Cleveland-based IPA 100 firm CBIZ (FY23 net revenue of $1.35 billion) announced that Brad Lakhia will become its next senior vice president and CFO, succeeding Ware H. Grove, who plans to retire after a successful 24-year tenure in the role. As part of a planned transition, Lakhia will assume the CFO role and join the CBIZ senior team on March 17, 2025.
Lakhia brings nearly 30 years of experience leading and developing teams within large, complex global companies. “Brad brings impressive financial acumen and leadership abilities that will allow us to continue to build on our strong financial performance. His experience in M&A integration, treasury, capital markets and operational finance will serve us well as we solidify our position as the unmatched full-service professional services advisor to the growing middle market,” said Jerry Grisko, president and CEO of CBIZ.
“Now that CBIZ and Marcum have come together as one, CBIZ offers an unparalleled breadth of services and depth of expertise,” Lakhia said. “I look forward to leading the finance team to support the continued growth and success of CBIZ. I am grateful to Ware for the lasting legacy he leaves and his commitment to ensuring a smooth transition.”
“Working with the CBIZ team over the years, we have achieved a remarkable track record of growth and increased shareholder value,” Grove said. “Having closed the Marcum transaction, the company is in capable hands and this is a good time to step aside. I will be supporting a smooth transition in the coming months, and I look forward to seeing the continued success of CBIZ.”
