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Carl Eschenbach takes over as CEO for Workday

HR TODAYbyHR TODAY
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Carl Eschenbach has taken the helm as CEO of Workday, a leading provider of enterprise cloud applications for finance and human resources, effective February 1, 2024. His appointment follows a period of significant achievements and growth for Workday, including surpassing 65 million users under contract, hosting its largest annual user conferences, and reaching over $1 billion in annual recurring revenue (ARR) for its EMEA business. Workday has been recognized for its company culture and innovation, being named among the Best Companies for Women, Best Company Culture, and Best CEOs​​.

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Eschenbach’s appointment signifies a strategic move for Workday, leveraging his extensive experience in the technology sector. Before joining Workday, Eschenbach was a prominent figure at Sequoia Capital, leading major deals for high-growth companies like Zoom and Snowflake. His tenure at Sequoia and roles in other tech companies, including a significant stint as president and COO of VMware, underscore his leadership and operational expertise​​.

Eschenbach’s vision for Workday focuses on customer service, innovation, and maintaining a values-based approach to leadership. He aims to build on Workday’s momentum, taking advantage of the vast opportunities in the enterprise software industry. His philosophy revolves around integrity, teamwork, and a relentless push towards making impactful contributions to business, personal growth, and the broader community​​.

The transition in leadership comes at a time when Workday continues to expand its footprint globally and innovate its product offerings. With a solid foundation laid by his predecessors and a clear path toward leveraging cloud innovation and strategic partnerships, Eschenbach is poised to steer Workday into its next growth phase, focusing on further solidifying its market position and driving forward its mission and values​​​​.

This change marks a significant milestone for Workday, reflecting the company’s past achievements and future aspirations under Eschenbach’s leadership. His background, combining operational excellence with strategic venture capital insight, uniquely positions him to navigate the challenges and opportunities ahead for Workday in the ever-evolving enterprise software landscape.

Tags: Aneel BhusriArtificial IntelligenceBusiness TransformationCarl EschenbachCloud Computing InnovationCorporate Strategy and VisionDARWINBOXEnterprise Cloud ApplicationsEnterprise Software MarketFinancial Management SoftwareFortune 500Human Resources TechnologyLeadership TransitionMachine LearningMICROSOFTSaaS (Software as a Service)Sequoia CapitalTechnology Industry LeadershipWorkDayWorkday CEOWorkday Growth Strategy
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