Arthur F. Weinbach was the CEO of Automatic Data Processing, Inc. (ADP) from 1998 to 2006. During his time as CEO, he earned over $1 million in 2005, with a big portion coming from a bonus related to the company's...

Arthur F. Weinbach was the CEO of Automatic Data Processing, Inc. (ADP) from 1998 to 2006. During his time as CEO, he earned over $1 million in 2005, with a big portion coming from a bonus related to the company's performance. Even after retiring, he kept a significant amount of ADP stock, which was worth over $800 million in 2019, showing his strong belief in the company's future. His leadership led to strong growth at ADP, and he remained involved with the company as non-executive chairman until 2007. Weinbach’s approach to compensation was tied to the company's earnings, aligning his success with that of the business. After being with the company for many years, he left a legacy of financial discipline and strategic thinking that shaped ADP's culture for years to come.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other Automatic Data Processing, Inc. CEOs

A

Arthur F. Weinbach

Ex-CEO of Automatic Data Processing, Inc.

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Industrials

Born

June 14, 1943 - 81 years ago

CEO of Automatic Data Processing, Inc. for

7 years 11 months (Sep 1998 - Aug 2006)

Previous Experience

Unknown

Rivals

Competitors/colleagues of Arthur F. Weinbach

G

Eugene A. Hall

CEO of Gartner

2021 Compensation

Stock

$3.00M

Salary

$1.20M

Bonus

$500.00K

Other

$200.00K

Total Holdings

$554.88M

V

Lee M. Shavel

CEO of Verisk Analytics, Inc.

2023 Compensation

Stock

$0.00

Salary

$925.00K

Bonus

$2.00M

Other

$37.56K

Total Holdings

$56.29M

A

Joseph A. Ferraro

CEO of Avis Budget Group

2023 Compensation

Stock

$26.83M

Salary

$1.25M

Bonus

$0.00

Other

$1.51M

Total Holdings

$1.65M

R

Jerry E. Gahlhoff, Jr.

CEO of Rollins

2023 Compensation

Stock

$1.04M

Salary

$1.00M

Bonus

$0.00

Other

$40.86K

Total Holdings

$15.07M

B

Horacio Rozanski

CEO of Booz Allen Hamilton

2023 Compensation

Stock

$1.50M

Salary

$1.20M

Bonus

$500.00K

Other

$200.00K

Total Holdings

$70.96M

Holdings

See how much did Arthur F. Weinbach make over time.

Arthur F. Weinbach had significant equity in Automatic Data Processing (ADP). By 2019, Weinbach’s holdings were valued at over $800 million, primarily consisting of ADP shares. This wealth came partly from stock options and bonuses awarded during his tenure as...

Arthur F. Weinbach had significant equity in Automatic Data Processing (ADP). By 2019, Weinbach’s holdings were valued at over $800 million, primarily consisting of ADP shares. This wealth came partly from stock options and bonuses awarded during his tenure as CEO. Notably, he received a total compensation of $1,061,845 in 2005, with his salary being $816,250 and a bonus of $990,000 tied to the company’s performance. After his retirement in 2006, Weinbach continued to hold over a million shares, indicating continued confidence in ADP's direction. This strong financial position showcases the impact of his leadership and strategic decisions during his tenure.

Insider Trading

See recent insider trades of Arthur F. Weinbach.

No insider trades found for this CEO.

Compensation History

See how much did Arthur F. Weinbach make over time.

While leading ADP from 1998 to 2006, Arthur F. Weinbach's compensation reflected his company's strong performance. In 2005, he received total pay of $1,061,845, which included a base salary of $816,250 and a sizable $990,000 bonus. The bonus was based on meeting specific performance objectives, highlighting how his interests were aligned with the company’s success. Even in his final year as CEO in 2006, he earned $146,667, despite being on the verge of retirement. His compensation was designed to reward not just his work, but also the overall growth and profitability of the company. This philosophy helped build a performance-oriented culture at ADP.

Year

2006

Total Compensation

$146.67K

Salary

$146.67K

Board Justification

The company aims to align executive compensation with performance and retention strategies, ensuring competitive pay to attract and retain top talent.

Bonus

$0.00

Board Justification

No cash bonus was awarded for fiscal year 2006 as he retired on August 31, 2006.

Other

$0.00

Board Justification

No other compensation was reported for fiscal year 2006 as he retired on August 31, 2006.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2006 as he retired before the vesting date of any awards.

Performance Metrics

The performance metrics for determining compensation were based on company-wide earnings per share growth and other financial targets.

Other Automatic Data Processing, Inc. CEOs

Here are other CEOs of Automatic Data Processing, Inc.

Gary C. Butler

Ex-CEO of Automatic Data Processing, Inc.

August 2006 - November 2011