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CBIZ Executive Compensation (FY25)

CBZ · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Jerome P. Grisko Jr.
Latest say-on-pay support
=
May 14, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of October 23, 2026Latest filing (EX-10): July 29, 2026
14 filings cited on this page
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251 figures on this page: 242 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

More on CBIZ

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Jerome P. Grisko Jr.: $5,367,621 → $7,063,348 (31.6% higher)
Say-on-pay support: 97.3% → 96.5% (0.8 points lower)
CEO pay ratio: 60.3:1 → 67.1:1 (11.3% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is CBIZ's chief executive and what were they paid?
Jerome P. Grisko Jr. was paid $7,063,348 in total compensation as Chief Executive Officer for fiscal 2025. Compared with the $5,367,621 reported for fiscal 2024, Grisko Jr.'s total was 31.6% higher.
What was CBIZ's say-on-pay result?
Shareholders supported the say-on-pay proposal with 96.5% of votes cast including abstentions in favor at the meeting held May 14, 2026 for fiscal 2025.
Which companies are in CBIZ's peer group?
The disclosed peer group includes AMN Healthcare Services, Inc., ASGN Incorporated, Barrett Business Services, Inc., Brown & Brown, Inc. and CACI International Inc, among others.
What is CBIZ's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 67.1:1, against median employee compensation of $105,230.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jerome Grisko
President and Chief Executive Officer
◇—◇—◇—◇◇
Ware Grove
Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jerome Grisko
President and Chief Executive Officer
◇—◇—◇—◇◇
Chris Spurio
President, Financial Services
◇—◇—◇—◇◇
Ware Grove
PFO, SVP, & CFO
◇—◇—◇—◇◇
Michael Kouzelos
President, B&I Services
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jerome Grisko
President and Chief Executive Officer
◇—◇—◇—◇◇
Chris Spurio
Chief Financial Officer
◇—◇—◇—◇◇
Ware Grove
Chief Financial Officer
◇—◇—◇—◇◇
Michael Kouzelos
President, B&I Services
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jerome P. Grisko Jr.
Chief Executive Officer
◇—◇—◇—◇◇
Brad Lakhia
Senior Vice President & Chief Financial Officer
◇—◇—◇—◇◇
Chris Spurio
Former President, Financial Services
Departed during or after this year
◇—◇—◇—◇◇
Michael Kouzelos
President, Benefits & Insurance Services
◇—◇—◇—◇◇
Ware Grove
Former Senior Vice President & Chief Financial Officer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brad LakhiaRSU◇——◇——◇
Brad LakhiaPSU◇◇◇—◇—◇
Brad LakhiaRSU◇——◇——◇
Chris SpurioPSU◇◇◇—◇—◇
Chris SpurioRSU◇——◇——◇
Jerome P. Grisko JrPSU◇◇◇—◇—◇
Jerome P. Grisko JrRSU◇——◇——◇
Michael KouzelosPSU◇◇◇—◇—◇
Michael KouzelosRSU◇——◇——◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael KouzelosPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
Ware GroveRSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Jerome GriskoPSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Chris SpurioRSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Brad LakhiaRSU◇◇——
PSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Brad Lakhia
Senior Vice President & Chief Financial Officer · Terms as announced by the company
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Chris Spurio
Former President, Financial Services · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Jerome P. Grisko Jr.
Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2026 filing
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Michael Kouzelos
President, Benefits & Insurance Services · Terms as announced by the company
Severance multiple◇
Severance cash amount◇
Change-in-control multiple◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Rick L. Burdick
Board chair
◇◇———◇◇
Richard T. Marabito
◇◇———◇◇
Benaree Pratt Wiley
◇◇———◇◇
Gina D. France
◇◇———◇◇
Rodney A. Young
◇◇———◇◇
A. Haag Sherman
◇◇———◇◇
Todd J. Slotkin
◇◇———◇◇
Kathy A. Raffa
◇◇———◇◇
Michael A. DeGroote
◇————◇◇
Jerome P. Grisko Jr served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Board chair premium◇
Audit committee chair◇
Compensation committee chair◇
Nominating and governance chair◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • AMN Healthcare Services, Inc. AMN
  • ASGN Incorporated EFOR
  • Barrett Business Services, Inc. BBSI
  • Brown & Brown, Inc. BRO
  • CACI International Inc CACI
  • Crawford & Company CRD-B
  • Cross Country Healthcare, Inc. CCRN
  • Dayforce Inc. DAY
  • Dun & Bradstreet Holdings, Inc. DNB
  • ExlService Holdings, Inc. EXLS
  • FTI Consulting, Inc. FCN
  • Heidrick & Struggles International, Inc. HSII
  • Huron Consulting Group Inc. HURN
  • ICF International, Inc. ICFI
  • Insperity, Inc. NSP
  • KBR, Inc. KBR
  • Kforce Inc. KFRC
  • Korn Ferry KFY
  • Parsons Corporation PSN
  • Paychex, Inc. PAYX
  • Paycom Software, Inc. PAYC
  • Science Applications International Corporation SAIC
  • TransUnion TRU
  • TriNet Group, Inc. TNET
  • TrueBlue, Inc. TBI
  • Verisk Analytics, Inc. VRSK

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025May 14, 2026=◇◇◇
2024May 15, 2025=◇◇◇
2022May 10, 2023=◇◇◇
2021May 10, 2022=◇◇◇
2020May 13, 2021=◇◇◇
2019May 14, 2020=◇◇◇
2018May 9, 2019=◇◇◇
2017May 10, 2018=◇◇◇
2015May 11, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Jerome P. Grisko Jr. (Chief Executive Officer), FY2025 total compensation $7,063,348 (base salary $993,750) [exec_comp, SEC accession 0001193125-26-140188, filed 2026-04-02]

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What this page does not include

Everything above is a fact CBIZ disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where CBIZ sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $499
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
251 figures on this page: 242 cited to the filing that reported them, 9 calculated from figures it prints.
242 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001193125-26-322225
    Exhibit
  2. 0000944148-26-000072
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0001193125-26-140188
    2025 DIRECTOR COMPENSATION TABLE · 2025 Grants of Plan-Based Awards · Compensation Discussion and Analysis · DIRECTOR COMPENSATION · and 3 more sections
  4. 0001628280-25-026070
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001193125-25-072368
    SUMMARY COMPENSATION TABLE · Summary Compensation Table
  6. 0001193125-24-076506
    Summary Compensation Table
  7. 0001628280-23-018328
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001193125-23-081535
    Summary Compensation Table
  9. 0001193125-22-148729
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001628280-21-010452
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001193125-20-146767
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001193125-19-144236
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001193125-18-164068
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0001193125-16-590373
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “CBIZ executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CBZ (accessed 2026).
Short form: data: Velarion

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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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14 filings cited on this page
Method: intel.velarion.ai/methodology
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Peers CBIZ discloses

The companies named in CBZ's own disclosed peer group.

AMN Healthcare Services, Inc.ASGN IncorporatedBarrett Business Services, Inc.Brown & Brown, Inc.CACI International IncCrawford & CompanyCross Country Healthcare, Inc.Dayforce Inc.Dun & Bradstreet Holdings, Inc.ExlService Holdings, Inc.FTI Consulting, Inc.ICF International, Inc.Insperity, Inc.KBR, Inc.Kforce Inc.Korn FerryParsons CorporationPaychex, Inc.Paycom Software, Inc.Science Applications International CorporationTransUnionTriNet Group, Inc.TrueBlue, Inc.Verisk Analytics, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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