After having virtually no change in his compensation from 2014 to 2015, Carlos Rodriguez, CEO of Automatic Data Processing, received a 32.1-percent increase for 2016. The boost in pay for the year ended June 30 came from three compensation categories, including stock and option award. But the biggest hike came from the change in his pension value and deferred compensation.

 

The CEO's total for 2016 was $10.9 million, up from $8.3 million in 2015. Just under $1 million of the increase came from the pension and deferred pay category. The total this year was $2.3 million, an increase from $1.2 million last year.

The other big change came in option awards of just under $2.6 million, an increase of 25 percent from $2.1 million the prior year. The total was dented by a decline in Non-Equity Incentive Plan Compensation, which fell from slightly less than $2 million in 2015, down 18.8 percent, to $1.6 million this year.

CFO Jan Siegmund's pay for 2016 was $4.2 million, an increase of 16 percent from $3.6 millon the prior year. Mark Benjamin, who was head the Global Enterprise Solutions division, drew $3.1 million for the most recently ended fiscal year, a rise of 9 percent from $2.8 million 2015. A 22-year ADP veteran, Benjamin left the payroll giant in September to become president and COO of NCR.

Edward Flynn, EVP of worldwide sales and marketing saw his compensation fall 24.1 percent to $2.6 million, off from the 2015 total of $3.4 million. Human resources chief Dermot O'Brien had $2.6 million in 2016 compensation, an increase of 51 percent from $1.7 million the prior year.

Bob Scott
Bob Scott has provided information to the tax and accounting community since 1991, first as technology editor of Accounting Today, and from 1997 through 2009 as editor of its sister publication, Accounting Technology. He is known throughout the industry for his depth of knowledge and for his high journalistic standards.  Scott has made frequent appearances as a speaker, moderator and panelist and events serving tax and accounting professionals. He  has a strong background in computer journalism as an editor with two former trade publications, Computer+Software News and MIS Week and spent several years with weekly and daily newspapers in Morris County New Jersey prior to that.  A graduate of Indiana University with a degree in journalism, Bob is a native of Madison, Ind
Last modified on Tuesday, 11 October 2016
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