CBIZ CEO Jerome Grisko's 2020 pay slips 2% to $3.8M
CBIZ reports 2020 executive compensation
By ExecPay News
Published: March 31, 2021
CBIZ reported fiscal year 2020 executive compensation information on March 31, 2021.
In 2020, four CBIZ executives received on average a compensation package of $2.2M, a 1% decrease compared to previous year.
Average pay of disclosed executives at CBIZ
Jerome P. Grisko, Jr, Chief Executive Officer, received $3.8M in total, which decreased by 2% compared to 2019. 25% of Grisko's compensation, or $934K, was in option awards. Grisko also received $811K in non-equity incentive plan, $884K in salary, $934K in stock awards, as well as $225K in other compensation.
For fiscal year 2020, the median employee pay was $70,548 at CBIZ. Therefore, the ratio of Jerome P. Grisko, Jr's pay to the median employee pay was 54 to one.
Chris Spurio, President, Financial Services, received a compensation package of $1.7M, which is about the same as previous year. 31% of the compensation package, or $528K, was in salary.
Ware Grove, Chief Financial Officer, earned $1.6M in 2020, a 2% decrease compared to previous year.
Michael Kouzelos, President, Benefits & Insurance Services, received $1.5M in 2020, which decreases by 2% compared to 2019.
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Source: SEC filing on March 31, 2021.