Michael A.  Bonarti net worth and biography

Michael Bonarti Biography and Net Worth

Michael Bonarti is Chief Administrative Officer at ADP. In this role, he is responsible for leading ADP’s legal, global security and transformation organizations.

Michael joined ADP in May 1997 as a corporate attorney specializing in mergers and acquisitions. Over time, Michael was given additional responsibilities for the legal oversight of a variety of ADP's businesses, both domestic and international. In April 2010, he became ADP's interim General Counsel, and in June 2010, ADP's Board of Directors appointed Michael to the role of Corporate Vice President, General Counsel and Secretary. During his tenure, he has innovated how ADP’s Global Legal organization serves its stakeholders, leading with a transformational mindset.

Before joining ADP, Michael was an associate with Shearman & Sterling, where he worked on a variety of U.S. and international M&A and corporate finance transactions.

He holds a J.D. from the University of Chicago Law School, and a B.A. from Cornell University.

He was admitted to the New York bar in 1991 and was granted a New Jersey In-House Counsel Limited License in 2005.

What is Michael A. Bonarti's net worth?

The estimated net worth of Michael A. Bonarti is at least $26.40 million as of August 26th, 2024. Mr. Bonarti owns 88,426 shares of Automatic Data Processing stock worth more than $26,403,119 as of November 21st. This net worth evaluation does not reflect any other assets that Mr. Bonarti may own. Additionally, Mr. Bonarti receives an annual salary of $1,440,000.00 as VP at Automatic Data Processing. Learn More about Michael A. Bonarti's net worth.

How old is Michael A. Bonarti?

Mr. Bonarti is currently 59 years old. There are 7 older executives and no younger executives at Automatic Data Processing. The oldest executive at Automatic Data Processing is Mr. Don Edward McGuire, Chief Financial Officer, who is 64 years old. Learn More on Michael A. Bonarti's age.

What is Michael A. Bonarti's salary?

As the VP of Automatic Data Processing, Inc., Mr. Bonarti earns $1,440,000.00 per year. There are 3 executives that earn more than Mr. Bonarti. The highest earning executive at Automatic Data Processing is Ms. Maria Black, President, CEO & DIrector, who commands a salary of $3,380,000.00 per year. Learn More on Michael A. Bonarti's salary.

How do I contact Michael A. Bonarti?

The corporate mailing address for Mr. Bonarti and other Automatic Data Processing executives is ONE ADP BOULVARD, ROSELAND NJ, 07068. Automatic Data Processing can also be reached via phone at (973) 974-5000 and via email at [email protected]. Learn More on Michael A. Bonarti's contact information.

Has Michael A. Bonarti been buying or selling shares of Automatic Data Processing?

Michael A. Bonarti has not been actively trading shares of Automatic Data Processing during the past quarter. Most recently, Michael A. Bonarti sold 26,442 shares of the business's stock in a transaction on Monday, August 26th. The shares were sold at an average price of $270.96, for a transaction totalling $7,164,724.32. Following the completion of the sale, the vice president now directly owns 88,426 shares of the company's stock, valued at $23,959,908.96. Learn More on Michael A. Bonarti's trading history.

Who are Automatic Data Processing's active insiders?

Are insiders buying or selling shares of Automatic Data Processing?

During the last twelve months, insiders at the business services provider sold shares 12 times. They sold a total of 114,454 shares worth more than $31,786,262.25. The most recent insider tranaction occured on November, 6th when VP Sreenivasa Kutam sold 38,975 shares worth more than $11,692,500.00. Insiders at Automatic Data Processing own 0.2% of the company. Learn More about insider trades at Automatic Data Processing.

Information on this page was last updated on 11/6/2024.

Michael A. Bonarti Insider Trading History at Automatic Data Processing

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
8/26/2024Sell26,442$270.96$7,164,724.3288,426View SEC Filing Icon  
7/27/2023Sell7,049$254.75$1,795,732.7567,044View SEC Filing Icon  
9/4/2018Sell2,334$144.77$337,893.18View SEC Filing Icon  
7/2/2018Sell2,372$132.66$314,669.5241,023View SEC Filing Icon  
1/23/2018Sell28,930$122.12$3,532,931.60View SEC Filing Icon  
1/2/2018Sell3,900$116.03$452,517.00View SEC Filing Icon  
7/3/2017Sell2,932$101.98$299,005.3646,256View SEC Filing Icon  
9/6/2016Sell4,840$89.72$434,244.8041,746View SEC Filing Icon  
3/2/2015Sell6,498$88.88$577,542.24View SEC Filing Icon  
See Full Table

Michael A. Bonarti Buying and Selling Activity at Automatic Data Processing

This chart shows Michael A Bonarti's buying and selling at Automatic Data Processing by year and by quarter.

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Automatic Data Processing Company Overview

Automatic Data Processing logo
Automatic Data Processing, Inc. provides cloud-based human capital management solutions worldwide. It operates in two segments, Employer Services and Professional Employer Organization (PEO). The Employer Services segment offers strategic, cloud-based platforms, and human resources (HR) outsourcing solutions. Its offerings include payroll services, benefits administration, talent management, HR management, workforce management, insurance, retirement, and compliance services, as well as integrated HCM solutions. The PEO Services segment provides HR outsourcing solution to businesses through a co-employment model. This segment offers employee benefits, protection and compliance, talent engagement, expertise, comprehensive outsourcing, and recruitment process outsourcing services. Automatic Data Processing, Inc. was founded in 1949 and is headquartered in Roseland, New Jersey.
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Today's Range

Now: $298.59
Low: $295.15
High: $300.62

50 Day Range

MA: $288.47
Low: $272.88
High: $307.91

2 Week Range

Now: $298.59
Low: $227.12
High: $309.37

Volume

2,158,647 shs

Average Volume

1,633,587 shs

Market Capitalization

$121.66 billion

P/E Ratio

31.87

Dividend Yield

1.88%

Beta

0.79