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AI brief of an SEC Form 8-K · Workday (WDAY)

Workday Names Gerrit Kazmaier President of Product and Technology, Effective March 10

Neutral Impact 3 of 5 leadership Written later

Workday appointed Gerrit Kazmaier, formerly a vice president and general manager at Google Cloud, as President, Product and Technology, effective March 10, 2025. Sayan Chakraborty, the current holder of the role, is retiring and will advise the company through June 2, 2025. The filing describes Kazmaier's pay package and says the company's innovation strategy and product and technology organization are now under his leadership.

Key points

  • Kazmaier's offer includes a $700,000 annual base salary, a $1,000,000 one-time signing bonus paid in two installments, and a 60% target cash bonus.
  • Kazmaier will receive restricted stock unit awards with grant-date values of approximately $18 million and approximately $12 million, the second of which is a sign-on award.
  • Chakraborty will serve as a full-time advisor through June 2, 2025, then as a consultant through December 2, 2025, with his existing equity awards continuing to vest.

The filing

CompanyWorkday (WDAY)
Form8-K, current report
Filed with the SECFeb 25, 2025, 4:05 PM ET
Accession number0001327811-25-000041

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 25, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.