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Workday, Inc. 8-K Report, Executive Changes (Jul 5, 2024)

Reports
Leadership Changes
Filing Date
Filed July 5, 2024
Period End
July 2, 2024
Security
WDAY
In the record · 2016–202610-K1110-Q328-K112

WDAY filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 112 current reports (8-K) between 2016 and 2026.

  1. Deal closed8-K · Aug ’18Aug ’18
  2. Leadership change8-K · Aug ’20Aug ’20
  3. Leadership change8-K · Dec ’22Dec ’22
  4. Material agreement8-K · Oct ’26Oct ’26

01—Abstract

Summary

Summary of the 8-K filed July 5, 2024. Cited figures are marked; the original filing is the authoritative source.

Workday, Inc. (WDAY) filed an 8-K on July 5, 2024, reporting a change in its Board of Directors and Audit Committee leadership.

Christa Davies resigned from the Board and its Audit Committee, effective July 2, 2024. Her departure was stated to be voluntary and not due to any disagreements with the company's management or board, nor related to Workday's operations, policies, or practices. The company expressed gratitude for her service.

02—Key points

Key Highlights

  1. Director Resignation: Christa Davies has resigned from the Workday Board of Directors.
  2. Audit Committee Impact: Ms. Davies also stepped down from the Audit Committee.
  3. Leadership Change: Mark J. Hawkins has been appointed as the new Chair of the Audit Committee.
  4. No Disagreement: The company explicitly states Ms. Davies' resignation was not due to any disagreements with management or the board.
  5. No Operational Issues: The resignation is not related to Workday's operations, policies, or practices.
  6. Company Gratitude: Workday acknowledged and thanked Ms. Davies for her contributions.

03—Questions

Frequently Asked Questions

  1. Why did Christa Davies resign from the Workday Board?

    Workday stated that Ms. Davies' resignation was voluntary and not a result of any disagreements with management or the Board, nor related to Workday's operations, policies, or practices.

  2. Who is replacing Christa Davies as Chair of the Audit Committee?

    Mark J. Hawkins has been appointed to serve as the new Chair of the Audit Committee.

  3. Does this resignation indicate any financial or operational concerns at Workday?

    No, the filing explicitly states that Ms. Davies' decision to resign was not related to Workday's operations, policies, or practices, and was not the result of any disagreement.

  4. Is this resignation effective immediately?

    Yes, Ms. Davies' resignation from the Board and the Audit Committee was effective immediately upon submission on July 2, 2024.

04—Continue

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