secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001280058-25-000025
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud promotes Chad Anderson to CFO; Tony Boor shifts to corporate development role
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- Chad Anderson promoted to EVP and CFO effective April 30, 2025; previously served as CAO since June 2022.
- Tony Boor transitions to EVP of Corporate Development and Strategy after 14 years as Blackbaud's CFO.
- Anderson's base salary set at $425,000; annual bonus target 75% of salary; one-time RSU grant of $700,000 vesting over 3 years.
- Anderson is a 12-year Blackbaud veteran; prior CFO of EMEA region at Brightpoint Inc.
- Both Anderson and Boor remain on executive leadership team; Boor to focus on Rule of 45 by 2030.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005825000025/0001280058-25-000025-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005825000025/blkb-20250430.htm
  HTML page:      https://secwatch.observer/filing/0001280058-25-000025

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer