CBIZ, Inc. (NYSE: CBZ), a leading national professional services advisor, has announced the appointment of six new national industry leaders. This strategic move, effective February 1, 2025, reinforces CBIZ's commitment to industry specialization and delivering tailored expertise to clients. The newly appointed leaders and their respective industries are:
1. Michael Brooder - Technology & Life Sciences
2. Doug Fahrnow - Professional Services
3. Seth Goldblum - Private Equity
4. Julie Jones - Not-For-Profit & Higher Education
5. Michael Sacco - Consumer & Industrial Products
6. Abe Schlisselfeld - Real Estate
These appointments mark a significant milestone in the ongoing integration of Marcum, which became part of CBIZ in November 2024. Jerry Grisko, President and CEO of CBIZ, stated, "This is a major step in bringing our teams together to create an unmatched level of industry expertise that we can bring to bear when serving our clients." Each of these leaders is uniquely qualified to advise clients, as well as internal teams, on the opportunities and trends in their respective industries with their deep subject matter expertise.
Leader Bios:
1. Michael Brooder - Technology & Life Sciences: Michael Brooder is a Managing Director in Hartford, Conn. With over 30 years of experience, Brooder has worked with clients throughout their lifecycle, from innovative emerging growth companies to public companies. His expertise includes reporting requirements for publicly traded companies, including registration statements and 10-Q and 10-K forms.
2. Doug Fahrnow - Professional Services: Doug Fahrnow, a Managing Director in Indianapolis, has extensive experience in professional services, including professional employer organizations (PEOs) and consulting firms. Fahrnow's background includes business acquisitions, profitability consulting, and managing financial restructuring scenarios.
3. Seth Goldblum - Private Equity: Based in Philadelphia, Seth Goldblum is a Senior Managing Director in CBIZ's Private Equity Advisory practice. With over 30 years of experience, Goldblum specializes in driving profitable growth and building long-term business alliances. His expertise includes business combinations, merger integration, executive counsel, and overall business leadership.
4. Julie Jones - Not-For-Profit & Higher Education: Julie Jones is a Managing Director in Washington, D.C. With a career focused exclusively on not-for-profits, Jones brings a wealth of experience, knowledge, insight, and value to her clients. A leader in CBIZ's Client Accounting & Advisory Services practice, she is a driving force for creating a culture of collaboration, innovation, and growth for the company.
5. Michael Sacco - Consumer & Industrial Products: Michael Sacco is a Managing Director in New York City and is responsible for managing CBIZ's growing consumer and industrial products practice. He provides business advisory services to privately held businesses, private equity-backed companies, and their owners. Sacco's expertise includes cash flow projections, third-party financing, cost and expense reduction, benchmarking, inventory management, and deal structuring.
6. Abe Schlisselfeld - Real Estate: Abe Schlisselfeld is a Senior Managing Director in New York City. As the CBIZ real estate national leader, Schlisselfeld advises commercial real estate owners, developers, management firms, and real estate investment trusts (REITs) on all facets of taxation. He has explored the tax benefits and implications of the Qualified Opportunity Zones program since its introduction in the Tax Cuts and Jobs Act of 2017.
These appointments enable CBIZ to offer specialized services and expertise tailored to the unique needs of clients in various industries. By leveraging the diverse backgrounds and expertise of these leaders, CBIZ can better serve its clients and capitalize on emerging market trends. The strategic advantages gained by appointing these leaders position CBIZ favorably in the competitive professional services landscape, enhancing its ability to deliver tailored solutions and foster strong client relationships.
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