| Business Summary | | Automatic
Data
Processing,
Inc.
(together
with
its
subsidiaries,
ADP)
is
a
provider
of
computerized
transaction
processing,
data
communication
and
information
services.
The
Company's
operations
are
divided
into
the
business
segments
of
Employer
Services
(which
include
payroll,
human
resources,
benefits
administration,
time
and
attendance,
tax
filing
and
reporting,
professional
employer
organization,
compliance
management
(such
as
new
hire
reporting
and
wage
garnishment
processing)
and
retirement
plan
services),
Brokerage
Services,
Dealer
Services
and
Claims
Services. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | ADP
provides
a
range
of
payroll,
human
resources,
benefits
administration,
time
and
attendance
and
tax
filing
and
reporting
services
to
employers.
ADP
also
provides
brokerage,
auto
dealer,
and
insurance
claim
services.
For
the
fiscal
year
ended
6/30/01,
revenues
rose
12%
to
$7.02
billion.
Net
income
rose
10%
to
$924.7
million.
Results
reflect
client
retention
and
the
recent
Cunningham
Graphics
acquisition,
partially
offset
by
a
higher
effective
tax
rate. Recent Earnings Announcement For
the
3
months
ended
06/30/2001,
revenues
were
1,853,088;
after
tax
earnings
were
255,000. (Preliminary; reported in thousands of dollars.) | More
from
Market Guide: Significant
Developments |
| | | | FY2000
Compensation | | Pay | Exer | |
| Arthur Weinbach, 57 Chairman,
CEO | $3.3M | $7.2M | Gary Butler, 53 Pres,
COO | 985K | 8.5M | John Barfitt, 47 Pres,
Claims Services | -- | -- | Eugene Hall, 44 Sr.
VP and Pres of Financial and Technology Services of Employer Services - North America | -- | -- | Richard Douville, 45 VP-Fin. | -- | -- | Dollar amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.; "Exer" is the value of options excercised during the fiscal year. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|