Posted: 07/06/2025 07:55 am
CBIZ, Inc. (NYSE: CBZ) continues to maintain its stature as a leading national professional services advisor, marking recent developments in compensation and strategic moves within the industry. A key focus has been on executive compensation, reflecting the company's strategies and priorities in rewarding its leadership team.
In 2024, the total compensation of Chris Spurio, President of Financial Services at CBIZ, amounted to $2,633,952^1. This package was primarily comprised of a salary of $762,125, a stock award valued at $1,238,020, and incentive plan compensation of $620,000. Such rewards underscore CBIZ's commitment to align executive compensation with company performance, fostering long-term growth and shareholder value.
A notable comparison can be drawn with the compensation of Michael Kouzelos, President of B&I Services, in 2023 and 2022. Kouzelos earned $1,875,089 in 2023^2 and $1,881,884 in 2022^3. Consistent compensation levels reflect stability in leadership during a period when many firms face financial volatility.
Market conditions have undoubtedly influenced these compensation strategies. As geopolitical tensions and economic concerns loom^5, CBIZ has demonstrated resilience. The company's strategies, such as a focus on AI-driven transformations, are likely to demand strong and steady leadership, justifying its competitive compensation packages.
Recent announcements also highlight CBIZ's adaptive strategies in leadership and market approach. Seth Goldblum’s appointment as National Leader of Advisory Services marks a significant shift in the company’s approach, aiming to leverage specialized insights to address complex business challenges^6. In addition, CBIZ's acquisition of Marcum's attest business signifies its growth strategy within the consulting segment^7.
Market performance also mirrors these strategic endeavors. As of June 2025, CBIZ shares trade at approximately $73.76 with a market capitalization of $4.01 billion^8. Despite a dip in its 200-day moving average, current stock appreciation hints at a positive investor sentiment, bolstered by initiatives to adapt to evolving industry conditions and innovations.
As CBIZ prepares to announce its full-year results for 2024 on February 26, 2025, the strategic moves and executive incentives set the tone for anticipated discussions on the company’s performance trajectory^9. These developments provide insights into how CBIZ navigates both internal and external business environments to sustain its market position.
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1. CBIZ, Inc. Executive Compensation Data for 2024, SEC Filing, [link](https://www.sec.gov/Archives/edgar/data/944148/000119312525072368/0001193125-25-072368-index.htm).
2. CBIZ, Inc. Executive Compensation Data for 2023, SEC Filing, [link](https://www.sec.gov/Archives/edgar/data/944148/000119312524076506/0001193125-24-076506-index.htm).
3. CBIZ, Inc. Executive Compensation Data for 2022, SEC Filing, [link](https://www.sec.gov/Archives/edgar/data/944148/000119312523081535/0001193125-23-081535-index.htm).
4. CBIZ, Inc. Corporate Press Release, February 12, 2025.
5. Zacks.com article on Consulting Stocks, June 27, 2025, [link](https://www.zacks.com/commentary/2556315/3-resilient-consulting-stocks-to-consider-amid-industry-woes?cid=CS-STOCKNEWSAPI-FT-industry_outlook-2556315).
6. Businesswire.com article on CBIZ Appointments, June 18, 2025, [link](https://www.businesswire.com/news/home/20250618437895/en/CBIZ-Inc.-Appoints-Seth-Goldblum-as-National-Leader-of-Advisory-Services/).
7. Newsfilecorp.com article on CBIZ Acquisition, June 13, 2025, [link](https://www.newsfilecorp.com/release/255571/InMed-Appoints-CBIZ-as-New-Auditor-in-Connection-with-CBIZs-Acquisition-of-Marcums-Attest-Business-Provides-Update-on-Special-Meeting-and-Makes-Modifications-to-Existing-SEPA).
8. Current CBIZ stock market data, June 27, 2025.
9. PRNewswire on CBIZ Earnings Announcement, February 12, 2025.
