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Workiva reshapes board with new independent leadership

Story Highlights
  • Workiva restructured its board in late January 2026, with Lead Independent Director David Mulcahy resigning and Suku Radia appointed as his successor.
  • The company expanded its board to eight members by appointing veteran finance leaders Scott Herren and Mark Peek, reinforcing strategic focus on growth and AI-driven reporting solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Workiva reshapes board with new independent leadership

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The latest update is out from Workiva ( (WK) ).

On January 27–28, 2026, Workiva announced a reshaping of its board, highlighted by the resignation of Lead Independent Director David S. Mulcahy and the appointment of Suku Radia as his successor, while simultaneously expanding the board to eight members. Former Cisco and Autodesk CFO Scott Herren will join as an independent Class III director effective March 2026, and former Workday co-president and CFO Mark Peek will join as an independent Class I director effective June 2026, both bringing extensive experience in scaling high‑growth SaaS and enterprise technology companies and in leading complex financial and operational transformations. The addition of these veteran finance and technology operators, alongside the leadership transition in the lead independent director role, is poised to strengthen Workiva’s board oversight, deepen its strategic focus on the office of the CFO, and support the company’s efforts to pursue sustained growth and shareholder value in an increasingly AI‑driven reporting and compliance market.

The most recent analyst rating on (WK) stock is a Buy with a $113.00 price target. To see the full list of analyst forecasts on Workiva stock, see the WK Stock Forecast page.

Spark’s Take on WK Stock

According to Spark, TipRanks’ AI Analyst, WK is a Neutral.

Workiva’s overall stock score is driven by strong revenue growth and improved margins, as highlighted in the earnings call. However, significant financial risks due to high leverage and negative equity, along with valuation concerns, weigh heavily on the score. The technical indicators suggest a neutral market sentiment, while the absence of a dividend yield further impacts the valuation negatively.

To see Spark’s full report on WK stock, click here.

More about Workiva

Workiva Inc. (NYSE: WK) is a provider of an AI-powered collaborative platform used by finance, accounting, sustainability, risk, and audit teams to enhance trust, transparency, and accountability in mission‑critical reporting and compliance work. Serving more than 6,500 organizations, including over 85% of Fortune 1,000 companies, Workiva focuses on connecting data, unifying processes, and empowering teams in a secure, audit‑ready environment across financial reporting, GRC, and sustainability use cases.

Average Trading Volume: 668,214

Technical Sentiment Signal: Sell

Current Market Cap: $4.66B

Learn more about WK stock on TipRanks’ Stock Analysis page.

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