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UNITED STATES |
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SECURITIES AND EXCHANGE COMMISSION
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______________ |
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FORM 8-K
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Pursuant to Section
13 or 15(d) of The
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Date of Report (Date of earliest event reported): October 5, 2006 |
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AUTOMATIC DATA PROCESSING, INC. |
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(Exact name of registrant as specified in its charter) |
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Delaware |
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1-5397 |
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22-1467904 |
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(State or other
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(Commission File Number) |
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(IRS Employer Identification No.) |
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One ADP Boulevard, Roseland, New Jersey |
07068 |
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(Address of principal executive offices) |
(Zip Code) |
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Registrants telephone number, including area code: (973) 974-5000 |
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N/A |
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(Former name or former address, if changed since last report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
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(17 CFR 240.14d-2(b)) |
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o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act |
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(17 CFR 240.13e-4(c)) |
Item 5.02 Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
(c) On October 5, 2006, the Companys Board of Directors appointed Mr. S. Michael Martone, 58, Group President of the Companys Employer Services business, as the Companys Chief Operating Officer, effective on the date a previously announced tax-free spin-off of 100% of the Companys Brokerage Services Group business is completed.
Mr. Martone joined ADP in 1987. Prior to his promotion to Group President of the Companys Employer Services business in 2004, he served as Group President of the Companys Dealer Services business from 1998 to 2004 and President of the Companys Claims Services business from 1996 to 1998. Mr. Martone will continue to serve as Group President of the Companys Employer Services business until the tax-free spin-off of the Companys Brokerage Services Group business is completed.
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Item 9.01 |
Financial Statements and Exhibits |
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The following exhibits are filed as part of this Report on Form 8-K: |
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Exhibit
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Description |
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99.1 |
Press Release, dated October 5, 2006, issued by Automatic Data Processing, Inc. |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: October 5, 2006
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AUTOMATIC DATA PROCESSING, INC.
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By: |
/s/ James B. Benson |
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Name: James B. Benson Title: Vice President |
Exhibit Index
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Exhibit Number |
Description |
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99.1 |
Press Release, dated October 5, 2006, issued by Automatic Data Processing, Inc. |
FOR IMMEDIATE RELEASE
ADP APPOINTS S. MICHAEL MARTONE CHIEF OPERATING OFFICER
ROSELAND, NJ, October 5, 2006 The board of directors of Automatic Data Processing, Inc. (NYSE:ADP) has appointed S. Michael Martone to the position of chief operating officer, Gary C. Butler, president and chief executive officer, announced today. Mr. Martone will assume his new role effective on the completion date of the previously announced tax-free spin-off of 100% of ADPs Brokerage Services Group business. At that time, in his expanded role, Mr. Martone will retain responsibility for ADP Employer Services and will assume responsibility over ADPs Dealer Services business, with the division presidents of Employer Services and the president of Dealer Services reporting directly to him. Until then, Mr. Martone will continue to serve as group president of ADPs Employer Services business.
Mr. Martone has been with ADP since 1987, most recently as group president of ADPs Employer Services business. Under his leadership, Employer Services achieved double-digit revenue, sales and earnings growth while client retention has reached an all-time high. As president of Dealer Services and Claims Services, both businesses consistently beat their financial targets and had record results.
Commenting on the appointment, Mr. Butler stated, We are pleased to move forward with a proven leader taking on the chief operating officer position. Mike has a demonstrated record of success in each of the senior roles he has held at ADP.
ADP, with nearly $9 billion in revenues and more than 570,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective processing and information-based business solutions.
Source: Automatic Data Processing, Inc.
ADP Investor Relations, 973.974.5858