Dayforce Management
Management criteria checks 3/4
Dayforce's CEO is David Ossip, appointed in Nov 2023, has a tenure of less than a year. total yearly compensation is $13.59M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 1.36% of the company’s shares, worth CA$172.62M. The average tenure of the management team and the board of directors is 2.2 years and 6 years respectively.
Key information
David Ossip
Chief executive officer
US$13.6m
Total compensation
| CEO salary percentage | 5.9% |
| CEO tenure | less than a year |
| CEO ownership | 1.4% |
| Management average tenure | 2.2yrs |
| Board average tenure | 6yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$14m | US$800k | US$55m |
| Sep 30 2023 | n/a | n/a | US$4m |
| Jun 30 2023 | n/a | n/a | -US$13m |
| Mar 31 2023 | n/a | n/a | -US$36m |
| Dec 31 2022 | US$11m | US$800k | -US$73m |
| Sep 30 2022 | n/a | n/a | -US$78m |
| Jun 30 2022 | n/a | n/a | -US$78m |
| Mar 31 2022 | n/a | n/a | -US$84m |
| Dec 31 2021 | US$11m | US$775k | -US$75m |
| Sep 30 2021 | n/a | n/a | -US$83m |
| Jun 30 2021 | n/a | n/a | -US$63m |
| Mar 31 2021 | n/a | n/a | -US$32m |
| Dec 31 2020 | US$33m | US$700k | -US$4m |
| Sep 30 2020 | n/a | n/a | US$12m |
| Jun 30 2020 | n/a | n/a | US$75m |
| Mar 31 2020 | n/a | n/a | US$76m |
| Dec 31 2019 | US$30m | US$700k | US$79m |
| Sep 30 2019 | n/a | n/a | US$89m |
| Jun 30 2019 | n/a | n/a | US$34m |
| Mar 31 2019 | n/a | n/a | -US$29m |
| Dec 31 2018 | US$12m | US$700k | -US$42m |
| Sep 30 2018 | n/a | n/a | -US$8m |
| Jun 30 2018 | n/a | n/a | -US$38m |
| Mar 31 2018 | n/a | n/a | -US$10m |
| Dec 31 2017 | US$18m | US$517k | -US$11m |
Compensation vs Market: David's total compensation ($USD13.59M) is above average for companies of similar size in the Canadian market ($USD4.41M).
Compensation vs Earnings: David's compensation has been consistent with company performance over the past year.
CEO
David Ossip (56 yo)
less than a year
Tenure
US$13,591,865
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | less than a year | US$13.59m | 1.36% $ 172.6m | |
| Executive VP & COO | 2.2yrs | US$5.74m | 0.056% $ 7.1m | |
| President of Customer & Revenue Operations | 2.2yrs | US$6.57m | 0.027% $ 3.4m | |
| Executive VP & Chief Revenue Officer | less than a year | US$5.82m | 0.00016% $ 20.3k | |
| Executive VP & CFO | less than a year | no data | 0.0010% $ 133.0k | |
| Head of Accounting & Financial Reporting | 3.9yrs | no data | 0.0081% $ 1.0m | |
| Executive VP and Chief Product & Technology Officer | 3.7yrs | US$4.88m | 0.057% $ 7.2m | |
| Chief Information Officer | 3yrs | no data | no data | |
| Executive VP Corporate Development and Head of M&A & Investor Relations | 2.1yrs | US$4.45m | no data | |
| Executive VP | 2.8yrs | no data | 0.023% $ 3.0m | |
| Executive VP & Chief Marketing and Communications Officer | 4.3yrs | no data | no data | |
| Executive VP & Chief Strategy Officer | less than a year | no data | no data |
2.2yrs
Average Tenure
54yo
Average Age
Experienced Management: DAY's management team is considered experienced (2.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 8.7yrs | US$13.59m | 1.36% $ 172.6m | |
| Independent Director | 10.6yrs | US$307.50k | 0.12% $ 15.2m | |
| Independent Director | 10.3yrs | US$312.50k | 0.064% $ 8.1m | |
| Independent Director | 5yrs | US$307.50k | 0.011% $ 1.5m | |
| Independent Director | 10.6yrs | US$300.00k | 0.031% $ 3.9m | |
| Independent Director | 5.8yrs | US$300.00k | 0.0042% $ 531.9k | |
| Lead Independent Director | 6yrs | US$370.00k | 0.015% $ 1.9m | |
| Independent Director | 3.8yrs | US$300.00k | 0% $ 0 | |
| Independent Director | 5.8yrs | US$300.00k | 0.017% $ 2.1m |
6.0yrs
Average Tenure
61yo
Average Age
Experienced Board: DAY's board of directors are considered experienced (6 years average tenure).