ADP - Automatic Data Processing, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Automatic Data Processing, Inc.

One ADP Boulevard
Roseland, NJ 07068
United States
973-974-5000
http://www.adp.com

SectorIndustrials
IndustryBusiness Services
Full Time Employees57,000

Key Executives

NameTitlePayExercisedYear Born
Mr. Carlos A. RodriguezCEO, Pres & Director3.57M6.52M1964
Mr. Jan SiegmundCorp. VP & CFO1.65M2.66M1964
Mr. Michael Anthony BonartiCorp. VP, Gen. Counsel & Sec.1.15M1.33M1965
Mr. Dermot J. O'BrienChief Transformation Officer1.18M1.19M1966
Mr. Donald WeinsteinCorp. VP of Global Product & TechnologyN/AN/A1969
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Automatic Data Processing, Inc. provides business process outsourcing services worldwide. It operates through two segments, Employer Services and Professional Employer Organization (PEO) Services. The Employer Services segment offers various human resources (HR) outsourcing and technology-based human capital management solutions. Its offerings include payroll, benefits administration, talent management, HR management, time and attendance management, insurance, retirement, and compliance services. This segment provides a range of solutions, which businesses of various types and sizes can use to activate talent, as well as recruit, pay, manage, and retain their workforce. It serves approximately 630,000 clients through its cloud-based strategic software as a service offering. The PEO Services segment provides HR outsourcing solutions through a co-employment model. This segment offers HR administration services, including employee recruitment, payroll and tax administration, time and attendance management, benefits administration, employee training and development, online HR management tools, and employee leave administration. It also provides employee benefits that enable eligible worksite employees with access to a 401(k) retirement savings plan, health savings accounts, flexible spending accounts, group term life and disability coverage, and an employee assistance program, as well as group health, dental, and vision coverage. In addition, this segment offers employer liability management services comprising workers' compensation program, unemployment claims management, safety compliance guidance and access to safety training, access to employment practices liability insurance, and guidance on compliance with the United States federal, state, and local employment laws and regulations. The company was founded in 1949 and is headquartered in Roseland, New Jersey.

Corporate Governance

Automatic Data Processing, Inc.’s ISS Governance QualityScore as of November 1, 2018 is 1. The pillar scores are Audit: 1; Board: 2; Shareholder Rights: 2; Compensation: 2.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.