Flash FinanceUS
Market closed S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · Workday (WDAY)

Workday names co-founder Aneel Bhusri CEO, replacing Carl Eschenbach

Neutral Impact 4 of 5 leadership Written later

Co-founder Aneel Bhusri was appointed Workday's chief executive officer effective February 6, 2026, and will also remain Chair of the Board. Carl Eschenbach stepped down as CEO and resigned from the Board, and Workday reaffirmed its fiscal 2026 fourth-quarter and full-year outlook, with the exception of GAAP operating margin, which was addressed in a February 4 Form 8-K.

Key points

  • Aneel Bhusri appointed CEO effective February 6, 2026; Carl Eschenbach resigned as CEO and as a director.
  • Bhusri's base salary is $1,250,000, with an annual target cash bonus of up to 200% of base salary beginning in fiscal 2027.
  • Bhusri is expected to receive grants dated March 5, 2026: a $60 million RSU award and a $75 million performance-based RSU award.
  • Eschenbach will receive a lump sum payment of $3,601,355 and accelerated vesting of 139,773 and 24,153 shares; Workday will report fourth-quarter and full-year results after market on February 24, 2026.

The filing

CompanyWorkday (WDAY)
Form8-K, current report
Filed with the SECFeb 9, 2026, 8:31 AM ET
Accession number0001327811-26-000007

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

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits 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 09, 2026.

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