Workday, Inc. Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by Workday, Inc. on June 20, 2017. The filing details the voting results for three proposals presented to shareholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity metrics. This report focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
Shareholders representing 98.01% of eligible votes attended the meeting. All three proposals were approved with overwhelming support:
- Director Elections: Three Class II directors (Christa Davies, Michael A. Stankey, and George J. Still) were elected to serve until the 2020 annual meeting. Support ranged from 98.01% to 99.75% of votes cast.
- Auditor Ratification: Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the fiscal year ending January 31, 2018, with 99.90% of votes in favor.
- Executive Compensation: The advisory vote on named executive officer compensation passed with 99.32% of votes in favor.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for financial guidance, management outlook, specific risks, contingencies, or unusual items. The document is limited to the certification of voting results.
Key Facts for Investor Verification
- Verify the tenure of the newly elected Class II directors (Christa Davies, Michael A. Stankey, George J. Still) through the 2020 annual meeting.
- Confirm the engagement of Ernst & Young LLP for the fiscal year ending January 31, 2018.
- Note the high level of shareholder approval (over 98%) for all governance proposals, indicating strong alignment with management.