ALL CHANGE AT WORKDAY AS CEO BHUSRI PAVES WAY FOR SUCCESSOR

Workday has announced the appointment of Carl Eschenbach to co-CEO as part of a succession plan that will see Aneel Bhusri step back from the business. Chano Fernandez is also leaving Workday as of De- cember last year.

Eschenbach will serve as co-CEO alongside Bhusri, Workday’s co-founder and CEO, until January 2024, when it is expected that Eschenbach will assume control as sole CEO.

The new exec is a venture capitalist with strong technology experience. He has been a partner at Sequoia Capital since 2016, having worked closely with high-growth, innovative enterprise software organizations.

Commenting on the announcement, Bhusri said: “We have an incredible op- portunity in front of us and I’m confident that Carl, with his leadership skills and experience in helping technology companies scale, as well as his commitment to culture and values, will help lead Workday through its next phase of growth. Chano has been an integral part of Workday since he joined almost nine years ago and has helped us to achieve great success and growth. We thank him for his many contributions.”

Eschenbach added: “I’ve long admired Workday and how it has redefined the enterprise software industry, with a focus on putting people at the center, a values-based approach to leadership and a relentless focus on customer service and innovation. I’m thrilled to be expanding my role at Workday and working with Aneel, the leadership team and our amazing group of employees to help us build on this great momentum and take hold of the massive opportunity in front of us.”

Ey And Sap Partner To Drive Smart Chemical Digitization

EY has launched its Intelligent Chemicals Solution (ICS), to sup port chemical companies with innovative technologies across the chain and help prepare their businesses for the future through digital transformation.

Based on the latest version of SAP S/4HANA Cloud, the solution covers key chemi cal processes including: oduction planning and detailed scheduling, sales and service, enterprise asset management, multiesource scheduling, and environment, health and safety management. ICS also improves program design by taking an xperience-led approach to workshops.

IFS has announced its financial results for the full year, marking the fifth consecutive year the company has secured strong double-digit revenue growth.

Software revenue grew by 28 percent year-on-year to SEK 6.6bn. Cloud revenue growth was up 80 percent as existing and new customers switched to IFS Cloud, ac-