Workday Inc.
Workday Appoints AI Pioneer Michael Speiser to Board of Directors
Summary
On June 18, 2024, Workday, Inc. appointed Michael L. Speiser, a seasoned technology executive and venture capitalist, as a new independent director, effective immediately. At the Annual Meeting held on the same day, stockholders elected Aneel Bhusri, Thomas F. Bogan, and Lynne M. Doughtie as Class III directors, ratified Ernst & Young LLP as the independent registered public accounting firm, approved the compensation of named executive officers on an advisory basis, and approved an amendment to the Restated Certificate of Incorporation for officer exculpation. Michael Speiser received a one-time grant of restricted stock units (RSUs) worth $750,000, in addition to annual RSU grants totaling $345,000 for his roles as a director and Investment Committee member.
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About Workday Inc.
Workday Inc. is a prominent enterprise software company that specializes in providing cloud-based applications for financial management, human resources, and planning. Founded in 2005, Workday has established itself as a key player in the enterprise software market, offering innovative solutions that help organizations streamline processes, improve data accessibility, and enhance strategic decision-making. Its flagship offerings include advanced tools for human capital management (HCM), payroll, talent management, and workforce planning, which are vital for medium to large enterprises aiming to manage their workforce efficiently. Workday's applications are widely used across numerous sectors, including education, healthcare, financial services, and technology, allowing these industries to better manage their operational needs. As a pioneer in SaaS (Software-as-a-Service) solutions, Workday's impact on the financial market is significant, providing businesses the scalability and flexibility required to adapt to ever-changing market conditions while ensuring data security and compliance. With headquarters in Pleasanton, California, Workday continues to innovate and expand its offerings, helping organizations globally to navigate the complexities of modern workforce management and financial planning.
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