David D. Ossip, the CEO of Dayforce Inc., is a tech executive with a solid background in innovation and leadership. Born in 1973, he earned a Bachelor’s degree in Computer Science from the University of Toronto. Under his guidance, Dayforce...

David D. Ossip, the CEO of Dayforce Inc., is a tech executive with a solid background in innovation and leadership. Born in 1973, he earned a Bachelor’s degree in Computer Science from the University of Toronto. Under his guidance, Dayforce has seen impressive growth, particularly in cloud revenue and financial metrics like Adjusted EBITDA. Ossip emphasizes performance-based compensation, which aligns his interests closely with company performance and shareholder value. His compensation package reflects this philosophy, earning over $13 million in 2023, which includes a significant amount in vested stock options. Interesting to note, Ossip had a strong track record in insider trading; he made numerous trades exceeding $700K in values, showcasing his commitment to the company's performance. As the company prepares for future challenges, David’s focus on technology and operational efficiency continues to drive Dayforce forward, indicating a robust strategy for sustained growth in the competitive tech landscape.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Dayforce CEOs

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David D. Ossip

CEO of Dayforce

Education

Bachelor's degree in Commerce from the University of Toronto and an MBA from the Rotman School of Management.

Field of Expertise

Business & Management

Sector of Economy

Technology

Born

January 1, 1967 - 58 years ago

CEO of Dayforce for

1 year 6 months (Nov 2023 - Present)

Previous Experience

CEO of Dayforce Corporation before its acquisition by Ceridian.

Rivals

Competitors/colleagues of David D. Ossip

Holdings

See how much did David D. Ossip make over time.

David D. Ossip is not just a leader but an active participant in the market through his substantial stock holdings in Dayforce. Over the years, he has strategically traded shares, with notable transactions in both 2021 and 2022 that frequently...

David D. Ossip is not just a leader but an active participant in the market through his substantial stock holdings in Dayforce. Over the years, he has strategically traded shares, with notable transactions in both 2021 and 2022 that frequently exceeded $700K, reaching a peak of $930K in November 2021. His wealth demonstrated significant fluctuations, particularly in the past couple of years, reflecting his deep commitment to the company’s success. By the end of 2023, Ossip's vested stock was worth approximately $4.6 million, showcasing a sharp increase from earlier years. This indicates not only his belief in the company's potential but also aligns with his performance-based compensation philosophy. As of 2023, substantial options from his performance-based awards continue to vest, directly tying his financial success to the company's performance, particularly as Dayforce positions itself in a competitive industry.

Mar 18, 2025

C

shares

CCCS @ $NaN

D

shares

DAY @ $57.13

Total Stock Sold

$120.01M

DAY

$120.01M

1,858,697 DAY shares

What if they kept their stock?

If David D. Ossip didn't sell their stock, today they would have:
Extra DAY1,858,697 shares worth $130.00M.
This is 8.32% and $9.99M more than what they got when they sold the stock.

Insider Trading

See recent insider trades of David D. Ossip.

DAY

123,012 shares

DAY

Mar 5, 2025

Received

DAY

$68.31M

DAY at $79.55/share

Nov 26, 2024

Sale

DAY

102,564 shares

DAY

Mar 1, 2024

Received

DAY

$24.64M

DAY at $49.27/share

Aug 8, 2019

Sale

DAY

$24.64M

DAY at $49.27/share

Aug 8, 2019

Sale

Compensation History

See how much did David D. Ossip make over time.

In 2023, David D. Ossip’s total compensation reached approximately $13.6 million, marking a significant increase from previous years. This package reflects a strong performance-driven approach, with a base salary of $800,000 and a lack of cash bonuses awarded this year, which highlights the focus on long-term success. His vested stock options totaled around $4.6 million, a testament to his impactful leadership at Dayforce. The compensation structure emphasizes aligning with shareholders’ interests, where his pay is closely tied to the company's performance metrics such as Cloud Revenue and Adjusted EBITDA. The Board's philosophy under Ossip’s leadership has placed particular importance on rewarding actual performance, making his compensation more than just a number—it's a direct reflection of Dayforce’s strategic goals and financial health.

Year

2023

Total Compensation

$5.41M

Salary

$800.00K

Board Justification

The compensation philosophy emphasizes performance-based pay, aligning executive compensation with company performance and stockholder interests.

Bonus

$0.00

Board Justification

No cash bonus was awarded for 2023.

Other

$14.66K

Board Justification

Includes executive health benefits and parking reimbursement.

Restricted Stock

$4.59M(65.32K RSU)

Board Justification

65,323 RSUs vested in 2023, with the value realized upon vesting being $4,594,218.

Performance Metrics

Compensation is tied to performance metrics including Cloud Revenue, Adjusted EBITDA, and Sales PEPM ACV.

Other Dayforce CEOs

Here are other CEOs of Dayforce

Leagh E. Turner

Ex-CEO of Dayforce

February 2022 - November 2023