8-KLeadership Changes

Workday, Inc. 8-K Report, Executive Changes (Feb 7, 2018)

Filed February 7, 2018For Securities:WDAY

Summary

Workday, Inc. (WDAY) announced significant leadership changes via an 8-K filing on February 7, 2018. The key development is the appointment of Robynne Sisco and Chano Fernandez as Co-Presidents, effective January 31, 2018. This move elevates two seasoned executives within the company's ranks. Robynne Sisco will continue in her role as Chief Financial Officer, leveraging her deep financial expertise. Chano Fernandez will maintain responsibility for Workday's global field operations, signaling a focus on continued sales and market expansion. Concurrently, the previous Co-Presidents, Mark Peek and Phil Wilmington, are transitioning to new strategic roles within Workday Ventures and as Vice Chairman, respectively. These appointments suggest a structured succession plan and a continued emphasis on growth and innovation for Workday.

Key Highlights

  • 1Robynne Sisco and Chano Fernandez appointed as Co-Presidents of Workday.
  • 2Robynne Sisco will continue as Chief Financial Officer while serving as Co-President.
  • 3Chano Fernandez will continue to lead Workday's global field operations as Co-President.
  • 4Mark Peek and Phil Wilmington, former Co-Presidents, appointed to new strategic roles.
  • 5Mark Peek appointed Managing Director and Co-Head of Workday Ventures.
  • 6Phil Wilmington appointed Vice Chairman of Workday.
  • 7The appointments signal a focus on leadership development and strategic growth initiatives.

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