Former ADP chief was arrested for criminal domestic violence just days before the company announced his retirement

By Associated Press
Updated: 20:30 EST, 18 November 2011


Arrested: Gary Butler's mugshot in Beaufort, South Carolina, on November 6

Arrested: Gary Butler's mugshot in Beaufort, South Carolina, on November 6

Former ADP chief executive Gary Butler was arrested on a criminal domestic violence charge a few days before the payroll processing company announced his retirement earlier this month, according to a report in The Wall Street Journal.

Butler did not return a call from The Associated Press seeking comment.

ADP said in an email that Butler told the board on November 8 he had decided to retire for personal reasons and resign from the board.

The company said the board was aware of the 'circumstances surrounding his decision.'

'Out of respect for his privacy, ADP is not commenting further,' the e-mail said.

The Roseland, New Jersey, company held its annual meeting on November 8, and Butler was re-elected by shareholders to a one-year term on the company's board of directors.

The next day, ADP said the 65-year-old executive had retired after 37 years with the company.

ADP named President and Chief Operating Officer Carlos A. Rodriguez to replace him under a succession plan that had been established by its board.

Mr Rodriguez, 47, joined the company in 1999 and was named president and chief operating officer in May.

The newspaper reported that Butler was arrested on November 6 in Beaufort County, South Carolina, where he owns a home.

Butler joined the company in 1975 and became CEO in 2006.

ADP said late last month that new clients from both core growth and acquisitions pushed its fiscal first-quarter profit up nine per cent.

ADP reported earnings of $302.7 million, or 61 cents per share, as revenue rose 13 per cent to $2.52 billion.

ADP shares slipped four cents to $49.99 in midday trading Friday.


 

Comments (0)

Share what you think

We are no longer accepting comments on this article.

Who is this week's top commenter? Find out now