Workday founder Aneel Bhusri’s $139 million CEO comeback deal hinges on a five-year stock test
Workday co-founder Aneel Bhusri will receive stock awards valued at $135 million as he returns as CEO, with $75 million tied to share-price targets, a regulatory filing showed. Bhusri’s agreement with co-founder David Duffield gives them control of about 68% of voting power. Workday shares have dropped 51% from their peak, erasing $40 billion in value. Fiscal fourth-quarter and full-year results are due Feb. 24.