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BLACKBAUD EXEC PAY TRIMMED IN 2020 Featured

Compensation for five named executives at Blackbaud dropped by amounts ranging from 11.3 percent to 15.4 percent for 2020. That came as none received non-equity incentive compensation for last year and stock awards dropped.

CEO Mike Gianoni made 15.4-percent less in 2020 than in 2019 as his total pay dropped to $9.4 percent from $11.1 million. Gianoni took a base salary cut to $613,258 from  $737,251  in 2019. However, executives received grants of restricted stock units in lieu of merit salary increase to give the company greater flexibility in responding to the COVID-19 pandemic. The biggest changes in the CEO’s pay was that he received $805,128 in non-equity incentive compensation in 2019, none this year. His stock grants fell to $8.8 million, off 8.7 percent from $9.5 million. CFO Tony Boor received. $3.8 million in 2020, down 12.6 percent from 2019 compensation of $4.4 million. Kevin Gregoire, president of U.S. markets, made $2.8 million last year, off 11.8 percent from $3.2 million. Kevin Mooney, EVP of corporate strategy and business development, was given $2.8 million in 2020 compensation, an 11.6-percent drop from $3.2 million the prior year. General counsel John Olson’s pay fell 11.3 percent to $1.8 million from slightly more than two million.

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