Dayforce Management

Management criteria checks 1/4

Dayforce's CEO is David Ossip, appointed in Nov 2023, has a tenure of 9.25 years. total yearly compensation is $13.59M, comprised of 5.9% salary and 94.1% bonuses, including company stock and options. directly owns 1.34% of the company’s shares, worth €160.51M. The average tenure of the management team and the board of directors is 1.2 years and 6.6 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	1.3%
Management average tenure	1.2yrs
Board average tenure	6.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Ossip's remuneration changed compared to Dayforce's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$53m
Jun 30 2024	n/a	n/a	US$47m
Mar 31 2024	n/a	n/a	US$52m
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 ($USD13.59M) is above average for companies of similar size in the German market ($USD4.86M).

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

CEO

David Ossip (57 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
David Ossip	Chairman & CEO	less than a year	US$13.59m	1.34% € 160.5m
Stephen Holdridge	President & COO	less than a year	US$6.57m	0.021% € 2.5m
Christopher Armstrong	Executive VP & Chief Customer Officer	less than a year	US$5.74m	0.055% € 6.6m
Samer Alkharrat	Executive VP & Chief Revenue Officer	1.4yrs	US$5.82m	0.010% € 1.2m
Jeremy Johnson	Executive VP & CFO	less than a year	no data	0.0010% € 122.9k
Jeffrey Jacobs	Head of Accounting & Financial Reporting	4.5yrs	no data	0.0079% € 947.8k
Joseph Korngiebel	Executive VP and Chief Strategy	4.3yrs	US$4.88m	0.056% € 6.7m
David Niederman	Vice President of Investor Relations	no data	no data	no data
William McDonald	Executive VP	3.3yrs	no data	0.024% € 2.8m
Eric Glass	Executive VP & Chief Marketing and Communications Officer	4.8yrs	no data	no data
Erik Zimmer	Executive VP of Corporate Development & Strategic Ventures	no data	US$4.45m	no data
Amy Cappellanti-Wolf	EVP & Chief People Officer	less than a year	no data	no data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Management: CQL's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
David Ossip	Chairman & CEO	9.3yrs	US$13.59m	1.34% € 160.5m
Thomas Hagerty	Independent Director	11.2yrs	US$307.50k	0.12% € 14.2m
Brent Bickett	Independent Director	10.9yrs	US$312.50k	0.063% € 7.5m
Deborah Farrington	Independent Director	5.6yrs	US$307.50k	0.011% € 1.3m
Ganesh Rao	Independent Director	11.2yrs	US$300.00k	0.034% € 4.0m
Andrea Rosen	Independent Director	6.3yrs	US$300.00k	0.0051% € 607.6k
Gerald Throop	Lead Independent Director	6.6yrs	US$370.00k	0.015% € 1.8m
Linda Mantia	Independent Director	4.4yrs	US$300.00k	0% € 0
Ronald Clarke	Independent Director	6.3yrs	US$300.00k	0.017% € 2.0m

6.6yrs

Average Tenure

62yo

Average Age

Experienced Board: CQL's board of directors are considered experienced (6.6 years average tenure).

Dayforce Management

Management criteria checks 1/4

Key information

Recent management updates

Dayforce Inc. Announces Executive Changes

Dayforce Inc. Announces Appointments of Amy Cappellanti-Wolf as EVP and Chief People Officer

Dayforce Inc., Annual General Meeting, Apr 26, 2024

Dayforce Inc., Annual General Meeting, Apr 26, 2024

Insufficient new directors

Ceridian HCM Holding Inc. Announces Executive Changes

Recent updates

New minor risk - Shareholder dilution

Dayforce Inc. Announces Dayforce Strategic Workforce Planning

Dayforce Inc. Provides Earnings Guidance for the Fourth Quarter of 2024, Full Year 2024 and Full Year 2025

Third quarter 2024 earnings released: EPS: US$0.013 (vs US$0.024 loss in 3Q 2023)

Dayforce Inc. to Report Q3, 2024 Results on Oct 30, 2024

Dayforce Inc.(NYSE:DAY) dropped from FTSE All-World Index (USD)

Dayforce Inc. Announces Executive Changes

Dayforce, Inc. Announces the Launch of A New Dayforce Learning Experience

Second quarter 2024 earnings released: US$0.011 loss per share (vs US$0.02 profit in 2Q 2023)

Dayforce Inc. (NYSE:DAY) announces an Equity Buyback for $500 million worth of its shares.

