In the Margins

Pershing Square nominates three to ADP board

August 11, 2017

Pershing Square Capital Management has nominated three directors, including its CEO Bill Ackman, to Automatic Data Processing's board. In addition to Ackman, Pershing Square has nominated Veronica Hagen, the retired CEO of Polymer Group, and Paul Unruh, a retired executive of Bechtel Group. They will be formally introduced at ADP's upcoming annual shareholder meeting. Read the original story from CNBC.