Automatic Data Processing (ADP)

About Automatic Data Processing, Inc. (ADP)

Company Description:

 

Automatic Data Processing, Inc. (ADP) is a leading provider of human capital management solutions, offering services ranging from payroll to benefits and talent management. The company operates through two primary segments: Employer Services and Professional Employer Organization (PEO) services.

Founded in 1949 by Henry Taub, ADP has grown to become one of the world's largest providers of business outsourcing solutions. It is headquartered in Roseland, New Jersey, United States.

 

Main Product(s):

 

ADP's main products include a comprehensive range of human capital management solutions like payroll services, time and attendance management, talent acquisition, talent management, human resource management, benefits administration, and retirement services.

 

Short History of Automatic Data Processing, Inc:

 

  • 1949 – Founded by Henry Taub as Automatic Payrolls, Inc.
  • 1957 – Renamed to Automatic Data Processing, Inc. (ADP), and began using punch card machines, check printing machines, and mainframe computers.
  • 1961 – ADP went public.
  • 1998 – Acquired UK-based GSI and expanded into Europe.
  • 2014 – ADP was spun off from its dealer services segment, now called CDK Global.
  • 2020 – Amid the COVID-19 pandemic, ADP played a crucial role in helping businesses navigate payroll and HR challenges.

Key Executives:

NameTitlePayExercisedYear Born
Mr. Carlos A. RodriguezExecutive Chair2.89M25.43M1964
Ms. Maria BlackPresident, CEO & DIrector3.38M2.45M1974
Mr. Don Edward McGuireChief Financial Officer2.15M883.82k1960
Mr. John C. AyalaChief Operating Officer2.11M3.58M1967
Mr. Michael Anthony BonartiChief Administrative Officer1.44MN/A1965
Mr. Joseph DeSilva Jr.President of Global Sales1.13M337.29k1975
Mr. Brock AlbinsonCorporate Controller & Principal Accounting OfficerN/AN/A1975
Mr. Max LiGlobal Chief Information OfficerN/AN/AN/A
Mr. David KwonCorporate VP, Chief Legal Officer & General CounselN/AN/A1970
Ms. Allyce HackmannVice President of External CommunicationsN/AN/AN/A

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