Business Context and Reporting Period
This Form 8-K Current Report was filed by Automatic Data Processing, Inc. (ADP) on February 14, 2022. The report discloses a corporate governance event regarding the Board of Directors.
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 reported is the appointment of a new director to the Board of Directors:
- Appointee: David Goeckeler.
- Effective Date: February 14, 2022.
- Background: Mr. Goeckeler is the Chief Executive Officer of Western Digital Corporation.
- Compensation: He will be compensated in the same manner as other non-employee directors, consistent with the 2021 Proxy Statement.
- Committee Assignments: Not yet determined; an amended Form 8-K/A will be filed once assignments are made.
Guidance, Outlook, and Risks
This filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. It is strictly a disclosure of a director appointment.
Investor Verification Checklist
- Verify the effective date of David Goeckeler's appointment (February 14, 2022).
- Review the attached Press Release (Exhibit 99) for additional biographical details.
- Monitor for a subsequent Form 8-K/A to confirm Mr. Goeckeler's specific committee assignments.
- Refer to the 2021 Proxy Statement for details on the non-employee director compensation program applicable to the new appointee.