Tech — Software
Workday Executive Compensation (FY26)
WDAY · Pleasanton, CA · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (8-K): June 22, 2026
303 figures on this page: 294 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Shareholders recorded 87.6% support for the say-on-pay proposal at the meeting held June 16, 2026 for fiscal 2026. Separately, Carl Eschenbach, Chief Executive Officer and Director, received $26,031,706 in total compensation for fiscal 2026. Eschenbach's total was 0.5% lower than the $26,173,192 reported for fiscal 2025, and for fiscal 2026, the company reported a chief executive pay ratio of 119:1, against median employee compensation of $218,717; the disclosed peer group names Adobe Inc., Atlassian Corporation, Autodesk, Inc., Block, Inc. and Crowdstrike Holdings, Inc., among others.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Carl Eschenbach: $26,173,192 → $26,031,706 (0.5% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Workday's chief executive and what were they paid?
Carl Eschenbach, Chief Executive Officer and Director, received $26,031,706 in total compensation for fiscal 2026. Eschenbach's total was 0.5% lower than the $26,173,192 reported for fiscal 2025.
What was Workday's say-on-pay result?
Shareholders recorded 87.6% support for the say-on-pay proposal at the meeting held June 16, 2026 for fiscal 2026.
Which companies are in Workday's peer group?
The disclosed peer group names Adobe Inc., Atlassian Corporation, Autodesk, Inc., Block, Inc. and Crowdstrike Holdings, Inc., among others.
What is Workday's chief executive pay ratio?
For fiscal 2026, the company reported a chief executive pay ratio of 119:1, against median employee compensation of $218,717.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Luciano Chano Fernandez Former Co-Chief Executive Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Aneel Bhusri Co-Founder, Co-Chief Executive Officer, and Chair of the Board | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Douglas Robinson Co-President | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
James Bozzini Chief Operating Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Barbara Larson Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | — not reconciled |
Richard Sauer Chief Legal Officer, Head of Corporate Affairs, and Corporate Secretary | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Carl Eschenbach Chief Executive Officer and Director | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Aneel Bhusri Co-Founder and Executive Chair | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Sayan Chakraborty Co-President | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Douglas Robinson Co-President | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Barbara Larson Former Chief Financial Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | — not reconciled |
James Bozzini Former Chief Operating Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Zane Rowe Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Aneel Bhusri Co-Founder, Chief Executive Officer, and Chair of the Board | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Douglas Robinson A. Robinson Executive Advisor | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Richard Sauer Chief Legal Officer and Head of Corporate Affairs | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Carl Eschenbach Former Chief Executive Officer and Director | ◇ | — | — | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Robert Enslin President, Chief Commercial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Douglas Robinson Executive Advisor and Former Co-President Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Carl Eschenbach Chief Executive Officer and Director | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aneel Bhusri Co-Founder and Executive Chair | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Sayan Chakraborty Executive Advisor | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Zane Rowe Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Richard Sauer Chief Legal Officer and Head of Corporate Affairs | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Gerrit Kazmaier President, Product and Technology | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Carl Eschenbach Chief Executive Officer and Director Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Aneel Bhusri Co-Founder and Executive Chair | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Zane Rowe Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Richard Sauer Chief Legal Officer and Head of Corporate Affairs | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.
Equity awards granted
Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2026
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Aneel Bhusri | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Aneel Bhusri | PSU | ◇ | — | — | — | — | — | ◇ |
| Carl Eschenbach | PSU | ◇ | — | — | — | — | — | ◇ |
| Carl Eschenbach | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gerrit Kazmaier | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gerrit Kazmaier | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Richard Sauer | PSU | ◇ | — | — | — | — | — | ◇ |
| Richard Sauer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Zane Rowe | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Zane Rowe | PSU | ◇ | — | — | — | — | — | ◇ |
Fiscal 2023, 2024, 2025 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.
Outstanding awards
Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Gerrit Kazmaier | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Carl Eschenbach | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Zane Rowe | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Richard Sauer | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Aneel Bhusri | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — |
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Severance and change in control
The terms as written in the agreements.
