secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2023-12-11T23:59:59+00:00
Accession:  0001280058-23-000049
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud creates Vice Chairman role, appoints CEO Gianoni; sets 12-year director tenure limit
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- Board adopted amended bylaws on Dec 7, 2023 creating Vice Chairman of the Board position.
- CEO Michael P. Gianoni appointed Vice Chairman, effective immediately; remains President & CEO.
- Independent directors limited to 12 years of service; Nominating Committee may recommend waiver.
- Non-independent directors not subject to tenure limit.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005823000049/0001280058-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005823000049/blkb-20231207.htm
  HTML page:      https://secwatch.observer/filing/0001280058-23-000049

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