secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2022-12-12T23:59:59+00:00
Accession:  0001280058-22-000058
Event type: leadership
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud appoints Gupta and Hollenbeck as directors; Chou and Nelson retire
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- Timothy Chou, Ph.D. and Joyce M. Nelson retired from Blackbaud's board on Dec 8, 2022.
- Yogesh K. Gupta (CEO of Progress Software) and Rupal S. Hollenbeck (CCO of Check Point) appointed as Class A directors.
- Retirements due to tenure limits under Corporate Governance Guidelines; no disagreement cited.
- New directors are independent and will receive standard non-employee director compensation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005822000058/0001280058-22-000058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005822000058/blkb-20221208.htm
  HTML page:      https://secwatch.observer/filing/0001280058-22-000058

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