ADP Enhances Leadership Board with Nominations of Karen S. Lynch and Robert H. Swan

On September 25, 2025, ADP, a prominent entity in the HR and payroll sector, disclosed a significant development in its leadership structure by nominating Karen S. Lynch and Robert H. Swan to its Board of Directors. This announcement precedes ADP's Annual Meeting of Stockholders slated for November 12, 2025, presenting an opportunity for stakeholders to witness the integration of two accomplished professionals into the organization's governance.

Karen S. Lynch brings a wealth of experience to ADP. Having spent over thirty years in the healthcare industry, she is recognized for her transformative leadership during her tenure as President and CEO of CVS Health Corporation between 2021 and 2024. Her strategic acumen and operational insights from navigating the complexities of the health sector position her as a valuable asset for ADP as it continues to evolve in a rapidly changing landscape. Prior to leading CVS, Lynch served as Executive Vice President of the company from 2018 to 2021, and she was pivotal during CVS's acquisition of Aetna, which she led as President from 2015 until the merger. Lynch’s career began at Ernst & Young LLP, where she honed her skills as a Certified Public Accountant. Additionally, she holds notable positions, including being a director at Thermo Fisher Scientific Inc., and has educational credentials that reflect her expertise—a Bachelor of Science from Boston College and an MBA from Boston University.

Robert H. Swan, the second nominee, adds a complementary skill set to the ADP Board with his extensive background in global operations, finance, and leadership in large-scale technology enterprises. Prior to his current role as an Operating Partner at venture capital firm Andreessen Horowitz, Swan held the CEO position at Intel Corporation from February 2019 to February 2021, demonstrating his capability in managing significant corporate challenges. His earlier experiences include top roles within companies like eBay and TRW Inc., where he significantly contributed to their strategic direction and financial health. Commencing his career at General Electric, Swan has accumulated a robust portfolio of leadership experiences and holds a Bachelor of Arts degree from the State University of New York at Buffalo and an MBA from SUNY Binghamton.

In a joint statement, Thomas J. Lynch, the independent non-executive chair of the ADP Board, expressed enthusiasm for welcoming Karen and Bob, highlighting their deep reservoirs of experience—which he noted would be instrumental as ADP pursues its strategic objectives. Furthermore, Maria Black, ADP's CEO, emphasized that their nominations align with the company's focus on integrating advanced technologies in HR solutions while enhancing user experiences through insightful and personalized services. This strategic appointment reflects ADP's commitment to adapting and thriving in an evolving business landscape where new technologies and workplace dynamics continuously reshape business operations.

ADP, established for over 75 years, remains a global leader in providing comprehensive HR and payroll solutions. By infusing its leadership with the expertise of Lynch and Swan, the company reaffirms its resolve to push boundaries and foster innovation that enhances operational efficiency for over 1.1 million clients across 140-plus countries.

These new nominations underscore a proactive approach to navigating the increasingly complex challenges businesses face today, affirming ADP's status as an organization committed to leading in human capital management. Both Lynch and Swan are expected to play pivotal roles in guiding ADP's strategic initiatives, ensuring the company remains at the forefront of industry evolution and client satisfaction as it designs solutions backed by robust insights and advanced technology.

Topics General Business)

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