Dayforce Inc.

TSX:DAY Stock Report

Market Cap: CA$12.7b

Dayforce Management

Management criteria checks 1/4

Dayforce's CEO is David Ossip, appointed in Nov 2023, has a tenure of 1.5 years. total yearly compensation is $18.60M, comprised of 4.3% salary and 95.7% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth CA$169.94M. The average tenure of the management team and the board of directors is 1.7 years and 7.1 years respectively.

Key information

David Ossip

Chief executive officer

US$18.6m

Total compensation

CEO salary percentage4.3%
CEO tenure1.5yrs
CEO ownership1.3%
Management average tenure1.7yrs
Board average tenure7.1yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Ossip's remuneration changed compared to Dayforce's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024US$19mUS$800k

US$18m

Sep 30 2024n/an/a

US$53m

Jun 30 2024n/an/a

US$47m

Mar 31 2024n/an/a

US$52m

Dec 31 2023US$14mUS$800k

US$55m

Sep 30 2023n/an/a

US$4m

Jun 30 2023n/an/a

-US$13m

Mar 31 2023n/an/a

-US$36m

Dec 31 2022US$11mUS$800k

-US$73m

Sep 30 2022n/an/a

-US$78m

Jun 30 2022n/an/a

-US$78m

Mar 31 2022n/an/a

-US$84m

Dec 31 2021US$11mUS$775k

-US$75m

Sep 30 2021n/an/a

-US$83m

Jun 30 2021n/an/a

-US$63m

Mar 31 2021n/an/a

-US$32m

Dec 31 2020US$33mUS$700k

-US$4m

Sep 30 2020n/an/a

US$12m

Jun 30 2020n/an/a

US$75m

Mar 31 2020n/an/a

US$76m

Dec 31 2019US$30mUS$700k

US$79m

Sep 30 2019n/an/a

US$89m

Jun 30 2019n/an/a

US$34m

Mar 31 2019n/an/a

-US$29m

Dec 31 2018US$12mUS$700k

-US$42m

Compensation vs Market: David's total compensation ($USD18.60M) is above average for companies of similar size in the Canadian market ($USD4.78M).

Compensation vs Earnings: David's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.

CEO

David Ossip (57 yo)

1.5yrs

Tenure

US$18,596,544

Compensation

Mr. David D. Ossip serves as an Independent Director at Dragoneer Growth Opportunities Corp. II. He has been an Independent Director of Dragoneer Growth Opportunities Corp. III since March 22, 2021. He ser...

Leadership Team

NamePositionTenureCompensationOwnership
David Ossip
Chairman & CEO1.5yrsUS$18.60m1.34%
CA$ 169.9m
Stephen Holdridge
President & COOless than a yearUS$9.25m0.044%
CA$ 5.6m
Jeremy Johnson
Executive VP & CFO1.3yrsUS$5.16m0.013%
CA$ 1.6m
Joseph Korngiebel
Executive VP and Chief Strategy4.8yrsUS$8.23m0.079%
CA$ 10.0m
Christopher Armstrong
Executive VP & Chief Customer Officerless than a yearUS$7.26m0.081%
CA$ 10.2m
Samer Alkharrat
Executive VP & Chief Revenue Officer1.9yrsUS$5.68m0.016%
CA$ 2.0m
Jeffrey Jacobs
Head of Accounting & Financial Reporting5yrsno data0.013%
CA$ 1.6m
David Niederman
Vice President of Investor Relationsno datano datano data
William McDonald
Executive VP3.8yrsno data0.036%
CA$ 4.5m
Eric Glass
Executive VP and Chief Marketing & Communications Officer5.3yrsno datano data
Erik Zimmer
Executive VP of Corporate Development & Strategic Venturesno dataUS$4.45mno data
Amy Cappellanti-Wolf
Executive VP & Chief People Officer1.1yrsno datano data

1.7yrs

Average Tenure

55yo

Average Age

Experienced Management: DAY's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
David Ossip
Chairman & CEO9.8yrsUS$18.60m1.34%
CA$ 169.9m
Thomas Hagerty
Independent Director11.7yrsUS$307.50k0.12%
CA$ 15.4m
Brent Bickett
Independent Director11.4yrsUS$312.50k0.063%
CA$ 8.0m
Deborah Farrington
Independent Director6.1yrsUS$307.50k0.012%
CA$ 1.5m
Ganesh Rao
Independent Director11.7yrsUS$300.00k0.031%
CA$ 3.9m
Andrea Rosen
Independent Director6.8yrsUS$300.00k0.0054%
CA$ 681.1k
Gerald Throop
Lead Independent Director7.1yrsUS$370.00k0.015%
CA$ 1.9m
Linda Mantia
Independent Director4.9yrsUS$300.00k0%
CA$ 0
Ronald Clarke
Independent Director6.8yrsUS$300.00k0.019%
CA$ 2.5m

7.1yrs

Average Tenure

62yo

Average Age

Experienced Board: DAY's board of directors are considered experienced (7.1 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/01 22:24
End of Day Share Price 2025/05/01 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Dayforce Inc. is covered by 33 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mark MarconBaird
Raimo LenschowBarclays
Keith BachmanBMO Capital Markets Equity Research