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Leagh Turner Promoted to Co-CEO and Appointed to Board of Directors of Ceridian

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Ceridian (NYSE: CDAY) has appointed Leagh Turner as Co-CEO and member of the Board of Directors, effective immediately. Turner, previously President and COO since 2018, will drive end-to-end operations and execution. David Ossip, Chair and Co-CEO, will focus on innovation and product development, notably expanding the Dayforce Wallet. This dual leadership structure formalizes their collaboration over the past three years and aims to position Ceridian for future growth in the evolving workforce landscape.

Positive
  • Appointment of Leagh Turner as Co-CEO expected to enhance leadership dynamics.
  • Formalizing Co-CEO structure signals stability and continuity in management.
Negative
  • Concerns regarding potential continuity issues from shared leadership model.

TORONTO and MINNEAPOLIS, Feb. 09, 2022 (GLOBE NEWSWIRE) -- Ceridian (NYSE: CDAY; TSX: CDAY), a global leader in human capital management (HCM) technology, today announced it has promoted Leagh Turner to Co-CEO and has also appointed her to the Ceridian Board of Directors, effective immediately. Turner has served as President and Chief Operating Officer since 2018.

“Leagh is an incredible leader who has made a profound impact helping our customers transform their organizations, while successfully driving execution throughout our company,” said David Ossip, Chair and Co-CEO, Ceridian. “I believe that this modern structure will make Ceridian even more relevant for our customers. Together, Leagh and I will lead Ceridian into the next wave of growth.”

“Ceridian is a truly special organization with a clear purpose, core values that guide our actions every day, and a deep commitment to our customers,” said Leagh Turner, Co-CEO, Ceridian. “I’m honored to join David as Co-CEO and continue our ambitious goal helping organizations and millions of people around the world navigate the new world of work.”

In the expanded role for Turner, she will continue to fully drive the end-to-end operations and strong execution that are fundamental to Ceridian’s growth. Turner will continue reporting to Ossip, as Chair and Co-CEO.

Ossip will oversee key areas of growth for the business, with a primary focus on keeping Ceridian in the forefront of innovation. He will spend his time on product innovation and the growing opportunity with Dayforce Wallet, including helping the company expand Dayforce Wallet to the extended workforce. Additionally, Ossip will continue to spend significant time with prospects and the company’s global community of customers, as organizations of all sizes face the most significant workforce transformation in decades.

The Co-CEO model formalizes how Ossip and Turner have run the company during the last three years, and it further structures how the pair will drive the company’s long-term growth together.

“We believe this is what a modern, future-focused company should look like,” added Ossip. “I love our company, and I’ve never been more committed and excited about our future.”

About Ceridian

Ceridian. Makes Work Life Better™.

Ceridian HCM Holding Inc. (NYSE: CDAY; TSX: CDAY) is a global human capital management software company. Dayforce, our flagship cloud HCM platform, provides human resources, payroll, benefits, workforce management, and talent management functionality. Our platform is used to optimize management of the entire employee lifecycle, including attracting, engaging, paying, deploying, and developing people. Ceridian has solutions for organizations of all sizes.

Source: Ceridian HCM Holding Inc.

For more information, contact:

Investor Relations:
1-844-829-9499
investors@ceridian.com

Public Relations:
Teri Murphy
1-647-417-2117
teri.murphy@ceridian.com 


FAQ

What is the significance of Leagh Turner being appointed Co-CEO at Ceridian (CDAY)?

Leagh Turner's appointment as Co-CEO signifies a strengthened leadership structure, aiming to drive growth and innovation at Ceridian.

What will Leagh Turner's role entail as Co-CEO of Ceridian (CDAY)?

As Co-CEO, Leagh Turner will manage end-to-end operations and execution, continuing her previous responsibilities.

How will the Co-CEO model impact Ceridian (CDAY) going forward?

The Co-CEO model is expected to enhance collaboration between Turner and Ossip, driving long-term growth and innovation for Ceridian.

What are the main focuses of David Ossip in his role as Co-CEO of Ceridian (CDAY)?

David Ossip will concentrate on product innovation and expanding the Dayforce Wallet, ensuring Ceridian remains at the forefront of the HCM industry.

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