News & Commentary Posts: 1 Mike Capone is corporate vice president of product development and Chief Information Officer for ADP (Nasdaq: ADP), a leading provider of human capital management services and one of the world's largest providers of business process outsourcing solutions. Combining a unique blend of client-facing operational experience and strong technical knowledge, Capone guides both product development and information technology.
Leveraging more than 60 years of experience, ADP offers a wide range of human resource, payroll, tax and benefits administration solutions from a single source. Today, the company serves approximately 600,000 clients worldwide and generates more than $10 billion in annual revenues. As one of the world's largest business-to-business software providers, ADP is also one of the most innovative companies when it comes to developing and deploying technology. The company helped pioneer the cloud computing industry and Software-as-a-Service (SaaS) business model, and currently serves more than 200,000 SaaS clients and over 14 million users on its SaaS platforms.
Under Mr. Capone's leadership as CVP & CIO, ADP has earned accolades for its technology leadership and innovations. For example, ADP was named to Forbes magazine's list of "The World's Most Innovative Companies" for 2013 and Computerworld's list of the "100 Best Places To Work In IT" for 2013, and was among the top 100 companies on the InformationWeek 500 for 2013 – an annual list of the top business technology innovators in the United States.
Mr. Capone is a 25-year veteran of ADP and has held positions in product development, information technology, and operations. Prior to becoming CVP & CIO, he served as Senior Vice President and General Manager of ADP GlobalView, an award-winning multilingual, multicurrency human resources outsourcing solution. In this role, he led ADP's efforts to develop a global HR BPO business for large multi-national corporations in partnership with SAP. In addition to his day-to-day responsibilities, Mr. Capone is a trustee for ADP's charitable foundation and serves on the boards of several non-profit organizations.
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