Co-CEO Carl M. Eschenbach just bought $2.1 million worth of shares of software firm Workday.
Workday stock has soared this year, and co-CEO Carl M. Eschenbach recently picked up a large block of shares of the cloud-software company.
Eschenbach paid $2.1 million on Aug. 29 for a total of 8,676 Workday shares, an average price of $240.44 each. According to a form he filed with the Securities and Exchange Commission, Eschenbach made the purchases through a family trust that now holds 20,222 shares. He also owns 666,852 Workday shares in a personal account.
Eschenbach didn’t respond to a request for comment. He has been a Workday director since February 2018, and co-CEO since December 2022. A former general partner at venture capital firm Sequoia Capital Operations, Eschenbach remains a venture partner at that firm.
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