Mon, 23 Oct 2006 5:00:00 PDT
NEW YORK, NY -- (MARKET WIRE) -- 10/23/2006 -- ADP Brokerage Services Group, a division of
Automatic Data Processing, Inc. (
In this new role, Jeff will be responsible for coordinating significant global relationships that cross multiple lines of business. His goal will be to deepen and extend ADP Brokerage Group's stated mission of World Class service.
Jeff brings more than 30 years of operations and treasury management experience in the U.S. and international markets, including experience developing and supporting financial products, cross-border clearance, settlement and asset servicing activities. Previously, Jeff worked in leadership roles at Salomon Brothers and Daiwa Securities America, Inc. and most recently served as Managing Director of International Services and Products for the Depository Trust and Clearing Corporation (DTCC).
In addition, Jeff is a former member of the America's Central Securities Depositories Association (ACSDA) and the Securities Industry Association's (SIA) Operations Cross-Border Subcommittee. He was also the past president of both the Cashiers Association of Wall Street and the SIA's Securities Operations Division.
"At this important juncture in the growth of ADP Brokerage Services Group, I am pleased to welcome Jeff as a key addition to our management team, supporting our need to strengthen our client relationships as we continue our drive for world class service," said John Hogan, Co-President, ADP Brokerage Services Group.
About ADP Brokerage Services Group
As the premier provider of transaction services to the financial industry, ADP has the capacity and technological expertise to assist its clients in differentiating themselves in the marketplace. ADP brings to financial intermediaries advanced, integrated systems for securities processing, desktop productivity and investor communication services, all focused on providing solutions for straight through processing and World Class Service.
ADP, with $9.0 billion in revenues and more than 570,000 clients worldwide, is one of the largest providers of a broad range of premier, mission-critical, cost-effective transaction processing and information-based business solutions. For more information about ADP Brokerage Services Group, please visit www.bsg.adp.com and for other ADP services and investor information, please visit www.adp.com.
Press Contacts: Dorothy Friedman ADP Brokerage Services Group (212) 918-6920 Email Contact
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