---
schema_version: "secwatch.filing_event.v1"
accession: "0000950142-21-002894"
form_type: "8-K"
ticker: "ADP"
cik: "0000008670"
company_name: "AUTOMATIC DATA PROCESSING INC"
filed_at: "2021-09-14T23:59:59+00:00"
generated_at: "2026-06-29T04:01:07.261536+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ADP CFO Kathleen Winters to retire; Don McGuire named successor effective Oct 1

## Summary
- Kathleen Winters, Corporate VP and CFO, will retire effective Sept 30, 2021.
- Don McGuire, formerly President Employer Services International, appointed CFO effective Oct 1, 2021.
- McGuire receives CAD $823,515 base salary (approx USD $650k) and annual target bonus of 150% of base.
- One-time restricted stock award of $2.1M USD vesting over two years; FY2022 target equity award value $3M USD.
- In case of involuntary termination without cause, McGuire is entitled to 18 months salary continuation and prorated bonus.

## SEC filing metadata
- accession: 0000950142-21-002894
- form_type: 8-K
- ticker: ADP
- cik: 0000008670
- company_name: AUTOMATIC DATA PROCESSING INC
- filed_at: 2021-09-14T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/8670/000095014221002894/0000950142-21-002894-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/8670/000095014221002894/eh210183863_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950142-21-002894
- JSON: https://secwatch.observer/filing/0000950142-21-002894.json
- Plain text: https://secwatch.observer/filing/0000950142-21-002894.txt

## Key facts
- Executive change
  Don McGuire was appointed as Corporate Vice President and Chief Financial Officer at AUTOMATIC DATA PROCESSING INC.
  - Action: appointed
  - Role: Corporate Vice President and Chief Financial Officer
  source text: Effective as of October 1, 2021, the Company has appointed Don McGuire to succeed Ms. Winters to the position of Corporate Vice President and Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/8670/000095014221002894/0000950142-21-002894-index.htm
- Executive change
  Kathleen A. Winters retired as Corporate Vice President and Chief Financial Officer at AUTOMATIC DATA PROCESSING INC.
  - Action: retired
  - Role: Corporate Vice President and Chief Financial Officer
  source text: notified the Company of her decision to retire from the Company, effective as of September 30, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/8670/000095014221002894/0000950142-21-002894-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.