Henry Taub
Encyclopedia
Henry Taub was an American-born businessman and philanthropist of Hungarian
Hungary
Hungary , officially the Republic of Hungary , is a landlocked country in Central Europe. It is situated in the Carpathian Basin and is bordered by Slovakia to the north, Ukraine and Romania to the east, Serbia and Croatia to the south, Slovenia to the southwest and Austria to the west. The...

-Jewish descent.

Taub was educated at San Jacinto High School, the University of Houston
University of Houston
The University of Houston is a state research university, and is the flagship institution of the University of Houston System. Founded in 1927, it is Texas's third-largest university with nearly 40,000 students. Its campus spans 667 acres in southeast Houston, and was known as University of...

 and New York University
New York University
New York University is a private, nonsectarian research university based in New York City. NYU's main campus is situated in the Greenwich Village section of Manhattan...

. He graduated from NYU in 1947 with a degree in accounting.

In 1949, he founded Automatic Payrolls Inc. (API), a manual payroll
Payroll
In a company, payroll is the sum of all financial records of salaries for an employee, wages, bonuses and deductions. In accounting, payroll refers to the amount paid to employees for services they provided during a certain period of time. Payroll plays a major role in a company for several reasons...

 processing service in Northern New Jersey
New Jersey
New Jersey is a state in the Northeastern and Middle Atlantic regions of the United States. , its population was 8,791,894. It is bordered on the north and east by the state of New York, on the southeast and south by the Atlantic Ocean, on the west by Pennsylvania and on the southwest by Delaware...

. That company is now known as Automatic Data Processing, Inc. (ADP) and is the leading provider of computerized payroll and benefits management services to employers in the U.S. He retired from ADP in the mid-1980s.

Taub served as national president of the American Technion Society from 1974 to 1976, and chair of the Technion International Board of Governors from 1990 to 2003. At the time of his passing in 2011, he held the title of Honorary Chair of the Technion international Board of Governors, and was a member of the ATS National Board of Directors and New York Metropolitan Region Board.

He and his wife, Marilyn, spearheaded numerous Technion projects, including the Henry and Marilyn Taub and Family Science and Technology Center, a Technion campus landmark and home to its Faculty of Computer Science, considered one of the best in the world; the Leaders in Science and Technology Faculty Recruitment Program; and the Henry and Marilyn Taub Fund for the Future.

He was awarded the Technion Medal, a Technion honorary doctorate, and a Technion honorary fellowship. A special American Technion Society celebration in 2004 at the Plaza Hotel in New York City was held in tribute to Taub's lifetime of brilliant and dedicated service. Taub was the nephew of philanthropist Ben Taub
Ben Taub
Ben Taub , philanthropist and medical benefactor, fourth child of Jacob Nathan Taub, was born in 1889 in Houston .His father immigrated from Hungary to the United States in 1882 and became a tobacco wholesaler. Taub grew up in Houston, where he attended Welch Preparatory School. During World War I,...

.

External links

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