Summary
Automatic Data Processing, Inc. (ADP) filed a Form 8-K on August 13, 2009, to report the retirement of two long-standing members from its Board of Directors. Mr. Frederic V. Malek, who had served as a director since 1978, and Mr. Henry Taub, who held the position of Honorary Chairman of the Board since 1986 and was a director since 1961, have retired from their board positions. This filing is primarily an administrative update concerning changes in board composition.
Key Highlights
- 1Two long-serving directors have retired from ADP's Board.
- 2Mr. Frederic V. Malek, a director since 1978, has retired.
- 3Mr. Henry Taub, Honorary Chairman of the Board since 1986 and director since 1961, has retired.
- 4The retirements were effective as of August 13, 2009.
- 5This filing is an Item 5.02(b) event, related to director departures.