Workiva Announces Two New Appointments to Board of Directors
MWN-AI** Summary
Workiva Inc. (NYSE: WK), a prominent provider of AI-powered solutions for trust and transparency in business processes, has announced two important appointments to its Board of Directors. Scott Herren, the former Chief Financial Officer (CFO) of Cisco, and Mark Peek, the ex-CFO and Co-President of Workday, are the newest independent directors who will bolster the company's leadership team.
Scott Herren brings a wealth of experience from his tenure at Cisco, where he led finance and operational functions from 2020 to 2025. He previously served as CFO at Autodesk, where he played a key role in transforming the company’s business model and global financial strategy. Herren will officially join Workiva's Board on March 2, 2026, with a term set to conclude at the annual stockholder meeting later that year. In remarks about his appointment, Herren emphasized the necessity for modern CFOs to have a foundation of transparency and trust, qualities he believes Workiva excels in delivering through its platform.
Mark Peek, who will join the Board on June 1, 2026, has extensive operational expertise from his time at Workday, where he held multiple senior roles over a thirteen-year career. His prior experience includes leadership positions at VMware and Amazon. Peek highlighted Workiva's potential to provide significant value across various domains including Financial Reporting and Sustainability, indicating a keen alignment with the evolving needs of CFOs in an increasingly digital landscape.
These appointments come as David Mulcahy, the Lead Independent Director, resigns from the Board, reducing its size to eight directors. Suku Radia has been appointed as the new Lead Independent Director. The addition of Herren and Peek is seen as pivotal as Workiva aims for sustained growth and enhanced shareholder value.
MWN-AI** Analysis
Workiva Inc. (NYSE: WK), a key player in AI-powered financial and business reporting solutions, has announced the addition of two seasoned executives, Scott Herren and Mark Peek, to its Board of Directors. This strategic move reinforces Workiva’s commitment to enhancing shareholder value and scaling its operations in a competitive market.
Scott Herren's extensive experience—including his roles as CFO at Cisco and Autodesk—positions him to provide critical insights into financial strategy and operational efficiency. His track record in managing large-scale transformations and acquisitions will likely be invaluable as Workiva seeks to expand its footprint in the SaaS marketplace. This is particularly relevant given the increasing demand for transparency and efficiency in financial operations, amplified by the integration of AI technologies.
Mark Peek complements Herren's financial expertise with his operational know-how from leading roles at Workday and VMware. His understanding of financial technology dynamics will further bolster Workiva’s efforts to innovate in financial reporting and governance processes. Both Herren and Peek’s backgrounds signal a concerted effort by Workiva to enhance its governance structure and operational strategies.
For investors, these appointments are a positive indication of Workiva’s long-term growth trajectory. The market often reacts favorably to leadership changes that bring seasoned expertise, and the emphasis on operational excellence and financial discipline serves as a boost to investor confidence. Moreover, as Workiva continues to cater to over 85% of Fortune 1,000 companies, the strategic oversight from such experienced board members is likely to strengthen its market position.
In conclusion, investors should view these appointments as a significant step toward elevating Workiva’s operational capabilities and future growth prospects. It's prudent to keep an eye on upcoming performance metrics and strategic initiatives that could arise from these leadership changes. The stock may present a buy opportunity, particularly if it can leverage its new board members' expertise effectively.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Company Appoints Former Cisco and Autodesk CFO Scott Herren and Former Workday Co-President, CFO, and EVP Mark Peek
Workiva Inc. (NYSE: WK), a leading, AI-powered platform for trust, transparency, and accountability, today announced the appointment of two new independent directors to its Board of Directors. Scott Herren is the former EVP and Chief Financial Officer of Cisco and current Board member and Audit Committee Chair at Rubrik (NYSE: RBRK). Mark Peek is a former EVP, CFO, and Co-President of Workday (NASDAQ: WDAY) and currently sits on the Board of Directors for SentinelOne (NYSE: S) and Trimble (NASDAQ: TRMB).
