David Ossip
Chair and Chief Executive Officer
Leadership History
1 leader · Full leadership timeline
David Ossip is the CEO of Dayforce.
| Name | Role | From | To | Years in role |
|---|---|---|---|---|
| David Ossip | Chair and Chief Executive Officer | — | Present | — |
Dayforce, Inc. is a transformative force in the global Human Capital Management (HCM) software industry. Operating under the ticker DAY on both the New York Stock Exchange and the Toronto Stock Exchange, Dayforce serves multinational enterprises with a unified single-database platform. The company's breakthrough innovation is its continuous calculation engine, which upends decades of legacy batch payroll processing by computing wages, taxes, and deductions in real time as work is performed. With over 10,000 dedicated employees worldwide and annual revenues exceeding $1.76 billion, Dayforce empowers organizations in over 160 countries to optimize workforce productivity, ensure airtight compliance, and elevate employee financial wellness through pioneering solutions like Dayforce Wallet.
Dayforce operates on a predictable, high-margin software-as-a-service (SaaS) subscription business model. Customers pay recurring annual or multi-year SaaS fees based on the number of active employees managed on the Dayforce platform, supplemented by transactional fees for professional services, implementation, tax filing services, and Dayforce Wallet payment processing volumes. This recurring revenue model ensures strong revenue visibility, high net retention rates, and robust gross margins exceeding 70%.
Chair and Chief Executive Officer
These officers report to the chief executive and are not part of the CEO timeline above.
Key challenges facing Dayforce include navigating complex, rapidly changing regulatory and tax compliance frameworks across diverse international jurisdictions, sustaining high R&D velocity to outpace well-capitalized tech titans, managing enterprise sales cycles, and executing seamless integrations of international acquisitions.
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