Former ZoomInfo President and COO to Lead the Charge in Modernizing Compensation Technology and Data.
SEATTLE, Dec. 19, 2023 — Today, leading compensation technology and data provider Payscale, announces the appointment of Chris Hays as its new Chief Executive Officer. Hays joins Payscale from ZoomInfo (NASDAQ: ZI), where he recently served as President and COO. His new role at Payscale will begin on January 8, 2024.
“We could not be more excited that Chris will be stepping into the chief executive officer role at Payscale,” said Paul Ilse, Payscale’s Chairman of the Board. “Building on our legacy of empowering HR leaders to achieve fair and equitable compensation practices through our proprietary data sets and powerful technology, Chris will lead us toward even better outcomes for both our business and our customers.”
Hays brings over 20 years of experience scaling operations, revenue growth, and innovation across technology and data companies. As Payscale’s new CEO, Hays will establish new standards of quality in the compensation technology market by driving Payscale’s strategy forward.
Payscale’s strategy focuses on four core anchors: continued innovation on compensation technology, differentiating through data, streamlining market and customer interactions, and making Payscale a great place to work. Payscale’s strategy enables its mission to get pay right and reinforces its position as an industry leader.
“I am thrilled to join Payscale, a company that has consistently led the way in advocating for equitable and transparent compensation through its industry leading technology and data products,” said Hays.
During his seven-year tenure at ZoomInfo, Hays played a pivotal role in growing the company’s revenue from $60 million to $1.2 billion and expanding its client base to over 35,000. His deep experience in helping customers use data-driven tools to modernize their go-to-market strategies positions him well to lead Payscale.
“I have seen how powerfully data-driven software can change the way work is done,” said Hays. “I look forward to helping Payscale make a meaningful impact in how pay is determined and communicated to drive efficient and equitable outcomes for all employees.”
Payscale is backed by Francisco Partners and Insight Partners, two premier technology-focused private equity firms. Former Payscale CEO Alex Hart stepped down in November and was succeeded in an interim capacity by Paul Ilse, a managing operating partner at Francisco Partners Consulting. Ilse now serves as Chairman on Payscale’s board of directors.
About Payscale
As the industry leader in compensation management, Payscale is on a mission to help job seekers, employees, and businesses get pay right and to make sustainable fair pay a reality. Empowering more than 50% of the Fortune 500 in 198 countries, Payscale provides a combination of diverse and dynamic data sources, experienced compensation services, and scalable software to enable organizations such as Angel City Football Club, Target, Gainsight, and eBay to make fair and appropriate pay decisions.
Pay is powerful. To learn more, visit www.payscale.com.
Contact: Press@Payscale.com
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