“We are pleased to welcome two highly experienced SaaS leaders to our Board of Directors,” said Julie Iskow, Workiva President and Chief Executive Officer. “Scott and Mark bring deep expertise in scaling high-growth public technology companies, strengthening financial discipline, and driving operational excellence. Their leadership will be instrumental as we pursue sustained growth, execute on our market opportunity, and focus on shareholder value.”
Workiva Appoints Veteran Finance Leader Scott Herren to Board
As CFO of Cisco, Herren led finance and procurement, alongside operational leadership responsibilities such as corporate development and acquisition integration functions from 2020 to 2025. Prior to Cisco, Herren was CFO at Autodesk for six years, where he was instrumental in orchestrating Autodesk’s business model transformation. He led the company’s global financial strategy including operations, corporate development, financial systems, tax and treasury, as well as the company’s procurement organizations. Prior to Autodesk, Herren held both finance and operational leadership roles across 14 years at Citrix Systems.
“Modern CFOs require more than just data; they need a foundation of transparency and trust. Workiva is uniquely positioned to deliver this through its AI-powered platform,” said Scott Herren, incoming Independent Director, Workiva Board of Directors. “I am thrilled to partner with the team as Workiva accelerates its mission to deliver successful outcomes for the office of the CFO in a rapidly evolving market.”
Effective March 2, 2026, Herren will join Workiva’s Board of Directors as an independent director, with a term ending at the annual meeting of stockholders to be held in 2026.
Seasoned Technology Operator Mark Peek Appointed to Workiva Board ?
Peek most recently served as Executive Vice President at Workday, from 2018 until May 2025. During his thirteen-year tenure, he held several pivotal operational roles, including Co-President, Chief Financial Officer, and Managing Director of Workday Ventures. Previously, Mr. Peek served as President of Business Operations and CFO at VMware, following seven years as Chief Accounting Officer at Amazon. He began his career with a 19-year tenure at Deloitte, including a decade as an audit partner.
“The Workiva platform has the opportunity to deliver measurable value across Financial Reporting, GRC, and Sustainability, which resonates deeply with CFOs who are modernizing their processes to unlock the potential of AI,” said Mark Peek, incoming Independent Director, Workiva Board of Directors. “Companies trust Workiva’s differentiated approach to power performance, enable transparency, and build trust at every step.”
Effective June 1, 2026, Peek will join Workiva’s Board of Directors as an independent director, with a term ending at the annual meeting of stockholders to be held in 2027.
David Mulcahy, Lead Independent Director and a member of the Audit and Compensation Committees, resigned from the Workiva Board of Directors, effective January 27, 2026. With this departure and the addition of both Herren and Peek, the Workiva board will consist of eight directors. Independent directors of Workiva’s board appointed Suku Radia as the new Lead Independent Director.
For more information about Workiva’s board, visit here .
About Workiva
Workiva Inc. (NYSE: WK) powers trust, transparency, and accountability. Finance, accounting, sustainability, risk and audit teams from more than 6,500 organizations, including over 85% of Fortune 1,000 companies rely on Workiva for their mission-critical work. We transform how customers connect data, unify processes, and empower teams in a secure, audit-ready, AI-powered collaborative platform. Learn more at workiva.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20260128298109/en/
Media:
Bill Bode
Workiva Inc.
press@workiva.com
Investor:
Katie White
Workiva Inc.
investor@workiva.com
FAQ**
How will Scott Herren's experience as the former CFO of Cisco and his role at Rubrik Inc. Class A RBRK influence Workiva’s financial strategy moving forward?
What synergies does Workiva anticipate leveraging from Mark Peek's extensive background at Workday and VMware to enhance their AI-powered platform?
How does Workiva plan to utilize the insights from Herren and Peek to drive operational excellence and shareholder value amidst growing competition in the SaaS sector?
With David Mulcahy's resignation, what strategic changes do you foresee in Workiva’s governance structure with the new independent directors, especially concerning relationships with firms like Rubrik Inc. Class A RBRK?
**MWN-AI FAQ is based on asking OpenAI questions about Sprint Corporation (NYSE: S).
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