CBIZ Names New President of CBIZ Financial Services

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Chris Spurio has taken on the role of president of CBIZ Financial Services. Spurio, who previously served as chief operating officer of the financial services practice, will now be responsible for the group’s day-to-day management and strategy with a focus on organic growth and internal strategic initiatives.    

Spurio’s predecessor, David Sibits, will refocus his efforts on external initiatives which include mergers and acquisitions and recruiting senior level talent. Sibits remains on the executive committee and assumes the title of senior vice president, Strategic Development of CBIZ Financial Services.  

“Dave’s efforts have resulted in a tremendous foundation to drive further growth. My focus now is to accelerate the revenue growth of our accounting practice,” Spurio said in a statement. “To that end, key objectives include the further development of our consulting service groups, recruiting experienced partner-level professionals and expanding our business development manager program and marketing resources.”  

“The new roles that Chris and I are taking on are logical progressions for our respective careers. Having worked closely with Chris in recent years, the change allows us both to maximize our individual strengths for the next leg of our company’s growth,” Sibits added. “M&A remains an important initiative as industry consolidation continues. It’s also a full-time job and, with my new responsibilities, I’ll be in a position to more effectively leverage my time and contacts.”  

Spurio joined CBIZ in January 1998 and served as corporate controller until 1999, after which he served as vice president of finance until 2008. From 2008 to 2010, he served as executive managing director of the financial services group’s Midwest Region.

Prior to CBIZ, Spurio worked at KPMG LLP. He is a CPA, CGMA and a member of the AICPA and the Ohio Society of Certified Public Accountants.

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