Aneel Bhusri Returns as CEO of Workday in Major Leadership Shift

Workday Announces Leadership Change

Workday, Inc., a leading AI platform for HR, finance, and agents, has announced a major shift in its leadership. Aneel Bhusri, co-founder and Executive Chair of the company, is set to return as CEO, taking over from Carl Eschenbach, who has led the company through significant expansions and changes.

Eschenbach’s tenure has been marked by an aggressive growth strategy and a focus on global outreach, establishing Workday as a key player in the AI-driven enterprise software market. His departure from the CEO position comes as Bhusri is stepping back into the role, bringing his vision and experience to navigate the rapidly evolving landscape of AI technology.

Mark Hawkins, Workday’s Vice Chair and Lead Independent Director, praised both leaders, highlighting Bhusri's deep understanding of Workday’s culture. Hawkins emphasized that as the world enters a pivotal era shaped by AI, Bhusri’s leadership will be instrumental in steering the company towards new heights.

In a statement, Aneel Bhusri expressed gratitude for Eschenbach's leadership during a critical phase for Workday. He acknowledged that the company is currently at a vital turning point, where the advancements in AI will redefine how businesses operate. Bhusri mentioned his excitement for collaborating with Gerrit Kazmaier, President of Product & Technology, and Rob Enslin, President & Chief Commercial Officer, as they look forward to leveraging new opportunities in the market.

Reflecting on his time as CEO, Eschenbach shared that he was honored to lead the company for the past three years. He noted that significant achievements were made, particularly in enhancing operational discipline and expanding global initiatives. Eschenbach will continue to play a vital role in supporting Bhusri and Workday as a strategic advisor.

This leadership transition, effective from the start of the fiscal year 2027, positions Workday to further its goals in an increasingly competitive environment.

Upcoming Financial Outlook

In connection with its leadership announcement, Workday has reaffirmed its financial outlook for the fourth quarter and full fiscal year of 2026. According to a filing with the US Securities and Exchange Commission (SEC), these projections align with previously shared estimates from the company’s third quarter earnings call held on November 25, 2025. While the business anticipates maintaining its projected performance, it highlighted that these figures may evolve post-audit and are based on preliminary financial information.

Workday is scheduled to announce its fourth quarter and full-year results on February 24, 2026, after market close, which will provide further insight into its ongoing financial performance. The company assures stakeholders that it remains committed to transparency, reporting substantial developments in its operational ventures as it embarks on this new chapter in leadership.

About Workday

Founded with the belief that workplaces can be transformed, Workday provides an integrated AI platform for HR and financial operations. By combining these critical functions into one intelligent system, Workday enables businesses to adapt swiftly to change, ensuring decision-making clarity and insight for impactful outcomes.

Over 11,000 organizations worldwide, including more than 65% of Fortune 500 companies, rely on Workday’s services. Learn more about the capabilities and vision of Workday on their official website.

Disclaimer

This press release contains forward-looking statements that pertain to Workday's leadership, growth, and transformation initiatives. These statements are based on current beliefs, expectations, and estimates and are subject to change due to inherent risks and uncertainties.