CBIZ CEO Jerome Grisko's 2021 pay jumps 33% to $5.1M
CBIZ reports 2021 executive compensation
By ExecPay News
Published: March 28, 2022
CBIZ reported fiscal year 2021 executive compensation information on March 28, 2022.
In 2021, four CBIZ executives received on average a compensation package of $2.9M, a 33% increase compared to previous year.
Jerome P. Grisko, Jr, Chief Executive Officer, received $5.1M in total, which increased by 33% compared to 2020. 33% of Grisko's compensation, or $1.7M, was in non-equity incentive plan. Grisko also received $1.1M in option awards, $905K in salary, $1.1M in stock awards, as well as $232K in other compensation.
For fiscal year 2021, the median employee pay was $75,817 at CBIZ. Therefore, the ratio of Jerome P. Grisko, Jr's pay to the median employee pay was 67 to one.
Chris Spurio, President, Financial Services, received a compensation package of $2.2M, which increased by 33% compared to previous year. 31% of the compensation package, or $693K, was in non-equity incentive plan.
Ware Grove, Chief Financial Officer, earned $2.2M in 2021, a 33% increase compared to previous year.
Michael Kouzelos, President, B&I Services, received $2M in 2021, which increases by 32% compared to 2020.