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In 1961, the company changed its name to Automatic Data Processing, Inc. (ADP), and began using punched card machines, check printing machines, and mainframe computers. ADP went public in 1961 with 300 clients, 125 employees, and revenues of approximately US$400,000. [3] The company established a subsidiary in the United Kingdom in 1965.
Henry Taub (September 20, 1927 – March 31, 2011) [1] was an American businessman and philanthropist of Hungarian-Jewish descent who was a co-founder of ADP. Raised in Paterson, New Jersey, Taub attended Eastside High School. [2] Taub was educated at New York University. He graduated from NYU in 1947 with a degree in accounting. [3]
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Richison founded Paycom in 1998 and has remained on as its President and Chief Executive Officer. Paycom is believed to be one of the first companies to process payroll completely online and has been recognized by Fortune, Forbes and Inc. Magazine for its continued growth as one of the fastest-growing companies in the U.S. [4][5] On April 21 ...
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