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CBIZ company history timeline

1988

In 1988 DeGroote sold his stake in Laidlaw to Canadian Pacific for $499 million in cash and Canadian Pacific stock.

1990

Although agreeing to stay on as CEO and chairman of the board, he decided to retire to Bermuda in 1990.

1995

In 1995 DeGroote turned over control to a former competitor, now friend, Wayne Huizenga, who had made Waste Management into the world's largest garbage business.

1997

In November 1997 the company also tacked away from its insurance heritage, as a number of old-guard International Alliance top executives were swept aside in favor of DeGroote and a stable of new vice-presidents and directors.

1997: Company name is changed to Century Business Services, Inc.

1998

Moreover, Century's growth was very much tied to its high stock price. It continued its aggressive program of acquisitions in 1998, snapping up accounting, payroll, and benefits companies.

1999

In the meantime Century's accounting practices were again called into question, and on December 28, 1999, the company was forced to revise the way it accounted for goodwill, the amount above the book value of an acquisition.

2002

By the spring of 2002 Century was ready to once again grow externally.

2010

Benefit Beat - 2010 and previous

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Founded
1987
Company founded
Headquarters
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Founders
Horace Horton
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Zippia gives an in-depth look into the details of CBIZ, including salaries, political affiliations, employee data, and more, in order to inform job seekers about CBIZ. The employee data is based on information from people who have self-reported their past or current employments at CBIZ. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by CBIZ. The data presented on this page does not represent the view of CBIZ and its employees or that of Zippia.

CBIZ may also be known as or be related to CBIZ, CBIZ Accounting, Tax & Advisory of Wichita LLC, CBIZ Inc, CBIZ, Inc, CBIZ, Inc., Cbiz and Cbiz, Inc.