8-KThe WireRed Alert
Executive Change
Filed Nov 8, 2024 · 1y ago · Accession 0000950142-24-002701
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C.
20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported): November 6, 2024
Automatic Data Processing, Inc.
(Exact name of registrant
as specified in its charter)
Delaware
1-5397
22-1467904
(State or other
jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification
No.)
One
ADP Boulevard , Roseland ,
New Jersey
07068
(Address of principal executive
offices)
(Zip Code)
( 973 )
974-5000
(Registrant's
telephone number, including area code)
N/A
(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:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class
Trading
Symbol(s)
Name
of each exchange
on
which registered
Common Stock, $0.10 Par Value (voting)
ADP
NASDAQ Global Select Market
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
Automatic Data Processing, Inc. (the “Company”) announced
that John C. Ayala, Chief Operating Officer, will be stepping down from his role at the Company, effective as of January 1, 2025, and
will continue to serve as a corporate officer of the Company during a transition period through March 31, 2025.
The Company also announced that Joseph
DeSilva, presently President, Global Sales, will become Executive Vice President, North America and Chief of Operations, effective as
of January 1, 2025. In connection with this new role, Mr. DeSilva’s base salary will increase by 6.2% and his annual target bonus
as a percentage of base salary will increase from 100% to 150%.
2
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.
AUTOMATIC DATA PROCESSING, INC.
(Registrant)
Date: November 8, 2024
By:
/s/ Michael A. Bonarti
Name:
Michael A. Bonarti
Title:
Vice President
3
Filing details
- Ticker
- ADP
- CIK
- 8670
- Form type
- 8-K
- Filing date
- Nov 8, 2024
- Report date
- Nov 6, 2024
- Document
- eh240554372_8k.htm
- Size
- 195 KB