The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

ADP Announces Inaugural Class of Henry Taub Scholars

Tuesday, July 24, 2012

ADP Announces Inaugural Class of Henry Taub Scholars09:00 EDT Tuesday, July 24, 2012Company Expands Corporate Scholarship Program In Memory of ADP Founder's Commitment to EducationROSELAND, N.J., July 24, 2012 /PRNewswire/ -- ADP® today announced the five members of the inaugural class of Henry Taub Scholars, a newly established college scholarship program, recognizing outstanding academic achievement and honoring the company's late founder Henry Taub's deeply held belief in the importance of higher education.(Photo:  http://photos.prnewswire.com/prnh/20120724/NY45228 )An expansion of ADP's current scholarship program, the Henry Taub Scholars is open to ADP associate family members who are pursuing an undergraduate college education and awards up to $20,000 in annual financial assistance for tuition and books.  The 2012 Henry Taub Scholars are Anar Bata (Brea, CA), Mollie Berkowitz (Jenkintown, PA), Michael Mungiello (Livingston, NJ), Rohan Rastogi (Irvine, CA) and Karina Chornenka (Woodbridge, Ontario, Canada). "Henry Taub strongly believed education unlocked the doors to success," said Carlos A. Rodriguez, president and chief executive officer of ADP. "The establishment of the Henry Taub Scholars program clearly honors Henry's unwavering view that learning empowers people, and seeks to instill this belief to five deserving children from our family of ADP associates worldwide."ADP enlisted the services of International Scholarship and Tuition Services, Inc. (ISTS) to identify the five Henry Taub Scholar finalists based on a range of criteria including: academic achievements, extracurricular activities and community involvement, leadership roles, and an essay. The Henry Taub Scholars is a new addition to ADP's broader, ongoing scholarship program through the ADP Foundation, which has provided millions of dollars in scholarships to hundreds of children of ADP associates over the last 40 years."The ADP Foundation works to help enhance lives, and one of the most important focal points involves assisting the children of our associates pursue their dreams with academic scholarships.  As Henry Taub knew, education fosters achievement and enables an enriched quality of life," said Mike Capone, chief information officer of ADP and a trustee of the ADP Foundation. About ADPAutomatic Data Processing, Inc. (NASDAQ: ADP), with about $10 billion in revenues and approximately 570,000 clients, is one of the world's largest providers of business outsourcing solutions. Leveraging over 60 years of experience, ADP offers a wide range of human resource, payroll services, tax and benefits administration solutions from a single source. ADP's easy-to-use solutions for employers provide superior value to companies of all types and sizes. ADP is also a leading provider of integrated computing solutions to auto, truck, motorcycle, marine, recreational vehicle, and heavy equipment dealers throughout the world. For more information about ADP or to contact a local ADP sales office, reach us at 1.800.225.5237 or visit the company's Web site at www.ADP.com.About The ADP FoundationCreated in 1978, the ADP Foundation supports ADP associates through a variety of philanthropic programs, including the Workplace Giving Campaign and Matching Gift initiatives, to help fund a diverse array of charities. In addition, the ADP Foundation supports the ADP Scholarship Program, which enables ADP associates to apply for financial support for their child's undergraduate education.For more information, contact:James Duffy, ADP(973) 712-2070SOURCE ADP