Workday appoints Sequoia Capital’s Carl Eschenbach as co-CEO
US-based Software-as-a-Service (SaaS) giant Workday has appointed Carl Eschenbach as co-CEO, effective immediately.
Carl Eschenbach, Workday’s new co-CEO
Eschenbach replaces Chano Fernandez, who has stepped down as co-CEO and member of the Workday board.
In his new role, Eschenbach will serve alongside Workday’s co-founder and chair Aneel Bhusri through January 2024. It is then assumed he will take up sole CEO responsibilities while Bhusri transitions to a full-time role as executive chair.
With more than 35 years of experience working for technology companies, Eschenbach has served on Workday’s board since 2018. He has been a partner at Sequoia Capital since 2016 and will stay involved at the firm in a venture partner capacity. Prior to Sequoia, he held a number of leadership roles at VMware over a span of 14 years.
Commenting on the appointment, Bhusri says Eschenbach’s leadership skills and work experience will help “lead Workday through its next phase of growth”.
Founded in 2005 and based in California, Workday provides businesses with enterprise cloud applications for financial management, human resources, planning, spend management and analytics.
