8-KLeadership Changes

AUTOMATIC DATA PROCESSING INC 8-K Report, Executive Changes (Aug 5, 2015)

Filed August 5, 2015For Securities:ADP

Summary

Automatic Data Processing, Inc. (ADP) announced significant changes to its Board of Directors via an 8-K filing on August 4, 2015. The company appointed Mr. Peter Bisson as a new director, who will also join the Corporate Development and Technology Advisory Committee. This addition signals a potential focus on strategic growth and technological advancements within the company's leadership. Furthermore, the filing details a planned transition in Board leadership. Mr. Leslie A. Brun, the current non-executive Chairman, will retire and step down from the Board at the upcoming 2015 Annual Meeting of Stockholders. Succeeding him as non-executive Chairman will be current director Mr. John P. Jones. These changes indicate a proactive approach to board composition and succession planning, aiming to ensure continuity and fresh perspectives at the highest levels of governance.

Key Highlights

  • 1Appointment of Peter Bisson as a new director to the Board.
  • 2Peter Bisson appointed to the Corporate Development and Technology Advisory Committee.
  • 3Non-executive Chairman Leslie A. Brun will not seek re-election at the 2015 Annual Meeting.
  • 4Leslie A. Brun intends to retire and resign from the Board effective after the 2015 Annual Meeting.
  • 5John P. Jones, a current director, elected as the new non-executive Chairman.
  • 6John P. Jones's term as non-executive Chairman begins upon Mr. Brun's retirement after the 2015 Annual Meeting.

Frequently Asked Questions

Peter Bisson has been appointed as a new director to the Board of Automatic Data Processing, Inc. He has also been appointed to serve on the Corporate Development and Technology Advisory Committee.

Mr. Leslie A. Brun has notified the Board that he will not stand for re-election as a director at the Company's 2015 Annual Meeting of Stockholders and intends to retire and resign from the Board at that time.

John P. Jones, a current director, has been elected by the Board to serve as the non-executive Chairman of the Board upon Mr. Brun's retirement, effective at the conclusion of the 2015 Annual Meeting of Stockholders.

Mr. Bisson's appointment to this committee suggests a potential emphasis on strategic business growth and technological innovation within ADP's leadership. This committee typically advises on matters crucial to the company's future development and competitive positioning.