NJ TECH CORNER: ADP
Company Overview
ADP (NASDAQ: ADP) is a comprehensive global provider of cloud-based Human Capital Management (HCM) solutions that unite human resources, payroll, talent, time, tax and benefits administration, and a provider of business outsourcing services, analytics and compliance expertise. Its experience, insights, and technology have transformed human resources from a back-office administrative function to a strategic business advantage.Founded in 1949.the Roseland-based company has more than 650,000 clients worldwide and a global workforce of 56,700 employees.
Investment & Financial Information
|
Shares of common stock outstanding (as of Sept. 9, 2016): |
454,375,205 |
|
Share price of stock (as of April 21, 2017) |
$102.69 |
|
Share price of stock (one year ago) |
$ 89.35 |
|
Current valuation (as of April 21, 2017) |
$ 46.66 billion |
|
Valuation one year ago |
$ 41.57 billion |
|
Stock Symbol: |
NASDAQ:ADP |
|
Net Revenues (6/30/16) |
$11.67 billion |
|
Net Revenues previous year |
$10.94 billion |
|
Net Income(6/30/16) |
$1.493 billion |
|
Net Income previous year: |
$1.453 billion |
Management Team
|
Name |
Age |
Title |
|
John Ayala |
49 |
President, major account services and ADP Canada |
|
Maria Black |
42 |
President, small business solutions and human resources outsourcing |
|
Michael A. Bonarti |
50 |
Corporate vice president, general counsel, secretary |
|
Deborah L. Dyson |
50 |
Corporate vice president, client experiences and continuous improvement |
|
Edward B. Flynn, III |
56 |
President, global enterprise solutions |
|
Dermot J. O’Brien |
50 |
Chief human resources officer |
|
Thomas Perrotti |
47 |
President, worldwide sales and marketing |
|
Douglas Politi |
54 |
President, added value services |
|
Carlos A. Rodriguez |
52 |
President and CEO |
|
Stuart Sackman |
55 |
Corporate vice president, global product and technology |
|
Jan Siegmund |
52 |
Corporate vice president and CFO |
|
Donald Weinstein |
47 |
Chief strategy officer |
Board of Directors
|
Name |
Age |
Title |
|
Peter Bisson |
59 |
Retired director and global leader of McKinsey & Co.’s high-tech practice |
|
Richard T. Clark |
70 |
Retired chairman, CEO, Merck & Co. Inc. |
|
Eric C. Fast |
67 |
Retired CEO, Crane Co. |
|
Linda R. Gooden |
63 |
Retired executive vice president, Lockheed Martin Corporation Information Systems & Global Solutions |
|
Michael Gregoire |
50 |
CEO, director, CA Technologies |
|
R. Glenn Hubbard |
58 |
Dean, Columbia University Graduate School of Business |
|
John P. Jones |
65 |
Chairman of the board, retired chairman and CEO, Air Products & Chemicals Inc. |
|
William J. Ready |
36 |
Senior vice president and global head of product & engineering, Paypal |
|
Carlos A. Rodriguez |
52 |
CEO and president, ADP |
|
Sandra S. Wijnberg |
60 |
Executive advisor, former partner and chief administration officer, Aquiline Holdings |
Noteworthy Control
|
Name |
Shares of common stock owned |
% of total common shares |
|
The Vanguard Group Inc. |
30,095,522 |
6.52% |
|
Black Rock Inc. |
27,999,497 |
6.1% |
[All information for NJ Tech Corner was taken from the company’s annual reports and proxy statements and other company sources, with the exception of the company’s stock price and valuation.]
