ADP Appoints Karen E. Dykstra Chief Financial Officer.Business Editors ROSELAND, N.J.--(BUSINESS WIRE)--Jan. 29, 2003 The board of directors of Automatic Data Processing Same as data processing. , Inc. has appointed Karen E. Dykstra chief financial officer, it was announced by Arthur F. Weinbach, chairman, and chief executive officer. Ms. Dykstra, 44, joined ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. in 1981 and has held various senior financial positions, including corporate controller and vice president, finance. She resides with her family in Mendham, New Jersey. Mr. Weinbach commented, "Karen has had an extraordinary career at ADP. For over 20 years she has progressed through increasingly more responsible financial positions in our Corporate office, Employer Services and Dealer Services divisions with consistently excellent performance. We are all pleased for Karen, and looking forward to even greater contributions in her new role as the chief financial officer of ADP." ADP, with over $7 billion in revenues and 500,000 clients, is one of the largest independent computing computing - computer services firms in the world. This release contains "forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. " based on management's expectations and assumptions that are subject to risks and uncertainties that may cause actual results to differ from those expressed. Factors that could cause differences include: ADP's success in obtaining, retaining and selling additional services to clients; the pricing of products and services; changes in laws regulating payroll taxes Payroll Tax Tax an employer withholds and/or pays on behalf of their employees based on the wage or salary of the employee. In most countries, including the U.S., both state and federal authorities collect some form of payroll tax. and employee benefits; overall economic trends, including interest rate and foreign currency trends; stock market activity; auto sales Auto Sales The major producers of domestic automobiles report sales monthly. These numbers are seasonally adjusted by the U.S. Department of Commerce and are available to the public one to five business days after the end of each month. and related industry changes; employment levels; changes in technology; availability of skilled technical associates; and the impact of new acquisitions. ADP disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. |
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