CBIZ (NYSE: CBZ) investors back directors, KPMG and executive pay
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
CBIZ, Inc. reported the results of its annual meeting of stockholders held on May 14, 2026. Stockholders elected Richard T. Marabito and Rodney A. Young as directors, each receiving over 38 million votes in favor. They also ratified KPMG LLP as independent registered public accounting firm for the year ending December 31, 2026, with 45,982,194 votes for. On an advisory basis, stockholders approved the compensation of the Named Executive Officers, with 39,871,104 votes for and 1,406,070 against.
Positive
- None.
Negative
- None.
8-K Event Classification
Item 5.07 — Submission of Matters to a Vote of Security Holders
1 item
Item 5.07
Submission of Matters to a Vote of Security Holders
Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Key Figures
Meeting date: May 14, 2026
Votes for Marabito: 38,239,045 votes
Votes for Young: 38,477,074 votes
+3 more
6 metrics
Meeting date
May 14, 2026
Annual meeting of stockholders
Votes for Marabito
38,239,045 votes
Director election of Richard T. Marabito
Votes for Young
38,477,074 votes
Director election of Rodney A. Young
Auditor ratification for votes
45,982,194 votes
Ratification of KPMG LLP for year ending December 31, 2026
Say-on-pay for votes
39,871,104 votes
Advisory approval of Named Executive Officer compensation
Say-on-pay against votes
1,406,070 votes
Advisory approval of Named Executive Officer compensation
Key Terms
broker non votes, independent registered public accounting firm, advisory basis, Named Executive Officers, +1 more
5 terms
broker non votes financial
"Broker Non Votes | 5,909,457"
independent registered public accounting firm regulatory
"KPMG LLP ... as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
advisory basis regulatory
"approved, on an advisory basis, the compensation of the Company’s Named Executive Officers"
Named Executive Officers financial
"compensation of the Company’s Named Executive Officers as disclosed in the 2026 proxy statement"
Named executive officers are the senior company leaders whose names, roles and compensation are singled out in required regulatory filings; this typically includes the chief executive, chief financial officer and the next highest‑paid senior officers. Investors treat this list like a team roster — it shows who makes key decisions, how they are paid and whether incentives align with shareholder interests, so changes or pay patterns can signal governance quality, risk or strategic shifts.
emerging growth company regulatory
"Emerging growth company Item 5.07 Submission of Matters"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
FAQ
What did CBIZ (CBZ) stockholders vote on at the May 14, 2026 annual meeting?
CBIZ stockholders voted on director elections, ratification of KPMG LLP as independent auditor for 2026, and an advisory approval of Named Executive Officer compensation. All three proposals received strong stockholder support based on the reported vote totals.
Were CBIZ (CBZ) director nominees elected at the 2026 annual meeting?
Yes. Richard T. Marabito received 38,239,045 votes for and Rodney A. Young received 38,477,074 votes for. Both directors were elected, with relatively low votes against and modest broker non-votes reported for each director election item.
Did CBIZ (CBZ) stockholders ratify KPMG as the 2026 independent auditor?
Yes. Stockholders ratified KPMG LLP as CBIZ’s independent registered public accounting firm for the year ending December 31, 2026, with 45,982,194 votes for, 1,129,651 votes against, and 98,605 abstentions according to the reported voting results.
How did CBIZ (CBZ) stockholders vote on executive compensation in 2026?
On an advisory basis, stockholders approved the compensation of CBIZ’s Named Executive Officers. The vote totals were 39,871,104 for, 1,406,070 against, and 23,819 abstain, with 5,909,457 broker non-votes also reported on the say-on-pay proposal.
What are broker non-votes in the CBIZ (CBZ) 2026 meeting results?
Broker non-votes are shares held by brokers that were not voted on certain proposals. For CBIZ’s 2026 meeting, broker non-votes totaled 5,909,457 on the director elections and the advisory say-on-pay item, reflecting positions where brokers lacked specific voting instructions.