ADP has four former CEOs and three active CEOs on its board. The actives include ADP’s own chief, Carlos Rodriguez, who is also on the board of Microsoft (No. 1 on this list); and Nazzic Keene, CEO of SAIC. ADP scored high in the Modern Board ranking for nationality dispersion, board independence, and board expertise.
The HR software and services company has received analyst praise for steady cash flow, stability of demand for its offerings, and strong dividends. William J. Ready, president of commerce at Google, and Francine Katsoudas, chief people officer at Cisco, are also ADP board members. The company projects steady (6%) revenue growth for its employer services arm in 2022, along with 13% to 15% growth for its PEO (professional employer organization) division.
Carlos A. Rodriguez
|No. of employees||56,000|
Software and Services