Ceridian Announces Departure Of Co-CEO Leagh Turner As David Ossip Continues In Chair And CEO Roles
Portfolio Pulse from Benzinga Newsdesk
Ceridian (NYSE:CDAY) announced that Co-CEO Leagh Turner will leave the company on November 10, 2023, to become CEO of Coupa Software. David Ossip will continue as the sole CEO. Turner joined Ceridian in 2018 and was appointed as Co-CEO in 2022. During her tenure, she helped double the company's revenue and increase the Dayforce customer base to over 6,300 live customers. The company will discuss the change during its third quarter financial results call.
November 01, 2023 | 12:24 pm
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NEUTRAL IMPACT
Ceridian's Co-CEO Leagh Turner is leaving the company to become CEO of Coupa Software. David Ossip will continue as the sole CEO. This could potentially impact the company's leadership dynamics and future growth strategies.
The departure of a Co-CEO can lead to changes in the company's leadership dynamics and strategic direction. However, as David Ossip is continuing as the sole CEO, the impact may be mitigated. The company's future performance will depend on how well it manages this transition and continues its growth trajectory.
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