Dayforce Inc. to Report Q2, 2024 Results on Jul 31, 2024

New minor risk - Shareholder dilution

Dayforce, Inc. Continues Global Momentum with Launch of Dayforce Payroll in Singapore

Dayforce, Inc Releases Dayforce Partner Exchange

Dayforce Inc. Provides Earnings Guidance for the Second Quarter and Fiscal Year 2024

Now 22% undervalued after recent price drop

First quarter 2024 earnings released: EPS: US$0.045 (vs US$0.064 in 1Q 2023)

Dayforce Inc. Announces Appointments of Amy Cappellanti-Wolf as EVP and Chief People Officer

Now 21% undervalued after recent price drop

Dayforce Inc. to Report Q1, 2024 Results on May 01, 2024

Dayforce Inc., Annual General Meeting, Apr 26, 2024

Dayforce Inc., Annual General Meeting, Apr 26, 2024

Full year 2023 earnings released: EPS: US$0.35 (vs US$0.48 loss in FY 2022)

Insufficient new directors

Ceridian HCM Holding Inc. (NYSE:CDAY) entered into a definitive agreement to acquire eloomi A/S.

Ceridian HCM Holding Inc. to Report Q4, 2023 Results on Feb 07, 2024

Ceridian Announces Its Upcoming Retail Product Innovations

Ceridian HCM Holding Inc. Announces Executive Changes

Ceridian HCM Holding Inc. announced delayed 10-Q filing

Ceridian HCM Holding Inc. Announces Executive Changes, Effective November 10, 2023

Third quarter 2023 earnings released: US$0.024 loss per share (vs US$0.14 loss in 3Q 2022)

Swissport Selects Ceridian to Help Transform Global HR

Ceridian HCM Holding Inc. to Report Q3, 2023 Results on Nov 01, 2023

Ceridian Hcm Holding Inc. Introduces Dayforce Alumni Network

Ceridian HCM Holding Inc. Announces Next Generation of Dayforce Features, Powered by Artificial Intelligence

Insider recently sold €725k worth of stock

Now 20% undervalued

Ceridian Announces Management Changes

Ceridian HCM Holding Inc. Provides Earnings Guidance for the Third Quarter and Full Year 2023

New minor risk - Shareholder dilution

Second quarter 2023 earnings released: EPS: US$0.02 (vs US$0.13 loss in 2Q 2022)

Ceridian HCM Holding Inc. to Report Q2, 2023 Results on Aug 02, 2023

Insufficient new directors

Ceridian Appoints Sam Alkharrat as EVP and Chief Revenue Officer

Ceridian Announces Dayforce Career Explorer

Executive VP & COO recently sold €94k worth of stock

Forecast breakeven date pushed back to 2025

Ceridian HCM Holding Inc. Provides Revenue Guidance for the Second Quarter and Full Year 2023

First quarter 2023 earnings released: EPS: US$0.064 (vs US$0.18 loss in 1Q 2022)

Insider recently sold €210k worth of stock

Executive VP & COO recently sold €222k worth of stock

Executive VP & COO recently sold €281k worth of stock

Forecast to breakeven in 2023

Full year 2022 earnings released: US$0.48 loss per share (vs US$0.50 loss in FY 2021)

Forecast breakeven date moved forward to 2023

Ceridian HCM Holding Inc. Provides Earnings Guidance for the First Quarter and Full Year 2023

Ceridian HCM Holding Inc. to Report Fiscal Year 2022 Results on Feb 08, 2023

Executive VP & CFO recently sold €163k worth of stock

Third quarter 2022 earnings released: US$0.14 loss per share (vs US$0.14 loss in 3Q 2021)

Ceridian HCM Holding Inc. to Report Q3, 2022 Results on Nov 02, 2022

Insider recently sold €726k worth of stock

Second quarter 2022 earnings released: US$0.13 loss per share (vs US$0.17 loss in 2Q 2021)

Ceridian HCM Holding Inc. Provides Earnings Guidance for the Third Quarter of 2022 and Full Year of 2022

Ceridian HCM Holding Inc. to Report Q2, 2022 Results on Aug 03, 2022

Executive VP & COO recently sold €91k worth of stock

First quarter 2022 earnings released: US$0.18 loss per share (vs US$0.13 loss in 1Q 2021)

Ceridian HCM Holding Inc. Provides Earnings Guidance for the Second Quarter and Full Year 2022

Ceridian HCM Holding Inc. to Report Q1, 2022 Results on May 04, 2022

Executive VP & COO recently sold €162k worth of stock