Last week, ADP disclosed that Ackman’s Pershing Square Capital Management bought an 8% stake in the company and is seeking multiple seats on the board. As part of the overhaul, Ackman was looking to replace the CEO.
Last week, ADP disclosed that Ackman’s Pershing Square Capital Management bought an 8% stake in the company and is seeking multiple seats on the board. As part of the overhaul, Ackman was looking to replace the CEO.