Business Context and Reporting Period
This Form 8-K Current Report was filed by Automatic Data Processing, Inc. (ADP) on May 8, 2024. The filing discloses a specific corporate governance event regarding the appointment of a senior financial officer.
Key Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The material change disclosed is a leadership transition within the finance department:
- Appointment: Jonathan Lehberger was appointed Corporate Controller, effective July 1, 2024.
- Departure: Brock Albinson will step down from the role of Corporate Controller on June 30, 2024.
- Role Scope: As Corporate Controller, Mr. Lehberger will serve as the Company's principal accounting officer.
Management Commentary and Background
Mr. Lehberger, age 51, has been with ADP since January 2004. His recent roles include:
- Senior Vice President, Financial Strategy and Planning (April 2022 – Present).
- CFO for Small Business Services (May 2021 – March 2022).
- CFO, Major Account Services and ADP Canada (January 2017 – April 2021).
The filing contains no forward-looking guidance, risk factors, or discussion of unusual items beyond the personnel change.
Investor Verification Checklist
- Verify the effective date of the transition (July 1, 2024) and the departure date of the predecessor (June 30, 2024).
- Confirm Mr. Lehberger's tenure and prior internal roles to assess institutional knowledge.
- Note that this filing is strictly administrative and does not impact current quarter financial results.