1. ADP is Already Making Changes Ackman Wants

    ADP is Already Making Changes Ackman Wants

    Automatic Data Processing Inc is already making many of the changes activist shareholder William Ackman is advocating, but it will take time to see results, Chief Executive Officer Carlos Rodriguez said in an interview on Wednesday. "We have a pretty good track record of being able to deliver good improvements in our own business without making massive one-time job cuts," Rodriguez said...

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    1. We have a pretty good track record of being able to deliver good improvements in our own business without making massive one-time job cuts.
    2. His public potshots are not good for our associates, they are not good for the clients and they are not good for anyone.
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