Workday Appoints New Board Member, Secures New Financing

We recently filed a Form 8-K with the U.S. Securities and Exchange Commission that includes two exciting updates: the addition of Michael C. Bush, CEO of Great Place to Work (GPTW), to our board of directors, and the closing of a $750,000,000 term loan facility and a $750,000,000 revolving credit facility.

Given this unprecedented time and the current environment we’re all navigating together, we wanted to provide more insights on what these important updates mean for Workday and how they’ll help build on our strong culture and financial position.

New Board Appointment

Why did Workday select Michael C. Bush to be on our board of directors?

As part of our ongoing efforts and partnership with GPTW, Workday leaders have long admired and respected Michael C. Bush. Given his understanding of the impact of a workplace’s culture on a company’s performance; his expertise in helping build great places to work for all; and his deep knowledge of techniques, real-world examples, and the need for stakeholder alignment on the topic; Michael will be a great addition to our board of directors.   

We are also still actively searching for a third female board member, as part of California’s law mandating boards with six

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