Form 8-K · Current Report · Filed 2025-02-25
Workday Appoints New President, Product and Technology
Workday, Inc. announced on February 20, 2025, the appointment of Gerrit Kazmaier as President, Product and Technology, effective March 10, 2025. Kazmaier, previously with Google Cloud, will lead Workday's innovation strategy and product and technology organization. Sayan Chakraborty, the current President, will retire and assist in the transition through June 2, 2025, followed by a consulting period until December 2, 2025. Kazmaier's compensation includes an annual base salary of $700,000, a $1,000,000 signing bonus, equity awards valued at approximately $30,000,000, and participation in the Workday cash incentive plan.
- Filer
- Workday Inc. WDAY · NASDAQ
- Filed
- Accession
- 0001327811-25-000041
- CIK
- 0001327811
- Signal
- Medium impactTechnology
- Source
- Official filing on sec.gov ↗
Items reported
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Regulation FD Disclosure
Financial Statements and Exhibits
Market reaction
Close before filing
$261.81
Next session
+3.5%
Since filing
-38.8%
Latest close
$160.34
What happened, not what will happen — closing prices around the filing date.
Precedent
Previous filings from WDAY reporting the same item, with the next session's move:
Exhibits (2)
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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