Workday Appoints New Chief Legal Officer

Ticker: WDAY · Form: 8-K · Filed: Sep 10, 2024 · CIK: 1327811

Workday, Inc. 8-K Filing Summary
FieldDetail
CompanyWorkday, Inc. (WDAY)
Form Type8-K
Filed DateSep 10, 2024
Risk Levellow
Pages3
Reading Time3 min
Key Dollar Amounts$0.001, $750,000, $19.8 million, $900,000
Sentimentneutral

Sentiment: neutral

Topics: executive-appointment, legal, leadership-change

Related Tickers: WDAY

TL;DR

Workday just hired a new Chief Legal Officer, Mark Vella. Big move for their legal team.

AI Summary

On September 10, 2024, Workday, Inc. filed an 8-K report detailing changes in its executive team and compensatory arrangements. Specifically, the filing announced the appointment of Mark N. Vella as Chief Legal Officer and General Counsel, effective September 9, 2024. The report also disclosed details regarding the compensation for certain officers.

Why It Matters

This filing signals a key leadership change in Workday's legal department, which could impact corporate governance and strategic legal decisions.

Risk Assessment

Risk Level: low — The filing primarily concerns executive appointments and compensation, which are standard corporate events and do not indicate significant financial distress or operational issues.

Key Players & Entities

  • Workday, Inc. (company) — Registrant
  • Mark N. Vella (person) — Appointed Chief Legal Officer and General Counsel
  • September 10, 2024 (date) — Date of Report
  • September 9, 2024 (date) — Effective date of appointment

FAQ

Who has been appointed as the new Chief Legal Officer and General Counsel at Workday, Inc.?

Mark N. Vella has been appointed as the new Chief Legal Officer and General Counsel.

When was Mark N. Vella's appointment effective?

The appointment of Mark N. Vella was effective September 9, 2024.

What is the primary purpose of this 8-K filing?

The primary purpose of this 8-K filing is to report the departure of certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers.

What is Workday, Inc.'s principal executive office address?

Workday, Inc.'s principal executive office is located at 6110 Stoneridge Mall Road, Pleasanton, California 94588.

What is Workday, Inc.'s telephone number?

Workday, Inc.'s telephone number is (925) 951-9000.

Filing Stats: 854 words · 3 min read · ~3 pages · Grade level 11 · Accepted 2024-09-10 16:05:02

Key Financial Figures

  • $0.001 — stered Class A Common Stock, par value $0.001 WDAY The Nasdaq Stock Market LLC (Nasd
  • $750,000 — d stock units ("RSUs") in the amount of $750,000 following the effective date of her app
  • $19.8 million — de payments to Workday of approximately $19.8 million for the fiscal year ended January 31, 2
  • $900,000 — ded January 31, 2024, and approximately $900,000 during the six months ended July 31, 20

Filing Documents

01 – Financial Statements and Exhibits

Item 9.01 – Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 99.1 Press release dated September 10, 2024 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) Signature Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: September 10, 2024 Workday, Inc. /s/ Richard H. Sauer Richard H. Sauer Chief Legal Officer, Head of Corporate Affairs, and Corporate Secretary

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