Summary
Automatic Data Processing, Inc. (ADP) announced a significant leadership transition on November 8, 2011, via an 8-K filing. Gary C. Butler has retired as Chief Executive Officer and from the Board of Directors. This marks the end of his tenure leading the company. Concurrently, the Board of Directors has appointed Carlos A. Rodriguez as the new President and Chief Executive Officer, effective immediately. Mr. Rodriguez, who has been with ADP since 1999 and most recently served as President and Chief Operating Officer, also has been elected to the Board of Directors. This transition signals continuity in leadership with an internal promotion, leveraging Rodriguez's extensive experience within the company.
Key Highlights
- 1Gary C. Butler has retired as Chief Executive Officer and resigned from the Board of Directors.
- 2Carlos A. Rodriguez has been promoted to President and Chief Executive Officer.
- 3Carlos A. Rodriguez has also been elected to the Board of Directors.
- 4Mr. Rodriguez has been with ADP since 1999, indicating internal succession and deep company knowledge.
- 5His prior roles include President and Chief Operating Officer, President of Employer Services divisions, and President of Small Business Services.
- 6The leadership change was effective as of November 8, 2011.