Richard Sauer
Chief Legal Officer and Head of Corporate Affairs · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance cash amount | ◇ |
Aneel Bhusri
Co-Founder and Executive Chair · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
| Benefits continuation | ◇ |
Zane Rowe
Chief Financial Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Change-in-control multiple | ◇ |
| Equity acceleration on change in control | ◇ |
| Benefits continuation on change in control | ◇ |
Gerrit Kazmaier
President, Product and Technology · Terms as described in the company’s compensation discussion · citing a 2026 filing
| Severance multiple | ◇ |
| Severance base | ◇ |
| Severance cash amount | ◇ |
| Change-in-control multiple | ◇ |
| Change-in-control base | ◇ |
Carl Eschenbach
Chief Executive Officer and Director · Severance agreement
| Severance multiple | ◇ |
| Severance cash amount | ◇ |
| Change-in-control trigger | ◇ |
| Benefits continuation | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Rhonda J. Morris | — | ◇ | — | — | — | — | ◇ |
Mark J. Hawkins Lead independent director | — | ◇ | — | — | — | — | ◇ |
Michael M. McNamara | — | ◇ | — | — | — | — | ◇ |
George J. Still, Jr | — | ◇ | — | — | — | — | ◇ |
Jerry Yang | — | ◇ | — | — | — | — | ◇ |
George J. Still Jr | — | ◇ | — | — | — | — | ◇ |
Thomas F. Bogan | — | ◇ | — | — | — | — | ◇ |
Lynne M. Doughtie | — | ◇ | — | — | — | — | ◇ |
Michael L. Speiser | — | ◇ | — | — | — | — | ◇ |
Elizabeth Centoni | — | ◇ | — | — | — | — | ◇ |
Wayne A.I. Frederick, M.D | — | ◇ | — | — | — | — | ◇ |
Carl M. Eschenbach and Aneel Bhusri served on the board in fiscal 2026 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.
Director fee schedule
The standing retainers and premiums the board pays, as published.
| Board cash retainer | ◇ |
| Board equity retainer | ◇ |
| Total board retainer | ◇ |
| Board chair premium | ◇ |
| Lead independent director premium | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as restricted stock units.
Disclosed peer group
The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
- Adobe Inc. ADBE
- Atlassian Corporation TEAM
- Autodesk, Inc. ADSK
- Block, Inc. XYZ
- Crowdstrike Holdings, Inc. CRWD
- Electronic Arts Inc. EA
- Intuit Inc. INTU
- Palantir Technologies Inc. PLTR
- Palo Alto Networks, Inc. PANW
- PayPal Holdings, Inc. PYPL
- Salesforce, Inc. CRM
- ServiceNow, Inc. NOW
- Shopify Inc. SHOP
- Snowflake Inc. SNOW
- Zoom Video Communications, Inc. ZM
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2026 | June 16, 2026 | = | ◇ | ◇ | ◇ |
| 2025 | June 4, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | June 18, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | June 22, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | June 22, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | June 8, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | June 9, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | June 18, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | June 20, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
What this page does not include
Everything above is a fact Workday disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Workday sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
303 figures on this page: 294 cited to the filing that reported them, 9 calculated from figures it prints.
294 cited to the filing
9 calculated from the filing
Documents cited
- 0001327811-26-000031Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-26-055687CEO Pay Ratio · Compensation Discussion and Analysis · Grants of Plan-Based Awards in Fiscal 2026 · Non-Employee Director Compensation · and 2 more sections
- 0001327811-26-000007Employment Agreement
- 0001327811-25-000139
- 0001104659-25-038009Compensation Discussion and Analysis · SUMMARY COMPENSATION TABLE
- 0001327811-24-000106
- 0001104659-24-058010SUMMARY COMPENSATION TABLE · Summary Compensation Table
- 0001327811-23-000118
- 0001104659-23-058429SUMMARY COMPENSATION TABLE · Summary Compensation Table
- 0001327811-22-000116
- 0001327811-21-000110
- 0001327811-20-000097
- 0001193125-19-177578
- 0001193125-18-202475
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Workday executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/WDAY (accessed 2026).
Short form: data: Velarion
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Tech — Software rankings
Peers Workday discloses
The companies named in WDAY's own disclosed peer group.
Terms on this page
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
author = {{Velarion Company Intelligence}},
title = {Velarion database: executive and board compensation data},
year = {2026},
version = {2026Q3},
doi = {10.5281/zenodo.22283854},
publisher = {Zenodo},
url = {https://doi.org/10.5281/zenodo.22283854}
}