ADP 2001 Annual Report Download - page 6

product to market. While this initiative is still relatively new,
our product offerings today and our expectations for exciting
new product introductions in ‘02 give us confidence that
we are ahead of our competition in most areas. We are
working to extend that advantage.
Our Associates
P
erhaps there is nothing that differentiates ADP as
much as our associates. We have a team of 41,000
associates who, through their caring, commitment and
hard work, provide world class service every day to our
over 500,000 clients.
When times get tough, as they did this year, and we need
to tighten our cost structure, we ask a lot of our associates.
They have responded with a renewed spirit of teamwork
and helped to make ADP stronger than ever. We are very
proud and fortunate to attract and retain such exceptional
individuals. Our associates are ADP’s face to our prospects
and clients, and make our success happen every day
through their actions.
This year, Jan Colby joined ADP as Corporate Vice
President in charge of our Employer Services (ES) Emerging
Business Services (EBS) division, and Peter Op de Beeck,
Vince Coppola, Andoni Iturrioz and Jay Rising were pro-
moted to Corporate Vice President in recognition of their
significant contributions to ADP’s success and assumption
of increased responsibilities.
Bud Angelus, President of our ES EBS business;
Tim Lamb, President of our ES National Accounts business;
Philippe Gluntz, President of ES Europe; and Rich Haviland,
ADP’s Chief Financial Officer, elected to retire, each after
many years of service. Their contributions were immense.
We will miss them and we wish them well in retirement.
Additionally, we are honored to welcome back one of
ADP’s founders, Frank Lautenberg, as an honorary director.
Frank joined ADP in 1952, rose to chief executive officer
in 1975 and, after a 30-year ADP career, left in 1983 to
start a distinguished 18-year tenure as a U.S. Senator from
New Jersey.
Future Forecast
W
e are very confident that ADP is well positioned
for long-term growth and profitability. In fiscal year
2002, despite macroeconomic changes that are
slowing revenue growth, we anticipate our 41st consecutive
year of double-digit growth in earnings per share.
These are the times when the ADP business model
shines. It is an exciting time for ADP. We look to the future
with great confidence.
Results like these are earned by many ADP associates
pulling in the same direction at the same time. Our thanks
to each and every associate for their contributions.
Arthur F. Weinbach Gary C. Butler
Chairman and President and
Chief Executive Officer Chief Operating Officer
August 13, 2001
growth
“ADP is well positioned for
long-term growth and profitability.”
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