Workday (WDAY) executive compensation, 2026 proxy

Carl M. Eschenbach, Former Chief Executive Officer and Director, was paid $26M in fiscal 2026, down 1% from $26.2M the year before. The CEO-to-median-employee pay ratio was 119:1, on median employee pay of $218,717.

Filed
May 5, 2026
Annual meeting
June 16, 2026
Pay year
fiscal 2026
Named executives
5
CEO total pay
$26M-1% vs prior year
CEO to median employee
119:1median $218,717
CEO pay in equity
88%$23M in awards
CEO stock awards
$23.0MEschenbach fiscal 2026
CEO incentive pay
$1.6MNon-equity incentive compensation
Bhusri stock awards
$15.3MFiscal 2026
Kazmaier stock awards
$26.9MFiscal 2026
PSU maximum payout
150%Of target shares

How Eschenbach was paid

$26M in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary4%Stock awards88%Non-equity incentive6%All other compensation2%

Named executive officers

ExecutiveTotal
Aneel BhusriCo-Founder, Chief Executive Officer, and Chair of the Board$19,231,325
Carl M. EschenbachFormer Chief Executive Officer and Director$26,031,706
Zane RoweChief Financial Officer$11,147,080
Gerrit KazmaierPresident, Product and Technology$28,390,724
Richard H. SauerChief Legal Officer and Head of Corporate Affairs$7,823,130

What changed and why

  • $26.0M$26.0M Carl Eschenbach’s fiscal 2026 total compensation was slightly below $26.2M in fiscal 2025.
  • $23.0M$23.0M Eschenbach’s stock awards were the largest component of his fiscal 2026 compensation.
  • February 6, 2026 Aneel Bhusri became CEO after Eschenbach stepped down and terminated his services.
  • 150%150% Fiscal 2026 PSUs had a maximum payout of 150% of target shares.
  • $3.8M$3.8M Bhusri’s other compensation included $3.2M for additional security and $683,062 for personal air travel.
  • 72%72% Cash-bonus threshold payouts reflected 72% of target opportunity and a 100% individual performance multiplier.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.