Ceridian Corporation Expects to Announce New Chief Executive Officer Shortly
MINNEAPOLIS (October 02, 2006) – Ceridian Corporation (NYSE: CEN) announced today it anticipated its search for a new Chief Executive Officer would be completed shortly. L. White Matthews, III, Chairman of the Board of Directors, said “Our search for a new Chief Executive Officer has gone well. We anticipate the announcement of our new Chief Executive Officer within the next week or so. The Board and Company appreciate that Ronald L. Turner, Ceridian’s current President and Chief Executive Officer, has agreed to postpone his retirement during this short transition.”
Ceridian Corporation (www.ceridian.com) is an information services company serving businesses and employees in the United States, Canada and Europe. Ceridian is one of the top human resources outsourcing companies in each of its markets, and offers a broad range of human resource services, including payroll, benefits administration, tax compliance, HR information systems and employee advisory programs. Through its Comdata subsidiary, Ceridian is a major payment processor and issuer of credit cards, debit cards and stored value cards, primarily for the trucking and retail industries in the United States.
Source: Ceridian
