ADP aligns two divisions under new presidents.ROSELAND, N.J.--(BUSINESS WIRE)--Dec. 10, 1996-- Albert (Bud) Angelus Named President of General Services Division; George Stoeckert Named President of Major Accounts Division Automatic Data Processing Same as data processing. Inc. (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. (R)) has completed the process of focusing three of the company's Employer Services business units -- General Services, Major Accounts, and National Accounts -- on the markets they serve. The announcement was made by Gary Butler, group president of ADP Employer Services, who explained that the alignment of these divisions under their first presidential-level executives is designed to consolidate operations and more effectively deliver world-class services to clients. The company has also named new presidents for two of the three divisions. Bud Angelus has been promoted to president of ADP's General Services Division, which provides payroll, payroll tax 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. filing, HR, benefits, unemployment compensation management, and direct deposit services to small businesses with less than 100 employees. In his new role, Angelus will be responsible for the division's sales, marketing, operations, and finance activities. Prior to joining ADP in 1988, Angelus served as vice president/general manager with Xerox Corp. George I George I, king of Greece George I, 1845–1913, king of the Hellenes (1863–1913), second son of Christian IX of Denmark. After the deposition (1862) of Otto I, he was elected to succeed on the throne of Greece. . Stoeckert has been promoted to president of ADP's Major Accounts Division, which markets human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees. information systems (HRIS HRIS Human Resource Information System HRIS High-Resolution Imaging Spectrometer HRIS Highway Research Information Service HRIS High Resolution Infrared Sounder ) and software and payroll processing and related services to companies of 100 to 1000 employees. Stoeckert is also responsible for ADP's Canadian businesses in the HRIS and payroll processing and services business. Prior to joining ADP in 1991, Stoeckert was a senior officer of Ryder System Inc., the $5 billion transportation and logistics services company, where he was president of Ryder's Insurance Management Services Division. Both Angelus and Stoeckert are also corporate vice presidents of Automatic Data Processing Inc. About ADP Inc. ADP provides computerized transaction processing Updating the appropriate database records as soon as a transaction (order, payment, etc.) is entered into the computer. It may also imply that confirmations are sent at the same time. Transaction processing systems are the backbone of an organization because they update constantly. , data communications data communications, application of telecommunications technology to the problem of transmitting data, especially to, from, or between computers. In popular usage, it is said that data communications make it possible for one computer to "talk" with another. , software and information services See Information Systems. to more than 375,000 clients worldwide in virtually every business and industry. The company, founded in 1949, has more than $3.5 billion in annual revenues. Employer Services, its oldest and largest business, offers a comprehensive range of payroll, payroll tax deposit and reporting, HR, benefits, and time and attendance, 401(k) recordkeeping and unemployment compensation management services. In addition, ADP provides market data, securities transaction processing and investor communications services to the brokerage and financial communities; industry-specific computing and consulting services for auto and truck dealers; and computerized auto repair estimating and auto parts availability services. For more information about ADP's products and services, visit the ADP web site at http://www.adp.com. -0- ADP is a registered trademark of Automatic Data Processing Inc. CONTACT: ADP Linda Strauss, 201/994-5963 |
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