After following established procedures to complete a thorough review of Pershing Square's nominees, including conducting individual interviews with each candidate, the Nominating/Corporate Governance Committee determined that none of the Pershing Square nominees bring additive skills or experience to ADP's Board. As a result, ADP's Board plans to nominate its 10 existing directors for re-election at the 2017 Annual Meeting:
ADP's Board is committed to maintaining best-in-class corporate governance standards. ADP directors are elected annually and all directors of the Board are independent, other than CEO
"The ADP Board has been regularly focused on director refreshment and adding important skills and experience to our Board," said
About ADP (NASDAQ: ADP)
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