# Henry Taub

> Henry Taub (1927-2011) was an American businessman and philanthropist who co-founded the payroll company that became Automatic Data Processing. ADP’s first chief executive, he served from 1949 to 1975, later supported educational and community institutions in the United States and Israel, and co-owned the New Jersey Nets.

- **Role:** Businessman and philanthropist
- **Organizations:** Automatic Data Processing, The Henry and Marilyn Taub Foundation, American Jewish Joint Distribution Committee, American Technion Society, Technion - Israel Institute of Technology, United Israel Appeal, New York University, AVI CHAI Foundation, New Jersey Nets, Taub Center for Social Policy Studies in Israel
- **From:** Paterson, United States
- **Nationality:** American
- **Education:** Degree in accounting, New York University, Honorary doctorate, Technion - Israel Institute of Technology
- **Known for:** Built ADP from a manual payroll service into an international business-services company., Led ADP as its first chief executive from 1949 to 1975., Supported computer science buildings and faculty recruitment at Technion.

## Career timeline

- **1947** — Graduated from New York University with a degree in accounting.
- **1949** — Founded Automatic Payrolls in Paterson, New Jersey, aged 21; served as its first chief executive.
- **1952** — Frank Lautenberg joined the payroll business as its first salesman.
- **1957** — Automatic Payrolls introduced punch-card processing capability.
- **1961** — ADP went public and leased its first computer, an IBM 1401.
- **1962** — ADP added brokerage back-office services.
- **1967** — Established The Henry and Marilyn Taub Foundation with his wife Marilyn.
- **1972** — ADP added dealer services.
- **1974-1976** — Served as president of the American Technion Society.
- **1975** — Frank Lautenberg succeeded him as ADP chief executive.
- **1981-1984** — Served as JDC president.
- **1985-1986** — Served as JDC board chair.
- **1986-2011** — Held the title of ADP honorary chairman.
- **1990-2003** — Chaired the Technion international board of governors.
- **1996** — Became chairman of the New Jersey Nets ownership group.
- **1998** — The Nets ownership group sold the team; Technion awarded Taub its medal.
- **2009** — Concluded service on the ADP board, which began in 1961.
- **2011** — Died on March 31 at age 83.

## Achievements

- Built ADP from a manual payroll service into an international business-services company.
- Led ADP as its first chief executive from 1949 to 1975.
- Supported computer science buildings and faculty recruitment at Technion.
- Helped establish the Taub Center for Social Policy Studies in Israel in 1982.
- Established a family foundation with Marilyn in 1967.
- Received the Technion Medal in 1998.

## Latest updates

- **2024-06** — ADP celebrated its 75th anniversary by ringing Nasdaq’s opening bell, recalling its start with one New Jersey client.

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Last updated: 2026-10-23