Arthur F. Weinbach was the CEO of Automatic Data Processing, Inc. (ADP) from 1998 to 2006. During his time as CEO, he earned over $1 million in 2005, with a big portion coming from a bonus related to the company's...

Arthur F. Weinbach was the CEO of Automatic Data Processing, Inc. (ADP) from 1998 to 2006. During his time as CEO, he earned over $1 million in 2005, with a big portion coming from a bonus related to the company's performance. Even after retiring, he kept a significant amount of ADP stock, which was worth over $800 million in 2019, showing his strong belief in the company's future. His leadership led to strong growth at ADP, and he remained involved with the company as non-executive chairman until 2007. Weinbach’s approach to compensation was tied to the company's earnings, aligning his success with that of the business. After being with the company for many years, he left a legacy of financial discipline and strategic thinking that shaped ADP's culture for years to come.