Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2025-05-06

Dayforce (CDAY)

Fiscal year 2023 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,316,374
Leagh Turner total, FY2023
CEO pay percentile vs peers
CEO-to-median pay ratio
80.08%
Say-on-pay support, latest vote
Companies that benchmark against CDAY
No companies currently name CDAY as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Leagh Turner$688,219$0$12,439,889$0$0$0$188,266$13,316,374
Former Co-Chief Executive Officer
Noémie Heuland600,00003,072,8330158,85009,9003,841,583
Former Executive Vice President, Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Leagh Turner$13,316,374
Noémie Heuland3,841,583

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
David D. OssipOption022
HoldridgeRSU8,227552,196
ArmstrongRSU8,227552,196
David D. OssipRSU27,4231,840,632
HoldridgeOption16,38770.73
David D. OssipRSU5,088341,507
ArmstrongRSU7,428498,567
HoldridgeRSU2,696180,956
HoldridgeRSU3,088207,267
HoldridgeRSU11,760789,331
David D. OssipOption80,43465.26
David D. OssipRSU35,2822,368,128
HoldridgeRSU14,118947,600
David D. OssipRSU42,3552,842,868
David D. OssipRSU68,5584,601,613
HoldridgePSU18,2821,227,088
ArmstrongRSU14,118947,600
ArmstrongRSU11,760789,331
HoldridgeRSU11,655782,284
David D. OssipOption113,46680.95
David D. OssipOption750,00065.26
David D. OssipOption049.93
ArmstrongOption26,81165.26
HoldridgeRSU27,4231,840,632
ArmstrongOption044.91
David D. OssipOption044.91
David D. OssipRSU9,265621,867
David D. OssipPSU45,7063,067,787
ArmstrongRSU27,4231,840,632
ArmstrongRSU2,801188,003
David D. OssipRSU18,5701,246,418
AlkharratRSU78,8145,289,996
ArmstrongPSU18,2821,227,088
HoldridgeRSU7,428498,567
ArmstrongRSU6,177414,600
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-05-02120,596,73129,997,63712,33380.08%Passed
20242024-04-26133,810,64312,542,87318,73691.43%Passed
20232023-04-28131,177,5324,472,70518,29796.7%Passed
20222022-05-0396,337,96742,327,12214,51069.48%Passed
20212021-04-2734,840,82998,597,3721,818,29525.76%Failed
20202020-04-2874,203,66364,121,93537,21653.64%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20252025-05-0280.08%a
20242024-04-2691.43%b
20232023-04-2896.7%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Gerald C. ThroopIndependent · Lead Independent Director · Audit (Chair)$120,000$250,000$0$0$0$370,000
Brent B. BickettIndependent · Acquisition and Finance · Compensation (Chair) · Corporate Governance and Nominating62,500250,000000312,500
Thomas M. HagertyIndependent · Acquisition and Finance (Chair) · Compensation57,500250,000000307,500
Deborah A. FarringtonIndependent · Acquisition and Finance · Audit · Corporate Governance and Nominating (Chair)57,500250,000000307,500
Ronald F. ClarkeIndependent · Compensation50,000250,000000300,000
Andrea S. RosenIndependent · Audit · Compensation50,000250,000000300,000
Ganesh B. RaoIndependent · Acquisition and Finance · Corporate Governance and Nominating50,000250,000000300,000
Linda P. MantiaIndependent · Audit · Corporate Governance and Nominating50,000250,000000300,000
David D. OssipEmployee director · Board Chair00000
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$497,500
Equity awards (grant-date value)$2,000,000
All other compensation$0
Total cost of the board$2,497,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Dayforce2023Leagh Turner$688,219$12,439,889$0$0$13,316,374

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Leagh TurnerDEF 14A2024-03-120000950170-24-030002Section “Executive Compensation Tables” · page 40. As printed: 13,316,374. Filing ↗machine: t87 · r14 · c37 · span 1176367–1176377
2Section 01, Noémie HeulandDEF 14A2024-03-120000950170-24-030002Section “Executive Compensation Tables” · page 40. As printed: 3,841,583. Filing ↗machine: t87 · r17 · c37 · span 1207308–1207317
3Section 08, Gerald C. ThroopDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 370,000. Filing ↗machine: t57 · r9 · c14 · span 591801–591808
4Section 08, Brent B. BickettDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 312,500. Filing ↗machine: t57 · r2 · c14 · span 559572–559579
5Section 08, Thomas M. HagertyDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 307,500. Filing ↗machine: t57 · r5 · c14 · span 573373–573380
6Section 08, Deborah A. FarringtonDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 307,500. Filing ↗machine: t57 · r4 · c14 · span 568774–568781
7Section 08, Ronald F. ClarkeDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t57 · r3 · c14 · span 564170–564177
8Section 08, Andrea S. RosenDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t57 · r8 · c14 · span 587202–587209
9Section 08, Ganesh B. RaoDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t57 · r7 · c14 · span 582605–582612
10Section 08, Linda P. MantiaDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 300,000. Filing ↗machine: t57 · r6 · c14 · span 577970–577977
11Section 08, David D. OssipDEF 14A2024-03-120000950170-24-030002Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2025 voteForm 8-K2025-05-060001725057-25-000080Item 5.07 · say-on-pay result. As reported: 80.08% (votes for as printed: 120,596,731). Filing ↗
13Section 06, 2024 voteForm 8-K2024-04-260000950170-24-049078Item 5.07 · say-on-pay result. As reported: 91.43% (votes for as printed: 133,810,643). Filing ↗
14Section 06, 2023 voteForm 8-K2023-05-020000950170-23-016393Item 5.07 · say-on-pay result. As reported: 96.7% (votes for as printed: 131,177,532). Filing ↗
15Section 09b board cost (computed)ComputedcomputedCash 497,500 + equity 2,000,000 + all other 0 = 2,497,500, summed across the director compensation table rows.machine: formula: Σ = 2,497,500
16Dayforce (subject), Section 10b CEO totalDEF 14A2024-03-120000950170-24-030002CEO total compensation as printed in Dayforce's own proxy. As printed: 13,316,374. Filing ↗machine: t87 · r14 · c37 · span 1176367–1176377