEO, to board
Michael Speiser elected to Workday board as independent Class I director, effective June 18, 2024.
Workday Q1 FY2025 total rev $1.99B (+18.1% YoY); non-GAAP EPS $1.74 vs $1.33
Total revenues $1.990B, up 18.1% YoY; subscription rev $1.815B, up 18.8%.
Workday director Ann-Marie Campbell to resign; board reclassifies director classes
Ann-Marie Campbell will not stand for re-election at 2024 Annual Meeting; resignation effective at meeting start, no disagreement with management or board.
Workday Q4 rev $1.9B (+17% YoY); FY2024 subs rev $6.6B (+19%); guides FY2025 subs $7.725B-7.775B
Q4 total revenues $1.9B (+17% YoY); subscription revenues $1.8B (+18% YoY).
Workday to Acquire HiredScore for Undisclosed Amount; Expected Close in Q1 FY2025
Workday (WDAY) enters definitive agreement to acquire HiredScore, an AI-powered talent orchestration platform.
Workday appoints Aneel Bhusri as Executive Chair; Carl Eschenbach becomes sole CEO
Aneel Bhusri transitions from co-CEO to Executive Chair effective Feb 1, 2024, focusing on innovation and technology.
Workday adopts new Executive Severance and Change in Control Policy adding non-CIC severance
New policy adds severance for termination without cause outside a Change in Control period (Non-CIC Qualifying Termination).
Workday Q3 FY2024: Revenue $1.87B (+16.7%), raises subscription revenue guidance to $6.598B
Subscription revenue $1.69B (+18.1% YoY); total revenue $1.87B (+16.7% YoY).
Workday board member Lee J. Styslinger III resigns, stays as advisor
Lee J. Styslinger III resigned from Workday's Board effective September 7, 2023.
Workday Q2 FY2024 rev $1.79B (+16.3%), EPS $0.30; raises FY subscription rev guidance to $6.57-6.59B
Subscription revenue $1.62B (+18.8% YoY); total subscription backlog $17.85B (+32.5% YoY).
Workday shareholders elect all four Class II directors and ratify auditor at annual meeting
Christa Davies, Wayne Frederick, Mark Hawkins, George Still elected as Class II directors with majority support.
Workday Q1 revenue $1.68B (+17.4% YoY); raises FY2024 subscription guidance low-end
Subscription revenue $1.53B (+20.1% YoY); total revenue $1.68B (+17.4% YoY).
Workday appoints Zane Rowe as CFO effective June 12, 2023; Barbara Larson to transition out
Zane Rowe, former VMware CFO (and interim CEO), appointed Workday CFO effective June 12, 2023.
Workday adopts Omnibus Bonus Plan to motivate and reward employees
Plan adopted March 3, 2023 by Compensation Committee; effective immediately.
Q4 total revenue $1.65B (+19.6% YoY); subscription revenue $1.50B (+21.7% YoY).
Workday appoints Sayan Chakraborty as Co-President, Mark Hawkins to board; Sisco becomes Vice Chair
Sayan Chakraborty appointed Co-President effective Feb 23, 2023, continuing to lead Product and Technology.
Workday announces workforce reduction of ~3% as part of resource realignment
Elimination of ~3% of global workforce, majority in Product & Technology organization.
Workday amends bylaws for universal proxy rules, DGCL changes, and other updates
Updated advance notice provisions for director nominations and stockholder proposals, requiring additional background and disclosure.
Workday appoints Carl Eschenbach as co-CEO; Fernandez steps down; reaffirms guidance
Carl Eschenbach appointed co-CEO effective Dec 20, 2022; expected to become sole CEO in Jan 2024.
Workday Q3 FY23 revenue $1.60B (+20.5%); raises FY23 sub. guidance, $500M buyback
Subscription revenue $1.43B (+22.3% YoY); total subscription backlog $14.10B (+28.5%).
Workday Q2 FY2023: Rev $1.54B (+22% YoY), GAAP EPS -$0.25, backlog grows 27%
Total revenues $1.54B, up 21.9% YoY; subscription revenues $1.37B, up 22.8% YoY.
Workday stockholders elect directors, approve equity plans at annual meeting
Class I directors Lynne Doughtie, Carl Eschenbach, Michael McNamara, Jerry Yang elected; each received >600M votes for.
Workday appoints Wayne A.I. Frederick, M.D. to board of directors
Dr. Frederick is president of Howard University (since July 2014) and brings experience in higher education and healthcare.
Workday Q1 FY2023 revenue $1.43B (+22.1% YoY); raises FY2023 subscription revenue guidance
GAAP EPS loss of $0.41 vs loss $0.19 YoY; Non-GAAP diluted EPS $0.83 vs $0.87 YoY.
Workday enters $1B revolving credit facility, replaces $750M prior facilities
New $1B revolver matures April 6, 2027; no outstanding draws as of April 7, 2022.
In connection with the appointment of Mr. Kazmaier, Sayan Chakraborty will retire from his role at Workday as President, Product and Technology, effective as of the Effective Date.
On February 20, 2025, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Gerrit Kazmaier as President, Product and Technology of Workday, effective March 10, 2025 (the “Effective Date”).
On November 25, 2024, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Robert Enslin as President, Chief Commercial Officer of Workday, effective December 2, 2024 (the “Effective Date”).
Additionally, on November 25, 2024, the Board appointed Sayan Chakraborty as President, Product and Technology, effective as of the Effective Date.
In connection with the appointment of Mr. Enslin, Doug Robinson will retire from his role as Co-President, effective as of the Effective Date.
On September 25, 2024, Doug Robinson notified Workday, Inc. (“Workday” or the “Company”) that he will retire from his role as Co-President effective January 31, 2025 (the “Transition Date”).
On September 10, 2024, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Rhonda J. Morris as a Class II director, with an effective date of February 14, 2025, following her retirement from Chevron Corporation.
On July 30, 2024, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Mark Garfield as Chief Accounting Officer of Workday, effective September 3, 2024
On July 2, 2024, Christa Davies submitted her resignation from the Board of Directors (the “Board”) of Workday, Inc. (“Workday”), including from the Audit Committee of the Board (the “Audit Committee”), effective immediately.
On and effective June 18, 2024, the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Michael L. Speiser as a Class I director
On April 22, 2024, Ann-Marie Campbell notified Workday, Inc. (“Workday”) that she has decided not to stand for re-election to Workday’s Board of Directors (the “Board”) at Workday’s 2024 Annual Meeting of Stockholders (the “Annual Meeting”) and that she will resign effective as of the start of the Annual Meeting (the “Effective Time”).
the Board of Directors (the “Board”) of Workday, Inc. (“Workday”) appointed Aneel Bhusri as Executive Chair, effective as of February 1, 2024
Max materiality 0.85 · Median 0.68 · Most common event leadership