CBIZ names Brad Lakhia as next CFO, succeeding retiring Ware Grove effective March 17, 2025

CBIZ, Inc.

Brad Lakhia appointed SVP & CFO effective March 17, 2025; Ware Grove retiring after 24 years.
Lakhia base salary $625,000, target STI 80%, initial equity grant $1.7M plus $2M transition RSUs.
Michael Mangan promoted to Chief Accounting Officer upon Grove's retirement.
Lakhia was EVP & CFO of OPENLANE (KAR); previously VP Finance at Goodyear (GT).
Transition planned; Lakhia to join from OPENLANE by March 1, 2025.

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