Arthur F. Weinbach had significant equity in Automatic Data Processing (ADP). By 2019, Weinbach’s holdings were valued at over $800 million, primarily consisting of ADP shares. This wealth came partly from stock options and bonuses awarded during his tenure as...
Arthur F. Weinbach had significant equity in Automatic Data Processing (ADP). By 2019, Weinbach’s holdings were valued at over $800 million, primarily consisting of ADP shares. This wealth came partly from stock options and bonuses awarded during his tenure as CEO. Notably, he received a total compensation of $1,061,845 in 2005, with his salary being $816,250 and a bonus of $990,000 tied to the company’s performance. After his retirement in 2006, Weinbach continued to hold over a million shares, indicating continued confidence in ADP's direction. This strong financial position showcases the impact of his leadership and strategic decisions during his tenure.