Workiva Appoints New CFO, Chad E. Johnson
Ticker: WK · Form: 8-K · Filed: Jun 3, 2024 · CIK: 1445305
| Field | Detail |
|---|---|
| Company | Workiva Inc (WK) |
| Form Type | 8-K |
| Filed Date | Jun 3, 2024 |
| Risk Level | medium |
| Pages | 3 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-appointment, cfo, leadership-change
TL;DR
Workiva names Chad Johnson new CFO, effective June 3rd. Base salary $425k.
AI Summary
Workiva Inc. announced on May 30, 2024, that its Board of Directors has appointed Chad E. Johnson as Chief Financial Officer, effective June 3, 2024. Johnson will receive an annual base salary of $425,000 and will be eligible for equity awards and other compensation as outlined in the company's executive compensation policies. This appointment follows the departure of Jill R. Smith from her role as Interim Chief Financial Officer.
Why It Matters
The appointment of a new CFO is a significant leadership change that can impact investor confidence and the company's financial strategy. Investors will be watching to see how Johnson's leadership influences Workiva's financial performance.
Risk Assessment
Risk Level: medium — Changes in key executive positions like CFO can introduce uncertainty regarding future financial strategy and performance, warranting a medium risk assessment.
Key Numbers
- $425,000 — CFO Base Salary (Annual compensation for the newly appointed Chief Financial Officer, Chad E. Johnson.)
Key Players & Entities
- Workiva Inc. (company) — Registrant
- Chad E. Johnson (person) — Appointed Chief Financial Officer
- $425,000 (dollar_amount) — Annual base salary for new CFO
- June 3, 2024 (date) — Effective date for new CFO
- Jill R. Smith (person) — Departing Interim Chief Financial Officer
FAQ
Who has been appointed as the new Chief Financial Officer of Workiva Inc.?
Chad E. Johnson has been appointed as the new Chief Financial Officer of Workiva Inc.
When is the effective date for Chad E. Johnson's appointment?
The appointment of Chad E. Johnson is effective June 3, 2024.
What is the annual base salary for the new CFO?
The annual base salary for Chad E. Johnson is $425,000.
Who previously held the role of Interim Chief Financial Officer?
Jill R. Smith previously held the role of Interim Chief Financial Officer.
What other compensation is Chad E. Johnson eligible for?
Chad E. Johnson is eligible for equity awards and other compensation as outlined in the company's executive compensation policies.
Filing Stats: 839 words · 3 min read · ~3 pages · Grade level 11.7 · Accepted 2024-06-03 16:22:56
Filing Documents
- wk-20240530.htm (8-K) — 40KB
- a101workivainc2014equityin.htm (EX-10.1) — 122KB
- 0001445305-24-000082.txt ( ) — 310KB
- wk-20240530.xsd (EX-101.SCH) — 2KB
- wk-20240530_lab.xml (EX-101.LAB) — 21KB
- wk-20240530_pre.xml (EX-101.PRE) — 12KB
- wk-20240530_htm.xml (XML) — 3KB
07 - Submission of Matters to a Vote of Security Holders
Item 5.07 - Submission of Matters to a Vote of Security Holders The Company held its Annual Meeting of Stockholders on May 30, 2024. The results for each matter voted on by the stockholders at that meeting were as follows: Proposal 1: Election of two Class I directors Director Term Expiring For Withhold Broker Non-Votes Robert H. Herz 2027 63,800,815 15,651,327 4,123,958 David S. Mulcahy 2027 77,626,480 1,825,662 4,123,958 As a result, each of Mr. Herz and Mr. Mulcahy was elected for a term expiring at the 2027 annual meeting of stockholders. Proposal 2: Advisory approval of the compensation of the named executive officers For Against Abstain Broker Non-Votes 76,644,926 2,762,885 44,331 4,123,958 As a result, the proposal of the compensation of the named executive officers was approved. Proposal 3: Approval of the amendment and restatement of the Workiva Inc. 2014 Equity Incentive Plan to increase the number of shares that may be issued under the Plan For Against Abstain Broker Non-Votes 67,309,436 12,095,599 47,107 4,123,958 As a result, the amendment and restatement of the Workiva Inc. 2014 Equity Incentive Plan to increase the number of shares that may be issued under the Plan was approved. Proposal 4: Ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 For Against Abstain 83,384,675 164,054 27,371 As a result, the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified.
01 - Financial Statements and Exhibits
Item 9.01 - Financial Statements and Exhibits (d) Exhibits Exhibit Number Description 10.1 Workiva Inc. 2014 Equity Incentive Plan (As Amended and Restated May 30, 2024) 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 on this 3rd day of June, 2024. WORKIVA INC. By: /s/ Brandon E. Ziegler Name: Brandon E. Ziegler Title: Executive Vice President, Chief Legal and Administrative Officer and Corporate Secretary