ADP names Maria Black President and John Ayala COO effective Jan. 1, 2022

AUTOMATIC DATA PROCESSING INC

Maria Black promoted from President Worldwide Sales and Marketing to President; John Ayala becomes COO from President Employer Services North America.
Black's annual base salary $800k, target bonus 150%, total target equity award $5.0M for FY2022.
Ayala's annual base salary $700k, target bonus 150%, total target equity award $4.25M for FY2022.
Both executives eligible for 18-month salary continuation, prorated bonus, and equity vesting on involuntary termination without cause.

item 5.02

Executive movements

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Appointed

John Ayala

Chief Operating Officer

ADP · AUTOMATIC DATA PROCESSING INC

Effective: 2022-01-01
Filed: December 1, 2021, 6:59 PM ET

On December 1, 2021, Automatic Data Processing, Inc. (the “Company” or “ADP”) announced that effective as of January 1, 2022, Maria Black is appointed to the position of President, ADP, and John Ayala is appointed to the position of Chief Operating Officer.

Appointed

Maria Black

President, ADP

ADP · AUTOMATIC DATA PROCESSING INC

Effective: 2022-01-01
Filed: December 1, 2021, 6:59 PM ET

On December 1, 2021, Automatic Data Processing, Inc. (the “Company” or “ADP”) announced that effective as of January 1, 2022, Maria Black is appointed to the position of President, ADP, and John Ayala is appointed to the position of Chief Operating Officer.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

John Ayala was appointed as Chief Operating Officer at AUTOMATIC DATA PROCESSING INC.

Action: appointed
Role: Chief Operating Officer

Exact text from the filing

On December 1, 2021, Automatic Data Processing, Inc. (the “Company” or “ADP”) announced that effective as of January 1, 2022, Maria Black is appointed to the position of President, ADP, and John Ayala is appointed to the position of Chief Operating Officer.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Maria Black was appointed as President, ADP at AUTOMATIC DATA PROCESSING INC.

Action: appointed
Role: President, ADP

Exact text from the filing

On December 1, 2021, Automatic Data Processing, Inc. (the “Company” or “ADP”) announced that effective as of January 1, 2022, Maria Black is appointed to the position of President, ADP, and John Ayala is appointed to the position of Chief Operating Officer.

View on SEC.gov

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Source: SEC EDGAR

accession 0000950142-21-003857

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