CBIZ, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CBIZ, Inc. on May 15, 2025, regarding the results of its annual meeting of stockholders held on the same date. The company is incorporated in Delaware and its common stock trades on the New York Stock Exchange under the symbol CBZ.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results and does not contain financial performance data.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders:
- Election of Directors:
- Rick L. Burdick: Elected with 36,587,023 votes For, 7,733,041 Against, and 19,177 Abstain. There were 2,587,814 Broker Non-Votes.
- Jerome P. Grisko, Jr.: Elected with 43,906,114 votes For, 427,325 Against, and 5,802 Abstain. There were 2,587,814 Broker Non-Votes.
- Kathy A. Raffa: Elected with 44,171,418 votes For, 158,054 Against, and 9,769 Abstain. There were 2,587,814 Broker Non-Votes.
- Ratification of Auditors: Stockholders ratified the selection of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2025. The vote was 45,902,863 For, 975,110 Against, and 49,082 Abstain.
- Executive Compensation: Stockholders approved, on an advisory basis, the compensation of Named Executive Officers. The vote was 43,133,364 For, 1,126,022 Against, and 79,855 Abstain. There were 2,587,814 Broker Non-Votes.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the reporting of voting outcomes.
Key Facts for Investor Verification
- Verify the total number of shares entitled to vote to contextualize the "Broker Non-Votes" (2,587,814) which appeared in all three proposals.
- Note the significant number of "Against" votes for director Rick L. Burdick (7,733,041) compared to the other nominees.
- Confirm the ratification of KPMG LLP as the auditor for the fiscal year ending December 31, 2025.
- Review the 2025 proxy statement for details on the executive compensation package that received advisory approval.