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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 5.02Departure 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 

 

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Nov. 06, 2024
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Entity File Number 1-5397
Entity Registrant Name Automatic Data Processing, Inc.
Entity Central Index Key 0000008670
Entity Tax Identification Number 22-1467904
Entity Incorporation, State or Country Code DE
Entity Address, Address Line One One ADP Boulevard
Entity Address, City or Town Roseland
Entity Address, State or Province NJ
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Title of 12(b) Security Common Stock, $0.10 Par Value (voting)
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