Summary
This 8-K filing from Automatic Data Processing, Inc. (ADP) announces a change in its Board of Directors. Effective September 10, 2007, the company has elected two new members, Eric C. Fast and Gregory L. Summe, to its Board. This expansion brings the total number of directors to eleven. Mr. Fast, currently the President and CEO of Crane Co., will join the Audit Committee, bringing his financial and operational leadership experience to a key oversight role. Mr. Summe, Chairman, CEO, and President of PerkinElmer, Inc., will serve on the Nominating/Governance Committee, contributing his expertise in corporate governance and strategic direction. These appointments are expected to enhance the board's oversight and strategic capabilities.
Key Highlights
- 1Automatic Data Processing, Inc. (ADP) has elected two new directors to its Board.
- 2The new directors are Eric C. Fast and Gregory L. Summe.
- 3The addition of these two directors increases the total size of the Board to 11 members.
- 4Eric C. Fast has been appointed to the Audit Committee.
- 5Gregory L. Summe has been appointed to the Nominating/Governance Committee.
- 6Eric C. Fast is President and CEO of Crane Co.
- 7Gregory L. Summe is Chairman, CEO, and President of PerkinElmer, Inc.
Frequently Asked Questions
The primary purpose of this 8-K filing is to announce the election of two new members, Eric C. Fast and Gregory L. Summe, to Automatic Data Processing, Inc.'s (ADP) Board of Directors and to disclose their committee assignments.
The addition of Mr. Fast and Mr. Summe increases the total number of directors on ADP's Board from nine to eleven.
Eric C. Fast has been appointed to the Audit Committee, and Gregory L. Summe has been appointed to the Nominating/Governance Committee.
Eric C. Fast is the President and Chief Executive Officer of Crane Co., and Gregory L. Summe is the Chairman, Chief Executive Officer, and President of PerkinElmer, Inc.