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Blackbaud Amends CEO Compensation Agreement

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Blackbaud Amends CEO Compensation Agreement

The latest announcement is out from Blackbaud ( (BLKB) ).

On March 10, 2025, Blackbaud, Inc. amended its employment agreement with CEO Michael P. Gianoni to align his compensation with other executives, shifting his annual bonus to an equity-based award. The amendment also modifies severance terms, introducing a new COBRA reimbursement benefit and changing the conditions for equity award vesting upon termination due to death or disability, impacting the company’s executive compensation structure and potentially its financial planning.

More about Blackbaud

Blackbaud, Inc. operates in the technology industry, providing cloud-based software solutions and services primarily for the social good community, including nonprofits, foundations, and educational institutions.

YTD Price Performance: -12.24%

Average Trading Volume: 237,649

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.3B

Learn more about BLKB stock on TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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