Workday Names Gerrit Kazmaier President, Product and Technology
Rhea-AI Summary
Workday (NASDAQ: WDAY) has appointed Gerrit Kazmaier as president of product and technology, effective March 10, succeeding retiring executive Sayan Chakraborty. Kazmaier joins from Google Cloud, where he led the data analytics and business intelligence division and oversaw AI-ready data cloud strategy. Prior to Google, he spent nearly 11 years at SAP in various leadership roles, including president of SAP HANA and Analytics.
The appointment aims to drive Workday's next phase of innovation, particularly in AI transformation for HR and finance applications. CEO Carl Eschenbach praised Kazmaier's enterprise software experience and track record in cloud and AI transformation, while acknowledging Chakraborty's decade-long contributions to the company's innovation strategy.
Positive
- Strategic hire of experienced AI and cloud executive from Google Cloud
- Strengthening of AI and data analytics leadership
- Continuity in innovation strategy with planned succession
Negative
- Departure of long-term innovation leader Sayan Chakraborty
News Market Reaction
On the day this news was published, WDAY gained 6.22%, reflecting a notable positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Former Google and SAP Executive Joins Workday to Lead Global Innovation Strategy
Sayan Chakraborty to Retire from Workday After a Decade of Transformative Leadership
Kazmaier brings extensive experience driving innovation in enterprise software. He joins Workday from Google Cloud, where he led the data analytics and business intelligence division, overseeing the organization's AI-ready data cloud strategy. Before Google, Kazmaier spent nearly 11 years at SAP in various leadership roles, including president of SAP HANA and SAP's Analytics.
"Gerrit's strong enterprise software experience and a proven track record in cloud and AI transformation, make him the perfect person to lead the next chapter of Workday's innovation," said Workday CEO Carl Eschenbach. "We are grateful to Sayan for being a driving force for our innovation strategy for the past 10 years, and we look forward to building on his great work under Gerrit's leadership."
"Just as they did with the cloud, Workday has incredible potential to again redefine HR and finance with AI, and I am thrilled to be part of that journey," said Gerrit Kazmaier, president, product and technology, Workday. "Workday has the unique combination of a powerful AI platform and best-in-class applications to truly revolutionize the way we work. I look forward to joining my fellow Workmates and our valued partners as we unlock these opportunities for customers around the world."
Kazmaier's appointment will be effective as of March 10.
About Workday
Workday is the AI platform that helps organizations manage their most important assets – their people and money. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than
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Forward Looking Statements
This press release contains forward-looking statements including, among other things, statements regarding Workday's leadership, innovation, transformation, and potential. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ("SEC"), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law.
Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available.
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SOURCE Workday Inc.
FAQ
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