Workday Co-Founder Returns as CEO

By Chris Stiles • Monday, February 09 12:15 • Permanent Link

Workday, Inc. (NASDAQ: WDAY) has announced a significant leadership change as co-founder Aneel Bhusri returns as Chief Executive Officer, with Carl Eschenbach stepping down after leading the company through a period of global expansion and operational scale.

The company has reaffirmed its fiscal 2026 fourth-quarter and full-year outlook, expecting its financial results to be in line with its previous guidance, with the exception of its GAAP operating margin.

Workday is scheduled to report its fiscal 2026 fourth-quarter and full-year financial results after the market on Tuesday, February 24, 2026.

As Workday enters its next chapter, the company is focused on leading in the rapidly evolving AI era. Aneel Bhusri's return as CEO comes at a pivotal moment in the company's history, with a strong emphasis on the transformative impact of AI.

Eschenbach, who served as CEO for the past three years, expressed pride in the achievements during his tenure, including instilling greater operational discipline, expanding globally, broadening the company's industry focus, and laying meaningful groundwork in AI.

The transition in leadership is effective immediately, with Bhusri taking the helm as the company kicks off its fiscal year 2027.

Workday, known as the enterprise AI platform for managing people, money, and agents, is used by more than 11,000 organizations worldwide, including over 65% of the Fortune 500. As a result of these announcements, the company's shares have moved -3.04% on the market, and are now trading at a price of $186.86. For more information, read the company's full 8-K submission here.

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