CBIZ Strengthens Board with New Appointment
CBIZ, Inc. (NYSE: CBZ), a prominent national professional services advisor, has recently announced the addition of Kathy Raffa to its Board of Directors. This strategic appointment, effective January 15, 2025, follows CBIZ's recent acquisition of the non-attest assets of Marcum. This move is seen as a testament to the company’s commitment to enhancing its Board with experienced professionals.
Kathy Raffa: A Leader in Nonprofit Accounting
Kathy Raffa brings with her an impressive track record as the former President of Raffa, PC, a well-respected accounting firm in Washington, D.C. With over 25 years of experience as an Audit Partner at Raffa, she played a pivotal role in guiding the firm through its merger with Marcum in 2018. Her depth of knowledge and understanding of the accounting sector makes her an excellent addition to the CBIZ Board.
A Rich Background in Audit and Consulting
With more than four decades of experience, Ms. Raffa has dedicated her career to providing exceptional audit, accounting, and consulting services, particularly to clients in the nonprofit sector. Her diverse experience spans across community-based organizations, trade associations, performing arts entities, museums, and educational institutions. She has consistently demonstrated a commitment to helping these organizations thrive.
Professional Experience that Matters
Ms. Raffa began her career with Coopers & Lybrand (now known as PricewaterhouseCoopers), where she specialized in audit services for nonprofit and higher education clients. Her expertise in auditing some of the largest nonprofits established her as a trusted figure in the industry. “We are pleased to welcome Kathy Raffa to the CBIZ Board of Directors,” expressed Jerry Grisko, President and CEO of CBIZ. “Her extensive accounting knowledge, connection with the Marcum organization, proven business acumen, and strong leadership background will greatly enhance our Board's effectiveness.”
Academic and Professional Credentials
Kathy Raffa is a proud alumna of The Wharton School at the University of Pennsylvania and is a Certified Public Accountant, licensed in both the District of Columbia and Maryland. Additionally, she has served on the Board of Directors for EagleBank and Eagle Bancorp, Inc., providing her with further insights into the financial landscape. Her past roles on various nonprofit boards, such as Trinity Washington University and Levine Music, exhibit her commitment to community engagement.
About CBIZ
CBIZ, Inc. (NYSE: CBZ) has positioned itself as a leading professional services advisor, catering to middle-market businesses across the country. With unmatched expertise in accounting, tax, advisory, benefits, insurance, and technology, CBIZ excels at delivering proactive insights and solutions that empower clients to navigate future challenges. With a workforce of more than 10,000 employees in over 160 locations nationwide, CBIZ is well-equipped to support businesses in their growth journeys. To learn more about CBIZ and its offerings, visit www.cbiz.com.
Frequently Asked Questions
1. Who is Kathy Raffa?
Kathy Raffa is the new independent director appointed to CBIZ’s Board of Directors, bringing over 40 years of experience in accounting and nonprofit services.
2. Why was Kathy Raffa appointed to the CBIZ Board?
Her extensive knowledge of the accounting industry, leadership experience, and connections with Marcum make her a valuable addition to the Board.
3. What is the significance of this appointment for CBIZ?
This appointment underscores CBIZ's commitment to enhancing its leadership with seasoned professionals who can contribute to the company’s growth strategies.
4. What are Kathy Raffa’s qualifications?
She has significant experience in audit services and has served on multiple nonprofit boards, along with being a certified public accountant.
5. How does CBIZ support middle-market businesses?
CBIZ provides a wide range of services, including accounting, tax, advisory, and technology, tailored to help middle-market businesses thrive.
