Summary by Futu AI
Workday announced the appointment of Liz Centoni, Executive Vice President and Chief Customer Experience Officer at Cisco, as a Class III director effective December 3, 2024. Centoni will serve until Workday's 2027 Annual Meeting of Stockholders and will receive a one-time RSU grant of $750,000 with a four-year vesting schedule.Centoni brings extensive strategic and operational experience in technology, particularly in AI and machine learning. She currently leads customer experience at Cisco, where she previously served as EVP, Chief Strategy Officer, and GM of Applications. In 2024, she led Cisco's $28 billion Splunk acquisition and developed the company's responsible AI framework.The appointment strengthens Workday's board with Centoni's customer success expertise and technology leadership. Notably, Cisco is a significant Workday customer, having made payments of approximately $13.1 million in fiscal year 2024 and $10.1 million in the first nine months of fiscal 2025 through arms-length agreements.