Dayforce
Company type | Public |
---|---|
NYSE: CDAY | |
Industry | SaaS HCM Software |
Founded | 1992 |
Headquarters | Bloomington, Minnesota, USA Toronto, Ontario, CA |
Key people | David Ossip, CEO of Ceridian HCM |
Revenue | US$ 746.4 million (2018)[1] |
US$ US$52.8 million (2018) | |
Total assets | US$ 5.15 billion (2018) |
Number of employees | 4,444 (2018) |
Ceridian HCM, Inc. is a provider of human resources software and services with employees in the USA, Canada, Europe, Australia and Mauritius. It is a publicly traded company on the New York Stock Exchange as of April 2018.
History of Ceridian
Ceridian is a descendant of Control Data Corporation (CDC). In 1992, Ceridian was founded as an information services company from the restructuring of CDC, a computer services and manufacturing company founded in 1957.[2][3]
In 2007, Ceridian was acquired for US$5.3 billion by Thomas H. Lee Partners and Fidelity National Financial (FNF).[4] Ceridian common stock ceased trading on the NYSE before commencement of trading on 9 November 2007 and was delisted from the NYSE.
In March 2012, Ceridian completed its acquisition of Dayforce, a single SaaS application for HR, payroll, tax, benefits, workforce management, talent management and several related activities.[5] In October 2013, Ceridian announced the legal separation of its Human Capital Management and payments businesses.[6] Ceridian completed the separation on October 1, 2013 through a series of transactions, which resulted in the payments business being operated as Comdata Inc. (“Comdata”), and the HCM business being operated as Ceridian HCM Holding Inc. (“Ceridian HCM”).[7]
David Ossip, Chief Executive Officer of Dayforce, became CEO of Ceridian HCM in February 2013.[5]
In April 2018, Ceridian went public in an initial offering that raised over $400 million.
Leadership
- David Ossip, Chairman and Chief Executive Officer (2013 – present)
- Leagh Turner, President (2018 – present)
- Arthur Gitajn, Chief Financial Officer (2016 – present)
- Lisa Sterling, Chief People and Culture Officer (2015 – present)
- Erik Zimmer, Executive Vice-President and Chief Strategy Officer (2018 – present)
- Ozzie Goldschmied, Chief Technology Officer (2012 – present)
- Warren Perlman, Chief Information Officer (2009 – present
- Paul Elliott, Chief Operating Officer (2004 – present)
- Jim Jensen, Senior Vice President, Global Partners and Alliances (2016 – present)
- Adrian Grbavac, Executive Vice President, Implementation (2014 – present)
- Ross Tracey, Managing Director, Ceridian Europe (2009 – present)
- Scott Kitching, Executive Vice President and General Counsel (2003 – present)
- Ted Malley, Chief Customer Officer (2015 – present)
- Chris Armstrong, Executive Vice President, Operations (2004 – present)
References
- ^ [1]
- ^ Richard, Michael A. (2014-05-14). EMPLOYEE ASSISTANCE PROGRAMS: Wellness/Enhancement Programming (4th Ed.). Charles C Thomas Publisher. ISBN 9780398085612.
- ^ Enterprise, I. D. G. (1993-09-06). Computerworld. IDG Enterprise.
- ^ Berenson, Alex (2007-05-31). "Ceridian to Be Taken Private in $5.3 Billion Deal". The New York Times. ISSN 0362-4331. Retrieved 2016-05-18.
- ^ a b "Ceridian primes customers to embrace cloud HCM". diginomica. 2015-03-06. Retrieved 2016-05-18.
- ^ "Business briefing, Saturday, Oct. 5". Twin Cities. 2013-10-04. Retrieved 2018-01-05.
- ^ "Ceridian Forms Separate HCM and Payments Businesses | @CloudExpo". cloudcomputing.sys-con.com. Retrieved 2018-01-05.
Further reading
- Ceridian
- Fidelity National Financial
- Software companies established in 1992
- Companies based in Bloomington, Minnesota
- Software companies based in Minnesota
- International management consulting firms
- International information technology consulting firms
- Human resource management software
- ERP software companies
- Business services companies of the United States
- Companies listed on the New York Stock Exchange
- Stevie Awards
- 2007 mergers and acquisitions
- 2018 initial public offerings